Directorate Change

Severfield PLC

12 February 2024

 

Severfield plc

('the Company' or 'the Group')

Directorate Change

Severfield plc, the market leading structural steel group, announces that Rosie Toogood, a non- executive director of the Company, will be leaving the Board of the Company on 12 February 2024. She has taken up a new senior executive role at Wates Group, who are a major customer of the Group, and it has been agreed that, in those circumstances, in order to avoid a conflict of interest, she will step down.

Kevin Whiteman, Non-Executive Chairman, commented:

"We would like to thank Rosie for her valuable contribution to the Board and to the Group's growth over the last three years."

ENDS

For further information, please contact:

Severfield	Alan Dunsmore Chief Executive Officer	01845 577 896
	Adam Semple Chief Financial Officer	01845 577 896
Jefferies International	Simon Hardy	020 7029 8000
	Will Soutar	020 7029 8000
Liberum Capital	Nicholas How	020 3100 2000
	Ben Cryer	020 3100 2000
Camarco	Ginny Pulbrook	020 3757 4992
	Tom Huddart	020 3757 4980

Notes to editors - Severfield:

Severfield is the UK's market leader in the design, fabrication and construction of structural steel, with a total capacity of c.150,000 tonnes of steel per annum. The Group has seven sites, c.1,800 employees and expertise in large, complex projects across a broad range of sectors. The Group also has an established presence in the expanding Indian market through its joint venture partnership with JSW Steel (India's largest steel producer).

 

END