Director/PDMR Shareholding
Severfield plc announced that on July 29, 2026, Chief Executive Officer Paul McNerney was granted a deferred bonus share award of 101,063 ordinary shares under the Company's Deferred Share Bonus Plan, representing a portion of his bonus entitlement for the financial year ending March 28, 2026. These awards are structured as nil exercise cost options, normally exercisable between three and ten years after the grant date, with no consideration paid for the award.
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Severfield plc ("the Company") wishes to notify the following changes in the interests of persons discharging managerial responsibility ("PDMRs") in ordinary shares ("Shares").
GRANT OF DEFERRED BONUS SHARE AWARDS
On 29th July 2026 a grant of a deferred award over Shares under the Company's Deferred Share Bonus Plan ("DSBP") was made to the following PDMR representing a proportion of their bonus entitlement for the financial year to 28 March 2026:
| Name of PDMR | No. of shares held under the award |
|---|---|
| Paul McNerney (Chief Executive Officer) | 101,063 |
The 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.
The Company was notified of these transactions on 29th July 2026.
Details of the full notifications received by the Company are set out below:
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Paul McNerney |
| 2 | Reason for the notification | |
| a) | Position/status | Chief Executive Officer |
| b) | Initial notification/Amendment | Initial notification |
| a) | Name | Severfield plc |
| b) | LEI | 21380025AWPR781CY104 |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of 2.5p GB00B27YGJ97 |
| b) | Nature of the transaction | Grant of an award under the Company's Deferred Bonus Share Plan. The award is a nil exercise cost option exercisable normally exercisable between 3 and 10 years after grant subject to continued employment . No consideration was paid for the grant of the award . |
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil 101,063 |
| d) | Aggregated information - Aggregated volume - Price | Not applicable-single transaction |
| e) | Date of the transaction | 2026-07-29 |
| f) | Place of the transaction | Outside a trading venue |
Name of Company Official responsible for making notification:
Mark Sanderson, Company Secretary
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.