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 Paul McNerney | 2 Reason for the notification | a) Position/status CEO | 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 Ordinary shares of 2.5p GB00B27YGJ97 | b) Nature of the transaction Grant of an award under the Company's Performance Share Plan as a conditional award of shares. Subject to performance conditions and continued service, the award normally vests in June 2029. The performance conditions are weighted as follows: · 50% is based on an earnings per share (EPS) target for the year ending 31 March 2029 as follows
*This represents a PBT range of £26m to £32m. · 50% is based on a relative total shareholder return (TSR) target measured against FTSE Small Cap (excluding investment trusts) for the period 28 March 2026 to 31 March 2029 as follows:
| c) Price(s) and volume(s)
| d) Aggregated information
Not applicable-single transaction | e) Date of the transaction 29/6/26 | f) Place of the transaction Outside a trading venue |
1 Details of the person discharging managerial responsibilities/person closely associated | a) Name Andrew Page | 2 Reason for the notification | a) Position/status CFO | 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 Ordinary shares of 2.5p GB00B27YGJ97 | b) Nature of the transaction Grant of an award under the Company's Performance Share Plan as a conditional award of shares. Subject to performance conditions and continued service, the award normally vests in June 2029. The performance conditions are weighted as follows: · 50% is based on an earnings per share (EPS) target for the year ending 31 March 2029 as follows
*This represents a PBT range of £26m to £32m. · 50% is based on a relative total shareholder return (TSR) target measured against FTSE Small Cap (excluding investment trusts) for the period 28 March 2026 to 31 March 2029 as follows:
| c) Price(s) and volume(s)
| d) Aggregated information
Not applicable-single transaction | e) Date of the transaction 29/6/26 | f) Place of the transaction Outside a trading venue |
1 Details of the person discharging managerial responsibilities/person closely associated | a) Name Robert Evans | 2 Reason for the notification | a) Position/status UK MD | 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 Ordinary shares of 2.5p GB00B27YGJ97 | b) Nature of the transaction Grant of an award under the Company's Performance Share Plan as a conditional award of shares. Subject to performance conditions and continued service, the award normally vests in June 2029. The performance conditions are weighted as follows: · 50% is based on an earnings per share (EPS) target for the year ending 31 March 2029 as follows
*This represents a PBT range of £26m to £32m. · 50% is based on a relative total shareholder return (TSR) target measured against FTSE Small Cap (excluding investment trusts) for the period 28 March 2026 to 31 March 2029 as follows:
| c) Price(s) and volume(s)
| d) Aggregated information
Not applicable-single transaction | e) Date of the transaction 29/6/26 | f) Place of the transaction Outside a trading venue |
1 Details of the person discharging managerial responsibilities/person closely associated | a) Name Graeme Buchanan | 2 Reason for the notification | a) Position/status Europe MD | 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 Ordinary shares of 2.5p GB00B27YGJ97 | b) Nature of the transaction Grant of an award under the Company's Performance Share Plan as a conditional award of shares. Subject to performance conditions and continued service, the award normally vests in June 2029. The performance conditions are weighted as follows: · 50% is based on an earnings per share (EPS) target for the year ending 31 March 2029 as follows
*This represents a PBT range of £26m to £32m. · 50% is based on a relative total shareholder return (TSR) target measured against FTSE Small Cap (excluding investment trusts) for the period 28 March 2026 to 31 March 2029 as follows:
| c) Price(s) and volume(s)
| d) Aggregated information
Not applicable-single transaction | e) Date of the transaction 29/6/26 | f) Place of the transaction Outside a trading venue |
1 Details of the person discharging managerial responsibilities/person closely associated | a) Name Mark Sanderson | 2 Reason for the notification | a) Position/status Company Secretary | 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 Ordinary shares of 2.5p GB00B27YGJ97 | b) Nature of the transaction Grant of an award under the Company's Performance Share Plan as a conditional award of shares. Subject to performance conditions and continued service, the award normally vests in June 2029. The performance conditions are weighted as follows: · 50% is based on an earnings per share (EPS) target for the year ending 31 March 2029 as follows
*This represents a PBT range of £26m to £32m. · 50% is based on a relative total shareholder return (TSR) target measured against FTSE Small Cap (excluding investment trusts) for the period 28 March 2026 to 31 March 2029 as follows:
| c) Price(s) and volume(s)
| d) Aggregated information
Not applicable-single transaction | e) Date of the transaction 29/6/26 | f) Place of the transaction Outside a trading venue |
1 Details of the person discharging managerial responsibilities/person closely associated | a) Name Abida Lalani | 2 Reason for the notification | a) Position/status Group Strategy and Transformation 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 Ordinary shares of 2.5p GB00B27YGJ97 | b) Nature of the transaction Grant of an award under the Company's Performance Share Plan as a conditional award of shares. Subject to performance conditions and continued service, the award normally vests in June 2029. The performance conditions are weighted as follows: · 50% is based on an earnings per share (EPS) target for the year ending 31 March 2029 as follows
*This represents a PBT range of £26m to £32m. · 50% is based on a relative total shareholder return (TSR) target measured against FTSE Small Cap (excluding investment trusts) for the period 28 March 2026 to 31 March 2029 as follows:
| c) Price(s) and volume(s)
| d) Aggregated information
Not applicable-single transaction | e) Date of the transaction 29/6/26 | f) Place of the transaction Outside a trading venue |
1 Details of the person discharging managerial responsibilities/person closely associated | a) Name Matt Gamble | 2 Reason for the notification | a) Position/status Group Financial Controller | 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 Ordinary shares of 2.5p GB00B27YGJ97 | b) Nature of the transaction Grant of an award under the Company's Performance Share Plan as a conditional award of shares. Subject to performance conditions and continued service, the award normally vests in June 2029. The performance conditions are weighted as follows: · 50% is based on an earnings per share (EPS) target for the year ending 31 March 2029 as follows
*This represents a PBT range of £26m to £32m. · 50% is based on a relative total shareholder return (TSR) target measured against FTSE Small Cap (excluding investment trusts) for the period 28 March 2026 to 31 March 2029 as follows:
| c) Price(s) and volume(s)
| d) Aggregated information
Not applicable-single transaction | e) Date of the transaction 29/6/26 | f) Place of the transaction Outside a trading venue |
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
1st July 2026
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