Severfield PLC RSP grant (8138M)
18 September 2023 - 5:08PM
UK Regulatory
TIDMSFR
RNS Number : 8138M
Severfield PLC
18 September 2023
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 Ordinary shares of 2.5p
instrument GB00B27YGJ97
Identification code
-------------------------------------------------------- ------------------------------------------------------
b) Nature of the transaction Grant of an award under the Company's restricted
share plan in the form of a nil cost option.
Subject to performance underpins and continued
service and to a two-year holding period, the
award normally vests in June 2026.
-------------------------------------------------------- ------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 335,133
----------
-------------------------------------------------------- ------------------------------------------------------
d) Aggregated information - Aggregated volume Not applicable-single transaction
- Price
-------------------------------------------------------- ------------------------------------------------------
e) Date of the transaction 15/09/23
-------------------------------------------------------- ------------------------------------------------------
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 Ordinary shares of 2.5p
instrument GB00B27YGJ97
Identification code
-------------------------------------------------------- ------------------------------------------------------
b) Nature of the transaction Grant of an award under the Company's restricted
share plan in the form of a nil cost option.
Subject to performance underpins and continued
service and to a two-year holding period, the
award normally vests in June 2026.
-------------------------------------------------------- ------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 229,028
----------
-------------------------------------------------------- ------------------------------------------------------
d) Aggregated information - Aggregated volume Not applicable-single transaction
- Price
-------------------------------------------------------- ------------------------------------------------------
e) Date of the transaction 15/09/23
-------------------------------------------------------- ------------------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------------------------------------- ------------------------------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Derek Randall
-------------------------------------------------------- ------------------------------------------------------
2 Reason for the notification
----------------------------------------------------------------------------------------------------------------
a) Position/status Executive 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 Ordinary shares of 2.5p
instrument GB00B27YGJ97
Identification code
-------------------------------------------------------- ------------------------------------------------------
b) Nature of the transaction Grant of an award under the Company's restricted
share plan in the form of a nil cost option.
Subject to performance underpins and continued
service and to a two-year holding period, the
award normally vests in June 2026.
-------------------------------------------------------- ------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 233,654
----------
-------------------------------------------------------- ------------------------------------------------------
d) Aggregated information - Aggregated volume Not applicable-single transaction
- Price
-------------------------------------------------------- ------------------------------------------------------
e) Date of the transaction 15/09/23
-------------------------------------------------------- ------------------------------------------------------
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 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 Ordinary shares of 2.5p
instrument GB00B27YGJ97
Identification code
-------------------------------------------------------- ------------------------------------------------------
b) Nature of the transaction Grant of an award under the Company's restricted
share plan in the form of a nil cost option.
Subject to performance underpins and continued
service, the award normally vests in June 2026.
-------------------------------------------------------- ------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 85,714
----------
-------------------------------------------------------- ------------------------------------------------------
d) Aggregated information - Aggregated volume Not applicable-single transaction
- Price
-------------------------------------------------------- ------------------------------------------------------
e) Date of the transaction 15/09/23
-------------------------------------------------------- ------------------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------------------------------------- ------------------------------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Matt Gamble
-------------------------------------------------------- ------------------------------------------------------
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 Ordinary shares of 2.5p
instrument GB00B27YGJ97
Identification code
-------------------------------------------------------- ------------------------------------------------------
b) Nature of the transaction Grant of an award under the Company's restricted
share plan in the form of a nil cost option.
Subject to performance underpins and continued
service, the award normally vests in June 2026.
-------------------------------------------------------- ------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
Nil 34,273
----------
-------------------------------------------------------- ------------------------------------------------------
d) Aggregated information - Aggregated volume Not applicable-single transaction
- Price
-------------------------------------------------------- ------------------------------------------------------
e) Date of the transaction 15/09/23
-------------------------------------------------------- ------------------------------------------------------
f) Place of the transaction Outside a trading venue
-------------------------------------------------------- ------------------------------------------------------
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
18 September 2023
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END
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