Director/PDMR Shareholding | RNS | Ticker

Director/PDMR Shareholding

RNS Announcement

RNS Number : 9574P

Severfield PLC

23 November 2016

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

Details of the person discharging managerial responsibilities/person closely associated

Name

Ian Lawson

Reason for the notification

Position/status

CEO

Initial notification/Amendment

Initial notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name

Severfield plc

LEI

21380025AWPR781CY104

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

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 2.5p

GB00B27YGJ97

Nature of the transaction

362,506 ordinary shares acquired for nil consideration upon the settlement of a long-term incentive award and the same day disposal of 170,721 of such ordinary shares (settlement of tax liability)

Price(s) and volume(s)

Price(s)	Volume(s)
68.5p	170,721

Aggregated information

-	Aggregated volume

Price

Single transaction

Date of the transaction

2016-11-22: 10.20

Place of the transaction

London Stock Exchange, Main Market (XLON)

Details of the person discharging managerial responsibilities/person closely associated

Name

Mark Sanderson

Reason for the notification

Position/status

Legal Director and Company Secretary

Initial notification/Amendment

Initial notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

Name

Severfield plc

LEI

21380025AWPR781CY104

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

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of 2.5p

GB00B27YGJ97

Nature of the transaction

Disposal of ordinary shares

Price(s) and volume(s)

Price(s)	Volume(s)
68.8p	11,558

Aggregated information

-	Aggregated volume
-	Price

Single transaction

Date of the transaction

2016-11-22: 10.50

Place of the transaction

London Stock Exchange, Main Market (XLON)

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

23 November 2016

This information is provided by RNS

The company news service from the London Stock Exchange

END

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RNS metadata

Title: Director/PDMR Shareholding
Time: 11:33:18
Date: 23 Nov 2016
Category: Director/PDMR dealings
ID: 9574P