Severfield PLC Director/PDMR Shareholding (2681D)
July 05 2016 - 3:52AM
UK Regulatory
TIDMSFR
RNS Number : 2681D
Severfield PLC
05 July 2016
Date of notification: 5th July 2016
DIRECTOR/PDMR SHAREHOLDINGS
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 4th July 2016 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 2016:
Name of PDMR No. of shares held under
the award
-------------------------- -------------------------
Ian Lawson (CEO) 119829
-------------------------- -------------------------
Ian Cochrane (COO) 94124
-------------------------- -------------------------
Alan Dunsmore (FD) 79108
-------------------------- -------------------------
Derek Randall (Director) 65790
-------------------------- -------------------------
The awards are structured as forfeitable awards and will vest
unconditionally subject to the rules of the DSBP on 30(th) June
2019. No consideration was paid for the grant of the awards.
The Company was notified of these transactions on 5th July
2016.
This notification is made in accordance with DTR
3.1.4(1)(a).
Name of Company Official responsible for making notification:
Mark Sanderson, Company Secretary
This information is provided by RNS
The company news service from the London Stock Exchange
END
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July 05, 2016 04:52 ET (08:52 GMT)