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Severfield plc purchased 200,000 of its ordinary shares through Panmure Liberum Limited on the London Stock Exchange on 29 January 2025. The shares were acquired at prices ranging from 48.10p to 48.40p, with an average price of 48.25p, and the Company intends to cancel them. Severfield plc also reported total voting rights of 296,181,987 as of 29 January 2025.
| Date | 30 Jan 2025 |
| Time | 07:00:06 |
| Category | Capital structure |
| ID | 1964V |
30 January 2025
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 Limited:
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Date of purchase: |
29 January 2025 |
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Aggregate number of ordinary shares purchased: |
200,000 |
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Trading venue: |
London Stock Exchange |
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Lowest price paid per share (p): |
48.10 |
|
Highest price paid per share (p): |
48.40 |
|
Average price paid per share (p): |
48.25 |
The Company intends to cancel the purchased shares.
The total number of voting rights in Severfield as at 29 January 2025 is 296,181,987. 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:
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Severfield plc |
Adam Semple |
01845 577 896 |
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Chief Financial Officer |
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|
|
Mark Sanderson |
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Legal Director and Company Secretary |
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Panmure Liberum |
Nicholas How |
020 3100 2000 |
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|
Satbir Kler |
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Camarco |
Ginny Pulbrook |
020 3757 4980 |
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|
Tom Huddart |
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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 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 Panmure Liberum Limited on behalf of Severfield as part of the Programme is detailed below:
Individual transactions:
|
Transaction Time |
Volume |
Price |
Platform |
|
15:41:00 |
100,000 |
48.40 |
XLON |
|
16:17:08 |
100,000 |
48.10 |
XLON |