11 November 2024

Severfield plc

('the Company' or 'the Group')

Directorate Change

Appointment of Ian McAulay as Non-Executive Director

Severfield plc, the market leading structural steel group, is pleased to announce the appointment of Ian McAulay as a non-executive director and workforce engagement director with effect from 25 November 2024. Ian will also serve on the Company's remuneration, nomination and audit committees.

Ian brings over three decades of extensive experience in the water, environmental, and utility sectors, having held significant leadership roles in both publicly quoted FTSE 100/250 companies and privately held enterprises, both in the UK and internationally. His leadership roles have included serving as CEO of Southern Water and Viridor. 

He has also made significant contributions in a non-executive capacity as a member of Greater Manchester Authorities Low Carbon Hub Board and the Scottish Government's 2020 Climate Change Board.

His current roles are as non-executive chair of Isla Utilities Limited (a utilities innovation consultancy business) and Papilo Limited (a waste management company) and as a non-executive director at Scottish Water.

Charlie Cornish, Non-Executive Chair, commented:

"We are pleased to welcome Ian to the Board of Severfield, completing our recruitment round and bringing our Board up to full capacity. He brings a wealth of environmental knowledge and international experience in some key growth sectors for Severfield as well as strategic, financial and commercial acumen which will be highly beneficial to Severfield as we continue to grow and diversify."

The Company confirms there is no further information to be disclosed for the purposes of UKLR 6.4.8.

ENDS

Severfield                                    Alan Dunsmore                                     01845 577 896

Chief Executive Officer

Adam Semple                                       01845 577 896

Chief Financial Officer

Jefferies International                  Will Soutar                                            020 7029 8000

Panmure Liberum                        Nicholas How                                        020 3100 2000

Camarco                                      severfield@camarco.co.uk

Ginny Pulbrook                                     07961 315 138

Tom Huddart                                         07967 521 573

Notes to editors:

Severfield is the UK's market leader in the design, fabrication and construction of structural steel, with a total capacity of c.150,000 tonnes of steel per annum. The Group has seven sites, c.1,900 employees and expertise in large, complex projects across a broad range of sectors. The Group also has an established presence in the expanding Indian market through its joint venture partnership with JSW Steel (India's largest steel producer).