SEVERFIELD PLC

('the Company')

23 July 2018

Director/PDMR share disposal

This notification is made in accordance with the EU Market Abuse Regulation.

The Company announces that on 20 July 2018 Derek Randall (an Executive Director of the Company), sold 141,736 ordinary shares of 2.5p each in the Company at a price of £0.822 per share.

Following this transaction, which is detailed in the PDMR Notification Dealing Form below, Mr Randall retains 469,214 ordinary shares, representing 0.15% of the Company's issued share capital.

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

Derek Randall

2

Reason for the notification

a)

Position/status

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 instrument

Identification code

b)

Nature of the transaction

Sale of ordinary shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.822

141,736

d)

Aggregated information

Single transaction

e)

Date of the transaction

20/7/18

f)

Place of the transaction

London Stock Exchange

Enquiries:

Mark Sanderson, Company Secretary

Contact details: 01845 577896

Severfield plc

Severs House

Dalton Airfield Industrial Estate

Thirsk

North Yorkshire

YO7 3JN

Classification: 3.1

Attachments

  • Original document
  • Permalink

Disclaimer

Severfield plc published this content on 23 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 23 July 2018 15:12:05 UTC