Severfield PLC Director/PDMR Shareholding (7774H)
July 31 2023 - 9:18AM
UK Regulatory
TIDMSFR
RNS Number : 7774H
Severfield PLC
31 July 2023
Date of notification: 28(th) July 2023
SEVERFIELD PLC
DIRECTOR/PDMR SHAREHOLDINGS-AWARD OF DEFERRED BONUS SHARES
Severfield plc ("the Company") wishes to notify the following
changes in the interests of persons discharging managerial
responsibility ("PDMRs") in ordinary shares ("Shares").
GRANT OF DEFERRED BONUS SHARE AWARDS
On 28th July 2023 a grant of the following deferred awards over
Shares under the Company's Deferred Share Bonus Plan ("DSBP") was
made to the following PDMRs representing a proportion of their
bonus entitlement for the financial year to 31 March 2023:
Name of PDMR No. of shares held under the
award
Alan Dunsmore (CEO) 211,416
-----------------------------
Ian Cochrane (COO) 188,253
-----------------------------
Adam Semple (Finance director) 144,484
-----------------------------
Derek Randall (Director) 156,893
-----------------------------
The awards are structured as nil exercise cost options normally
exercisable between 3 and 10 years after grant. No consideration
was paid for the grant of the awards.
The Company was notified of these transactions on 28(th) June
2023.
Details of the full notifications received by the Company are
set out below:
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 Deferred Bonus
Share Plan. The award is a nil exercise
cost option normally exercisable between 3 and 10
years after grant subject to continued employment.
No consideration was paid for the grant of the award
-------------------------------------------------------- ------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 211,416
----------
-------------------------------------------------------- ------------------------------------------------------
d) Aggregated information - Aggregated volume Not applicable-single transaction
- Price
-------------------------------------------------------- ------------------------------------------------------
e) Date of the transaction 2023-07-28
-------------------------------------------------------- ------------------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------------------------------------- ------------------------------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Ian Cochrane
-------------------------------------------------------- ------------------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------------------------------------------
a) Position/status COO
-------------------------------------------------------- ------------------------------------------------------
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 Deferred Bonus
Share Plan. The award is a nil exercise
cost option normally exercisable between 3 and 10
years after grant subject to continued employment
. No consideration was paid for the grant of the
award .
-------------------------------------------------------- ------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 188,253
----------
-------------------------------------------------------- ------------------------------------------------------
d) Aggregated information - Aggregated volume Not applicable-single transaction
- Price
-------------------------------------------------------- ------------------------------------------------------
e) Date of the transaction 2023-07-28
-------------------------------------------------------- ------------------------------------------------------
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 Deferred Bonus
Share Plan. The award is a nil exercise
cost option normally exercisable between 3 and 10
years after grant subject to continued employment.
No consideration was paid for the grant of the award
-------------------------------------------------------- ------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 144,484
----------
-------------------------------------------------------- ------------------------------------------------------
d) Aggregated information - Aggregated volume Not applicable-single transaction
- Price
-------------------------------------------------------- ------------------------------------------------------
e) Date of the transaction 2023-07-28
-------------------------------------------------------- ------------------------------------------------------
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 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 Deferred Bonus
Share Plan. The award is a nil exercise
cost option exercisable normally exercisable between
3 and 10 years after grant subject to
continued employment . No consideration was paid for
the grant of the award .
-------------------------------------------------------- ------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 156,893
----------
-------------------------------------------------------- ------------------------------------------------------
d) Aggregated information - Aggregated volume Not applicable-single transaction
- Price
-------------------------------------------------------- ------------------------------------------------------
e) Date of the transaction 2023-07-28
-------------------------------------------------------- ------------------------------------------------------
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
28(th) July 2023
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