Severfield-Rowen Plc (“Severfield-Rowen” or “the Company”) is pleased to announce that Ian Cochrane has been appointed Chief Operating Officer with effect from 5 June 2013. Ian will also join the Board as an executive director. He will be replacing Peter Emerson who, as previously announced on 8 January 2013, will be retiring from the Company… Read more »
Severfield-Rowen Plc, the market-leading structural steel group, today announces its unaudited Preliminary Results for the 15 month period ended 31 March 2013. Financial Highlights • Rights Issue completed successfully on 5 April 2013 raising £44.8m of new funds (net of expenses) • Revised revolving credit facility of £35m effective from completion of Rights Issue •… Read more »
The Board of Directors of Severfield-Rowen announces that the ordinary resolution authorising the Directors to allot New Ordinary Shares pursuant to the Rights Issue (the “Resolution”) proposed at today’s General Meeting was passed on a show of hands.
Press Release and Prospectus The Board of Severfield-Rowen PLC (“Severfield-Rowen”, the “Company” or the “Group”) today announces a proposed fully underwritten Rights Issue (the “Rights Issue”) to raise gross proceeds of approximately £47.9 million (approximately £44.8 million net of expenses). Rights Issue 270213 SFR Prospectus 2013
Stabilisation of UK Business; £47.9m Rights Issue; First Profit Contribution from Indian Joint Venture Severfield-Rowen Plc, the market leading structural steel group, announces its interim results for the 12 months to 31 December 2012. Download the 2012 December Interim Report.
Severfield-Rowen Plc (the “Group”), the UK market leading structural steel group, issues this further update on its trading position and the findings of the Board’s review of the Group’s contract base, referred to in the announcement on 23 January 2013. Contract Review The Board’s review (the “Review”) addressed 70 of the Group’s contracts representing c…. Read more »