03 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:

The Company intends to cancel the purchased shares.

The total number of voting rights in Severfield as at 02 May 2024 is 309,077,386.  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:

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: