Business
Director Holding
Director Holding.
About this update from Severfield Plc
[{"type":"text","content":"\n \nRNS Number : 1025T Severfield PLC 29 June 2018 \n\nDate of notification: 29th June 2018\nSEVERFIELD PLC\nDIRECTOR/PDMR SHAREHOLDINGS-AWARD OF DEFERRED BONUS SHARES\nSeverfield plc (\"the Company\") wishes to notify the following changes in the interests of persons discharging managerial responsibility (\"PDMRs\") in ordinary shares (\"Shares\").\nGRANT OF DEFERRED BONUS SHARE AWARDS\nOn 28th June 2018 a grant of the following deferred awards over Shares under the Company's Deferred Share Bonus Plan (\"DSBP\") was made to the following PDMRs representing a proportion of their bonus entitlement for the financial year to 31 March 2018:\n\n\n\nName of PDMR\n\n\nNo. of shares held under the award\n\n\n\n\nAlan Dunsmore (CEO)\n\n\n117,613\n\n\n\n\nAdam Semple (FD) \n\n\n13,098\n\n\n\n\nIan Cochrane (COO)\n\n\n108,732\n\n\n\n\nDerek Randall (Director)\n\n\n98,984\n\n\n\n \nThe awards are structured as nil exercise cost options normally exercisable between 3 and 10 years after grant. No consideration was paid for the grant of the awards. \nThe Company was notified of these transactions on 28th June 2018.\nDetails of the full notifications received by the Company are set out below:\n \n\n\n\n1 \n\n\nDetails of the person discharging managerial responsibilities/person closely associated \n\n\n\n\na)\n\n\nName\n\n\nAlan Dunsmore \n\n\n\n\n2 \n\n\nReason for the notification \n\n\n\n\na)\n\n\nPosition/status\n\n\nCEO\n\n\n\n\nb)\n\n\nInitial notification/Amendment\n\n\nInitial notification\n\n\n\n\n3 \n\n\nDetails of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor \n\n\n\n\na)\n\n\nName\n\n\nSeverfield plc \n\n\n\n\nb)\n\n\nLEI\n\n\n21380025AWPR781CY104\n\n\n\n\n4 \n\n\nDetails 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 \n\n\n\n\na)\n\n\nDescription of the financial instrument, type of instrument\nIdentification code\n\n\n\n\n\nOrdinary shares of 2.5p\n\n\n\n\n\n\n\n\n\n\nGB00B27YGJ97\n\n\n\n\n\n\n\n\n\n\n\nb)\n\n\nNature of the transaction\n\n\nGrant of an award under the Company's Deferred Bonus Share Plan. The award is a nil exercise cost option normally exercisable between 3 and 10 years after grant subject to continued...