TIDMSFR

RNS Number : 8138M

Severfield PLC

18 September 2023

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 
 1     Details of the person discharging managerial responsibilities/person closely associated 
 a)    Name                                                      Alan Dunsmore 
      --------------------------------------------------------  ------------------------------------------------------ 
 2     Reason for the notification 
      ---------------------------------------------------------------------------------------------------------------- 
 a)    Position/status                                           CEO 
      --------------------------------------------------------  ------------------------------------------------------ 
 b)    Initial notification/Amendment                            Initial notification 
      --------------------------------------------------------  ------------------------------------------------------ 
 3     Details of the issuer, emission allowance market participant, auction platform, auctioneer 
        or auction monitor 
      ---------------------------------------------------------------------------------------------------------------- 
 a)    Name                                                      Severfield plc 
      --------------------------------------------------------  ------------------------------------------------------ 
 b)    LEI                                                       21380025AWPR781CY104 
      --------------------------------------------------------  ------------------------------------------------------ 
 4     Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) 
        each type of transaction; (iii) each date; and (iv) each place where transactions have been 
        conducted 
      ---------------------------------------------------------------------------------------------------------------- 
 a)    Description of the financial instrument, type of           Ordinary shares of 2.5p 
       instrument                                                  GB00B27YGJ97 
       Identification code 
      --------------------------------------------------------  ------------------------------------------------------ 
 b)    Nature of the transaction                                 Grant of an award under the Company's restricted 
                                                                 share plan in the form of a nil cost option. 
                                                                 Subject to performance underpins and continued 
                                                                 service and to a two-year holding period, the 
                                                                 award normally vests in June 2026. 
      --------------------------------------------------------  ------------------------------------------------------ 
 c)    Price(s) and volume(s)                                     Price(s)    Volume(s) 
                                                                   Nil         335,133 
                                                                              ---------- 
      --------------------------------------------------------  ------------------------------------------------------ 
 d)    Aggregated information -   Aggregated volume              Not applicable-single transaction 
 
         -   Price 
      --------------------------------------------------------  ------------------------------------------------------ 
 e)    Date of the transaction                                   15/09/23 
      --------------------------------------------------------  ------------------------------------------------------ 
 f)    Place of the transaction                                  Outside a trading venue 
      --------------------------------------------------------  ------------------------------------------------------ 
 
 
 1     Details of the person discharging managerial responsibilities/person closely associated 
 a)    Name                                                      Adam Semple 
      --------------------------------------------------------  ------------------------------------------------------ 
 2     Reason for the notification 
      ---------------------------------------------------------------------------------------------------------------- 
 a)    Position/status                                           Finance Director 
      --------------------------------------------------------  ------------------------------------------------------ 
 b)    Initial notification/Amendment                            Initial notification 
      --------------------------------------------------------  ------------------------------------------------------ 
 3     Details of the issuer, emission allowance market participant, auction platform, auctioneer 
        or auction monitor 
      ---------------------------------------------------------------------------------------------------------------- 
 a)    Name                                                      Severfield plc 
      --------------------------------------------------------  ------------------------------------------------------ 
 b)    LEI                                                       21380025AWPR781CY104 
      --------------------------------------------------------  ------------------------------------------------------ 
 4     Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) 
        each type of transaction; (iii) each date; and (iv) each place where transactions have been 
        conducted 
      ---------------------------------------------------------------------------------------------------------------- 
 a)    Description of the financial instrument, type of           Ordinary shares of 2.5p 
       instrument                                                  GB00B27YGJ97 
       Identification code 
      --------------------------------------------------------  ------------------------------------------------------ 
 b)    Nature of the transaction                                 Grant of an award under the Company's restricted 
                                                                 share plan in the form of a nil cost option. 
                                                                 Subject to performance underpins and continued 
                                                                 service and to a two-year holding period, the 
                                                                 award normally vests in June 2026. 
      --------------------------------------------------------  ------------------------------------------------------ 
 c)    Price(s) and volume(s)                                     Price(s)    Volume(s) 
                                                                   Nil         229,028 
                                                                              ---------- 
      --------------------------------------------------------  ------------------------------------------------------ 
 d)    Aggregated information -   Aggregated volume              Not applicable-single transaction 
 
         -   Price 
      --------------------------------------------------------  ------------------------------------------------------ 
 e)    Date of the transaction                                   15/09/23 
      --------------------------------------------------------  ------------------------------------------------------ 
 f)    Place of the transaction                                  Outside a trading venue 
      --------------------------------------------------------  ------------------------------------------------------ 
 
 
 1     Details of the person discharging managerial responsibilities/person closely associated 
 a)    Name                                                      Derek Randall 
      --------------------------------------------------------  ------------------------------------------------------ 
 2     Reason for the notification 
      ---------------------------------------------------------------------------------------------------------------- 
 a)    Position/status                                           Executive Director 
      --------------------------------------------------------  ------------------------------------------------------ 
 b)    Initial notification/Amendment                            Initial notification 
      --------------------------------------------------------  ------------------------------------------------------ 
 3     Details of the issuer, emission allowance market participant, auction platform, auctioneer 
        or auction monitor 
      ---------------------------------------------------------------------------------------------------------------- 
 a)    Name                                                      Severfield plc 
      --------------------------------------------------------  ------------------------------------------------------ 
 b)    LEI                                                       21380025AWPR781CY104 
      --------------------------------------------------------  ------------------------------------------------------ 
 4     Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) 
        each type of transaction; (iii) each date; and (iv) each place where transactions have been 
        conducted 
      ---------------------------------------------------------------------------------------------------------------- 
 a)    Description of the financial instrument, type of           Ordinary shares of 2.5p 
       instrument                                                  GB00B27YGJ97 
       Identification code 
      --------------------------------------------------------  ------------------------------------------------------ 

 b)    Nature of the transaction                                 Grant of an award under the Company's restricted 
                                                                 share plan in the form of a nil cost option. 
                                                                 Subject to performance underpins and continued 
                                                                 service and to a two-year holding period, the 
                                                                 award normally vests in June 2026. 
      --------------------------------------------------------  ------------------------------------------------------ 
 c)    Price(s) and volume(s)                                     Price(s)    Volume(s) 
                                                                   Nil         233,654 
                                                                              ---------- 
      --------------------------------------------------------  ------------------------------------------------------ 
 d)    Aggregated information -   Aggregated volume              Not applicable-single transaction 
 
         -   Price 
      --------------------------------------------------------  ------------------------------------------------------ 
 e)    Date of the transaction                                   15/09/23 
      --------------------------------------------------------  ------------------------------------------------------ 
 f)    Place of the transaction                                  Outside a trading venue 
      --------------------------------------------------------  ------------------------------------------------------ 
 
 
 1     Details of the person discharging managerial responsibilities/person closely associated 
 a)    Name                                                      Mark Sanderson 
      --------------------------------------------------------  ------------------------------------------------------ 
 2     Reason for the notification 
      ---------------------------------------------------------------------------------------------------------------- 
 a)    Position/status                                           Company Secretary 
      --------------------------------------------------------  ------------------------------------------------------ 
 b)    Initial notification/Amendment                            Initial notification 
      --------------------------------------------------------  ------------------------------------------------------ 
 3     Details of the issuer, emission allowance market participant, auction platform, auctioneer 
        or auction monitor 
      ---------------------------------------------------------------------------------------------------------------- 
 a)    Name                                                      Severfield plc 
      --------------------------------------------------------  ------------------------------------------------------ 
 b)    LEI                                                       21380025AWPR781CY104 
      --------------------------------------------------------  ------------------------------------------------------ 
 4     Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) 
        each type of transaction; (iii) each date; and (iv) each place where transactions have been 
        conducted 
      ---------------------------------------------------------------------------------------------------------------- 
 a)    Description of the financial instrument, type of           Ordinary shares of 2.5p 
       instrument                                                  GB00B27YGJ97 
       Identification code 
      --------------------------------------------------------  ------------------------------------------------------ 
 b)    Nature of the transaction                                 Grant of an award under the Company's restricted 
                                                                 share plan in the form of a nil cost option. 
                                                                 Subject to performance underpins and continued 
                                                                 service, the award normally vests in June 2026. 
      --------------------------------------------------------  ------------------------------------------------------ 
 c)    Price(s) and volume(s)                                     Price(s)    Volume(s) 
                                                                   Nil         85,714 
                                                                              ---------- 
      --------------------------------------------------------  ------------------------------------------------------ 
 d)    Aggregated information -   Aggregated volume              Not applicable-single transaction 
 
         -   Price 
      --------------------------------------------------------  ------------------------------------------------------ 
 e)    Date of the transaction                                   15/09/23 
      --------------------------------------------------------  ------------------------------------------------------ 
 f)    Place of the transaction                                  Outside a trading venue 
      --------------------------------------------------------  ------------------------------------------------------ 
 
 
 1     Details of the person discharging managerial responsibilities/person closely associated 
 a)    Name                                                      Matt Gamble 
      --------------------------------------------------------  ------------------------------------------------------ 
 2     Reason for the notification 
      ---------------------------------------------------------------------------------------------------------------- 
 a)    Position/status                                           Group financial controller 
      --------------------------------------------------------  ------------------------------------------------------ 
 b)    Initial notification/Amendment                            Initial notification 
      --------------------------------------------------------  ------------------------------------------------------ 
 3     Details of the issuer, emission allowance market participant, auction platform, auctioneer 
        or auction monitor 
      ---------------------------------------------------------------------------------------------------------------- 
 a)    Name                                                      Severfield plc 
      --------------------------------------------------------  ------------------------------------------------------ 
 b)    LEI                                                       21380025AWPR781CY104 
      --------------------------------------------------------  ------------------------------------------------------ 
 4     Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) 
        each type of transaction; (iii) each date; and (iv) each place where transactions have been 
        conducted 
      ---------------------------------------------------------------------------------------------------------------- 
 a)    Description of the financial instrument, type of           Ordinary shares of 2.5p 
       instrument                                                  GB00B27YGJ97 
       Identification code 
      --------------------------------------------------------  ------------------------------------------------------ 
 b)    Nature of the transaction                                 Grant of an award under the Company's restricted 
                                                                 share plan in the form of a nil cost option. 
                                                                 Subject to performance underpins and continued 
                                                                 service, the award normally vests in June 2026. 
      --------------------------------------------------------  ------------------------------------------------------ 
 c)    Price(s) and volume(s)                                     Price(s)    Volume(s) 
                                                                   Nil         34,273 
                                                                              ---------- 
      --------------------------------------------------------  ------------------------------------------------------ 
 d)    Aggregated information -   Aggregated volume              Not applicable-single transaction 
 
         -   Price 
      --------------------------------------------------------  ------------------------------------------------------ 
 e)    Date of the transaction                                   15/09/23 
      --------------------------------------------------------  ------------------------------------------------------ 
 f)    Place of the transaction                                  Outside a trading venue 
      --------------------------------------------------------  ------------------------------------------------------

Name of Company Official responsible for making notification:

Mark Sanderson, Company Secretary

Contact details: 01845 577896

Severfield plc

Severs House

Dalton Airfield Industrial Estate

Thirsk

North Yorkshire

YO7 3JN

18 September 2023

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END

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(END) Dow Jones Newswires

September 18, 2023 11:08 ET (15:08 GMT)

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