Severfield PLC Director/PDMR Shareholding Correction (6030C)
June 21 2021 - 10:03AM
UK Regulatory
TIDMSFR
RNS Number : 6030C
Severfield PLC
21 June 2021
NOTIFICATION AND PUBLIC DISCLOSURE OF A CORRECTION TO
TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND
PERSONS CLOSELY ASSOCIATED WITH THEM
Previous notification 18 June 2021
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 Correction to grant of an award previously notified under the
Company's Performance Share
Plan as a conditional award of shares. Subject to a three
year EPS performance condition and
continued service, the award normally vests after three
years.
The EPS targets for the year ending 31 March 2024 are 7.61
pence (threshold performance -
25% vests) to 9.92 pence (maximum performance - 100% vests)
with linear interpolation in between.
This represents a PBT range of GBP30m to GBP40m.
------------------------------------------------- --------------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 231,481 (previously notified wrongly as 329,133)
-------------------------------------------------
------------------------------------------------- --------------------------------------------------------------
d) Aggregated information - Aggregated volume Not applicable-single transaction
- Price
------------------------------------------------- --------------------------------------------------------------
e) Date of the transaction 17/6/21
------------------------------------------------- --------------------------------------------------------------
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
21 June 2021
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
DSHUARVRAUUNUAR
(END) Dow Jones Newswires
June 21, 2021 11:03 ET (15:03 GMT)
Severfield (LSE:SFR)
Historical Stock Chart
From Feb 2024 to Mar 2024
Severfield (LSE:SFR)
Historical Stock Chart
From Mar 2023 to Mar 2024