Rob Evans exercised options for 43,738 Severfield Plc shares (PDMR dealing notification, UK MAR art. 19)

RNS Number : 0433A

Severfield PLC

22 October 2026

22nd October 2026

Severfield plc

Notification of Transactions of Directors, Persons Discharging Managerial Responsibilities ("PDMRs") and persons closely associated with them

The following notification relates to the vesting and exercise of nil cost share options granted under the Severfield Deferred Share Bonus Plan (“the Plan”) on 28th July 2023 representing part of bonus earned in 2022/23. These options vested on 21st October 2026 and were exercised and settled as set out below.

In accordance with the rules of the Plan, where directors chose to exercise and keep their shares, they were awarded shares out of the Severfield EBT to the value of the after tax benefit, with the tax being settled in cash.

Name	Number of shares awarded on 28th July 2023	Number of shares vested and exercised on 21st October 2026 after dividend equivalent adjustment	Cash paid to settle tax calculated at a share price of £0.371	Cash to be paid to participant after tax	Shares retained by individual
Rob Evans	74,277	93,061	£16,227	n/a	49,322

| | | | |
| --- | --- | --- | --- |
| 1 | Details of the person discharging managerial responsibilities/person closely associated |
| a) | Name | Rob Evans |
| 2 | Reason for the notification |
| a) | Position/status | Commercial 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 instrumentIdentification code | | | |
| --- | --- |
| Ordinary shares of 2.5p | |
| GB00B27YGJ97 | | |
| b) | Nature of the transaction | Exercise of DSBP award made in 2023 representing bonus earned in 2022/23 and settlement of that exercise by cash settling the tax liability and share transfer to the value of the after tax benefit. |
| c) | Price(s) and volume(s) | | | | | |
| --- | --- | --- | --- |
| | Price | Volume | Total |
| Share settlement | £0.371 | 43,738 | £16,227 | |
| d) | Aggregated information

—	Aggregated volume
—	Price		Not applicable
e)	Date of the transaction	21 October 2026
f)	Place of the transaction	Outside a trading venue

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