Last checked at 13 May 2024 07:00
13 May 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: | 10 May 2024 |
Aggregate number of ordinary shares purchased: | 100,000 |
Trading venue: | London Stock Exchange |
Lowest price paid per share (p): | 69.60 |
Highest price paid per share (p): | 70.80 |
Average price paid per share (p): | 70.39 |
The Company intends to cancel the purchased shares.
The total number of voting rights in Severfield as at 10 May 2024 is 308,977,386. 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 | Platform |
12:05:20 | 34,000 | 69.60 | XLON |
15:10:34 | 66,000 | 70.80 | XLON |