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Amended Director/PDMR Shareholding

13 Sep 2016 16:05

RNS Number : 7374J
Severfield PLC
13 September 2016
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Date of notification: 13th September 2016

Amended Notification of transactions of PDMR in connection with the vesting of awards under the Company's long-term incentive plan arrangements

Severfield plc announces that it was notified on 13th September 2016 of the following transaction by Mark Sanderson, a PDMR in connection with certain awards vesting under the Severfield plc Performance Share Plan.

Name of PDMR: Mark Sanderson.

Reason for notification: Acquisition and disposal of ordinary shares.

Nature of transaction: 21,373 ordinary shares acquired for nil consideration upon the settlement of a long-term incentive award and the same day disposal of 9,815 of such ordinary shares (settlement of tax liability) at a price of 56.49 pence

Name of issuer: Severfield plc.

Legal Entity Identified code: 21380025AWPR781CY104.

Financial instrument: Ordinary shares of 2.5 pence each.

Date and place of the transaction: 9th September 2016 and Outside a Trading Venue.

Price (only relevant for disposals): 56.49 pence per ordinary share in respect of noted disposals.

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

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