Severfield Regulatory News (SFR)

9 Nov 2005 09:46

Severfield-Rowen PLC09 November 2005 NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIALRESPONSIBILITY OR CONNECTED PERSONS This form is intended for use by an issuer to make a RIS notification requiredby DR 3.1.4R(1). (1) An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.(2) An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.(3) An issuer making a notification in respect of options granted to a director /person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.(4) An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24. Please complete all relevant boxes in block capital letters. 1. Name of the issuer SEVERFIELD-ROWEN PLC 2. State whether the notification relates to (i) a transaction notified inaccordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (asextended by section 328) of the Companies Act 1985; or(iii) both (i) and (ii)(iii) 3. Name of person discharging managerial responsibilities/director PETER DAVISON 4. State whether notification relates to a person connected with a persondischarging managerial responsibilities/director named in 3 and identify theconnected person N/A 5. Indicate whether the notification is in respect of a holding of the personreferred to in 3 or 4 above or in respect of a non-beneficial interest AS 3 ABOVE 6. Description of shares (including class), debentures or derivatives orfinancial instruments relating to shares 10 PENCE ORDINARY SHARES 7. Name of registered shareholders(s) and, if more than one, the number ofshares held by each of them AS 3 ABOVE 8 State the nature of the transaction PETER DAVISON SOLD 20,000 SHARES 9. Number of shares, debentures or financial instruments relating to sharesacquired N/A 10. Percentage of issued class acquired (treasury shares of that class shouldnot be taken into account when calculating percentage) N/A 11. Number of shares, debentures or financial instruments relating to sharesdisposed 20,000 SHARES 12. Percentage of issued class disposed (treasury shares of that class shouldnot be taken into account when calculating percentage) 0.1% 13. Price per share or value of transaction GBP 8.40 PER SHARE 14. Date and place of transaction 8 NOVEMBER 2005, LONDON STOCK EXCHANGE 15. Total holding following notification and total percentage holding followingnotification (any treasury shares should not be taken into account whencalculating percentage) 82,849 SHARES, 0.4% 16. Date issuer informed of transaction 8 NOVEMBER 2005 If a person discharging managerial responsibilities has been granted options bythe issuer complete the following boxes 17 Date of grant 18. Period during which or date on which it can be exercised 19. Total amount paid (if any) for grant of the option 20. Description of shares or debentures involved (class and number) 21. Exercise price (if fixed at time of grant) or indication that price is to befixed at the time of exercise 22. Total number of shares or debentures over which options held followingnotification 23. Any additional information 24. Name of contact and telephone number for queries PETER DAVISON 01845 577896 Name and signature of duly authorised officer of issuer responsible for makingnotification Date of notification 9 NOVEMBER 2005 END This information is provided by RNS The company news service from the London Stock Exchange