TIDMSFR

RNS Number : 0389R

Severfield PLC

03 March 2021

NOTIFICATION DEALING WITH THE EXERCISE OF OPTIONS BY A PDMR UNDER THE SEVERFIELD PLC SAYE SHARE OPTION PLAN

SEVERFIELD PLC

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                             Adam Semple 
     -------------------------------  -------------------------------------- 
 2    Reason for Notification 
     ----------------------------------------------------------------------- 
 a)   Position/status                  Finance director 
     -------------------------------  -------------------------------------- 
 b)   Initial notification/Amendment   Initial Announcement 
     -------------------------------  -------------------------------------- 
 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     Ordinary Shares of 2.5 pence each in 
       instrument, type of              Severfield PLC 
       instrument 
      Identification code              GB00B27YGJ97 
     -------------------------------  -------------------------------------- 
 b)   Nature of the transaction        Exercise of option granted on 25 July 
                                        2017 under the Company's SAYE Share 
                                        Option Plan 
     -------------------------------  -------------------------------------- 
 c)   Price(s) and volume(s)            Price(s)    Volume(s) 
                                         GBP0.64     11,250 
                                                    ---------- 
     -------------------------------  -------------------------------------- 
 d)        Aggregated information      Not applicable - single transaction 
             *    Aggregated volume 
 
 
             *    Price 
     -------------------------------  -------------------------------------- 
 e)   Date of the transaction           3(rd) March 2021 
     -------------------------------  -------------------------------------- 
 f)   Place of the transaction         Outside a trading venue 
     -------------------------------  -------------------------------------- 
 

Enquiries:

Mark Sanderson, Company Secretary

Contact details: 01845 577896

Severfield plc

Severs House

Dalton Airfield Industrial Estate

Thirsk

North Yorkshire

YO7 3JN

3(rd) March 2021

Classification: 3.1

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

DSHJJMBTMTBMBRB

(END) Dow Jones Newswires

March 03, 2021 06:18 ET (11:18 GMT)