REG - Severfield PLC - Transaction in Own Shares

SeverfieldAnnouncement

25/04/2024 07:15

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RNS Number : 0052M  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

 

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