Severfield PLC Transaction in Own Shares
14 November 2024 - 7:50PM
RNS Regulatory News
RNS Number : 2561M
Severfield PLC
14 November 2024
14 November 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 Panmure Liberum Capital Limited:
Date of purchase:
|
13 November 2024
|
Aggregate number of ordinary shares
purchased:
|
225,000
|
Trading venue:
|
London Stock Exchange
|
Lowest price paid per share
(p):
|
88.00
|
Highest price paid per share
(p):
|
88.00
|
Average price paid per share
(p):
|
88.00
|
The Company intends to cancel the
purchased shares.
The total number of voting rights in
Severfield as at 13 November 2024 is 301,697,340. 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
|
|
|
|
|
Panmure
Liberum
|
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: Panmure 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
|
09:23:18
|
150,000
|
88.00
|
XLON
|
15:10:21
|
75,000
|
88.00
|
XLON
|
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END
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