Category: Uncategorized

Interim Management Statement

Interim Management Statement Severfield-Rowen Plc, the market leading structural steel group, issues this Interim Management Statement covering the period to 15 August 2013. Current Trading The Group’s overall trading performance for the year to date remains in line with management expectations. The Group’s borrowings are also in line with expectations following the completion of the… Read more »

Annual Reports and Accounts

Severfield-Rowen Plc (the “Company”) announces that it has published its Annual Report and Accounts for the period ended 31 March 2013. The document is accessible via the Severfield company reports page. Hard copies of the Annual Report and Notice of Annual General Meeting 2013 will be posted to shareholders on Friday 2 August 2013.

Notice of Board Appointment

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 »

2012 Full Year Results

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 »

General Meeting Results – Rights Issue

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.

Severfield-Rowen PLC – Proposed Rights Issue

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

Interim Results for 12 Months ended 31 December 2012

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.

Trading and Financing Update

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 »