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 »