REG - Severfield PLC - Directorate Change

SeverfieldAnnouncement

12/02/2024 12:15

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RNS Number : 8391C  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             01845 577 896

                          Chief Executive Officer
                          Adam Semple               01845 577 896

                          Chief Financial Officer
 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).

 

 

 

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