Speedy Hire PLC Transaction in Own Shares (6604I)

TIDMSDY

RNS Number : 6604I

Speedy Hire PLC

06 December 2022

Speedy Hire Plc

("Speedy", "the Company" or "the Group")

06 December 2022

Transaction in Own Shares

Speedy, the UK's leading provider of tools and equipment hire, and services to the construction, infrastructure and industrial markets, announces that, in accordance with the terms of its share buyback programme announced on 27 January 2022 as updated on 9 September 2022 (the "Share Buyback Programme"), the Company purchased the following number of its ordinary shares of 5 pence each through Peel Hunt LLP ("Peel Hunt").

 
Date of purchase:                                                 05 December 2022 
Aggregate number of ordinary shares of 5 pence each purchased:    660,808 
Lowest price paid per share (GBp):                                40.70 
Highest price paid per share (GBp):                               40.75 
Volume weighted average price paid per share (GBp):               40.73 
 

The repurchased shares will be held in treasury. Following the settlement of the above transactions, the Company's total issued share capital will consist of 516,983,637 ordinary shares, of which 36,136,697 will be held in treasury. Therefore, the total voting rights in the Company will be 480,846,940. This figure for the total number of voting rights may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

In accordance with Article 5(1)(b) of the UK version of Regulation (EU) No. 596/2014 which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, the table below contains detailed information of the individual trades made by Peel Hunt as part of the Share Buyback Programme.

Aggregate information:

 
Venue   Volume-weighted average price  Aggregated volume 
              (pence per share) 
 XLON               40.73                   660,808 
        -----------------------------  ----------------- 
 CHIX               0.00                       0 
        -----------------------------  ----------------- 
 BATE               0.00                       0 
        -----------------------------  ----------------- 
 TRQX               0.00                       0 
        -----------------------------  ----------------- 
 AQXE               0.00                       0 
        -----------------------------  ----------------- 
 

Individual transactions:

 
Number of shares  Transaction price (pence  Time of transaction  Venue 
    purchased            per share) 
    308,209                40.70                 09:05:06        XLON 
                  ------------------------  -------------------  ----- 
    352,599                40.75                 11:11:23        XLON 
                  ------------------------  -------------------  ----- 
 

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December 06, 2022 02:03 ET (07:03 GMT)