Level 2

Company Announcements

Director/PDMR Shareholding

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By LSE RNS

RNS Number : 0067M
Severfield PLC
25 July 2017
 

Date of notification:  25th July 2017

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 SHARESAVE SHARE OPTION AWARDS

On 25th July 2017 share option awards were granted under the Severfield plc HMRC approved all employee Sharesave scheme to PDMRs as set out in the table below. The awards were granted in accordance with the rules of the plan and the HMRC regulations in place at the time and on the same basis for all employees.  The options may be exercised on maturity of the relevant savings plans in accordance with the scheme rules in September 2020.

Name of PDMR

No. of shares held under the award

Mark Sanderson (Legal Director and Company Secretary)

8,437

Adam Semple (Group Financial Controller)

11,250

 

The Company was notified of these transactions on 25th July 2017.

 Details of the individual awards are set out below.

Name of Company Official responsible for making notification:  Mark Sanderson, Company Secretary

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

Mark Sanderson

2

Reason for the notification

a)

Position/status

Legal Director and Company Secretary

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 instrument

Identification code

Ordinary shares of 2.5p

 

 

GB00B27YGJ97

 

 

b)

Nature of the transaction

Award of options under the Severfield SAYE Sharesave plan exercisable in September 2020 subject to continued membership of savings plan

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 n/a

 8,437

 

d)

Aggregated information

-

Aggregated volume

-

Price

 

Single transaction

e)

Date of the transaction

25/7/17

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

Group Financial Controller

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 instrument

Identification code

Ordinary shares of 2.5p

 

 

GB00B27YGJ97

 

 

b)

Nature of the transaction

Award of options under the Severfield SAYE Sharesave plan exercisable in September 2020 subject to continued membership of savings plan

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 n/a

 11,250

 

d)

Aggregated information

-

Aggregated volume

-

Price

 

Single transaction

e)

Date of the transaction

25/7/17

f)

Place of the transaction

Outside a trading venue

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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