Director/PDMR Shareholding

RNS Number : 5989T
Severfield PLC
25 July 2022
 

25th July 2022

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 22nd July 2022 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 2025.

Name of PDMR

No. of shares held under the award

Alan Dunsmore (CEO)

9,670

Adam Semple (Finance Director)

30,070

Mark Sanderson (Legal Director and Company Secretary)

15,600

Gemma Mortimer (Group Financial Controller)

21,105

 The Company was notified of these transactions on 22nd July 2022.

 Details of the individual awards are set out below.

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

Classification 3.1


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

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 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 2025 subject to continued membership of savings plan

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

n/a

9,670


d)

Aggregated information

-

Aggregated volume

-

Price


Single transaction

e)

Date of the transaction

22/7/22

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 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 2024 subject to continued membership of savings plan

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

n/a

30,070


d)

Aggregated information

-

Aggregated volume

-

Price


Single transaction

e)

Date of the transaction

22/7/22

f)

Place of the transaction

Outside a trading venue

 

 

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 2024 subject to continued membership of savings plan

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 n/a

 15,600


d)

Aggregated information

-

Aggregated volume

-

Price


Single transaction

e)

Date of the transaction

22/7/22

f)

Place of the transaction

Outside a trading venue

 


1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Gemma Mortimer

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 2024 subject to continued membership of savings plan

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

 n/a

 21,105


d)

Aggregated information

-

Aggregated volume

-

Price


Single transaction

e)

Date of the transaction

22/7/22

f)

Place of the transaction

Outside a trading venue

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHRAMPTMTJTMLT

Companies

Severfield (SFR)
UK 100

Latest directors dealings