Severfield PLC Director/PDMR Shareholding (6638F)
July 29 2016 - 4:31AM
UK Regulatory
TIDMSFR
RNS Number : 6638F
Severfield PLC
29 July 2016
Date of notification: 29(th) July 2016
Notification of transactions of PDMR in connection with the
vesting of awards under the Company's long-term incentive plan
arrangements
Severfield plc announces that it was notified on 28th July 2016
of the following transaction by Derek Randall, a PDMR in connection
with certain awards vesting under the Severfield plc Performance
Share Plan.
Name of PDMR: Derek Randall.
Reason for notification: Acquisition and disposal of ordinary shares.
Nature of transaction: 230,695 ordinary shares acquired for nil
consideration upon the settlement of a long-term incentive award
and the same day disposal of 73,690 of such ordinary shares
(settlement of tax liability) at a price of 49.05pence
Name of issuer: Severfield plc.
Legal Entity Identified code: 21380025AWPR781CY104.
Financial instrument: Ordinary shares of 2.5 pence each.
Date and place of the transaction: 28(th) July and Outside a Trading Venue.
Price (only relevant for disposals): 49.05 pence per ordinary
share in respect of noted disposals.
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
This information is provided by RNS
The company news service from the London Stock Exchange
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July 29, 2016 05:31 ET (09:31 GMT)