SEVERFIELD PLC — Regulatory Filings 2014

Dec 18, 2014

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 1023A

Severfield PLC

18 December 2014

18 December 2014

SEVERFIELD SECURES CONTRACT WINS WORTH £43 MILLION, INCLUDING ANFIELD STADIUM DEVELOPMENT

Severfield plc, the market leading structural steel group, announces that its operational momentum continues by winning six new contracts, worth £43 million.

Contract highlights

·     Appointment as the steelwork contractor for the expansion of Liverpool Football Club's Main Stand and associated improvements, supporting Carillion Plc;

o  Work on the project, which will add c. 8,500 seats to the Main Stand and increase the overall capacity of Anfield Stadium to c. 54,000, and is scheduled for completion in Q3 2016

·     Five other contracts including:

o  3 commercial office developments in London;

o  A major distribution centre in the Midlands; and

o  A waste-to-energy plant in Dublin

Ian Lawson, CEO, Severfield, commented:

"We are delighted to announce these multiple contract wins. It continues the momentum we've established in recent months, and all of these new contracts are in sectors where we have a strong market share or are seeing positive future trends.

"We are thrilled to be working for Carillion on such a high profile project as Anfield, especially as stadia is a sector where we have a demonstrable track record."

For further information, please contact:

Severfield plc	Ian Lawson Chief Executive Officer	01845 577896
	Alan Dunsmore Finance Director	01845 577896
Jefferies International Limited	Simon Hardy	020 7029 8000
	Harry Nicholas	020 7029 8000
Bell Pottinger	Nick Lambert	020 3772 2558
	Emma Kent	020 3772 2571
	Will Bland	020 3772 2591

This information is provided by RNS

The company news service from the London Stock Exchange

END

CNTGMMMZNNVGDZM