Transaction in Own Shares

Severfield PLC
25 April 2024
 

25 April 2024

 

Severfield plc

("Severfield" or the "Company")

 

Transaction in Own Shares

and

Total Voting Rights

 


The Company announces that in accordance with the authority given by its shareholders at its 2023 Annual General Meeting and pursuant to the Company's share buy-back announced on 17 April 2024 (the "Programme"), it has purchased the following ordinary shares of 2.5 pence each in the capital of the Company ("Ordinary Shares") through Liberum Capital Limited:

 

Date of purchase:

24 April 2024

Aggregate number of ordinary shares purchased:

85,000

Trading venue:

London Stock Exchange

Lowest price paid per share (p):

68.89

Highest price paid per share (p):

70.00

Average price paid per share (p):

69.54

 

The Company intends to cancel the purchased shares.

 

The total number of voting rights in Severfield as at 24 April 2024 is 309,453,321.  This figure may be used by shareholders as the denominator for the calculations by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.

 

For further information, please contact:

 

Severfield plc

Adam Semple

01845 577 896


Chief Financial Officer



Mark Sanderson



Legal Director and Company Secretary





Liberum Capital

Nicholas How

020 3100 2000


Satbir Kler





Camarco

Ginny Pulbrook

020 3757 4980

 

Tom Huddart


 

 

Transaction details

 

Issuer name:  Severfield plc

 

LEI: 21380025AWPR781CY104

 

ISIN: GB00B27YGJ97

 

Classification: 2.4. Acquisition or disposal of the issuer's own shares

 

Intermediary name: Liberum Capital Limited

 

Intermediary code: LIBC

 

Timezone: GMT

 

Currency: GBP

 

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), a breakdown of the individual trades made by Liberum Capital Limited on behalf of Severfield as part of the Programme is detailed below:

 

Individual transactions:

 

Transaction time

Volume

Price (GBp)

Platform

16:18:09

35,000

68.89

XLON

16:17:40

50,000

70.00

XLON

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 

Companies

Severfield (SFR)
UK 100

Latest directors dealings