Director Shareholding

13 May 2005 17:42

Severfield-Rowen PLC13 May 2005 Severfield-Rowen PLC13 May 2005 Severfield-Rowen plc ("the Company") was advised on 12 May 2005 that JohnSevers, on the 11 May 2005, disposed of 38,920 ordinary shares, all at 595p. Hisresultant holding is 677,464 shares, representing 3.3% of the Company. The Company was also advised on 12 May 2005 that certain of its directors hadacquired ordinary shares in the Company. The following shares purchases took place on 11 May 2005, all at 595p. Peter Emerson acquired 3,254 shares. His resultant holding is 25,343 shares,representing 0.1% of the Company. Peter Ellison acquired 3,254 shares. His resultant holding is 16,033 shares,representing less than 0.1% of the Company. Tom Haughey acquired 3,067 shares. His resultant holding is 18,067 shares,representing less than 0.1% of the Company. Brian Hick acquired 2,510 shares. His resultant holding is 29,493 shares,representing 0.1% of the Company. Peter Davison acquired 2,510 shares. His resultant holding is 102,849 shares,representing 0.5% of the Company. Under the rules of the Severfield-Rowen Share Matching Plan the Company haspurchased 24,325 shares. All of the executive directors of Severfield-Rowen,other than John Severs, are potential beneficiaries of this scheme. This information is provided by RNS The company news service from the London Stock Exchange