TIDMSFR

RNS Number : 3849D

Severfield PLC

28 June 2021

Date of notification: 28(th) June 2021

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 June 2021 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 2021:

 
 Name of PDMR                      No. of shares held under the 
                                    award 
 Alan Dunsmore (CEO)               183,032 
                                  ----------------------------- 
 Ian Cochrane (COO)                163,106 
                                  ----------------------------- 
 Derek Randall (Director)          134,137 
                                  ----------------------------- 
 Adam Semple (Finance Director)    123,899 
                                  ----------------------------- 
 

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 2021.

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         183,032 
                                                                             ---------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information -   Aggregated volume              Not applicable-single transaction 
 
        -   Price 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   2021-06-28 
     --------------------------------------------------------  ------------------------------------------------------- 
 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         163,106 
                                                                             ---------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information -   Aggregated volume              Not applicable-single transaction 
 
        -   Price 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   2021-06-28 
     --------------------------------------------------------  ------------------------------------------------------- 
 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         134,137 
                                                                             ---------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information -   Aggregated volume              Not applicable-single transaction 
 
        -   Price 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   2021-06-28 
     --------------------------------------------------------  ------------------------------------------------------- 
 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         123,899 
                                                                             ---------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information -   Aggregated volume              Not applicable-single transaction 
 
        -   Price 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   2021-06-28 
     --------------------------------------------------------  ------------------------------------------------------- 
 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) June 2021

Classification 3.1

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