Speedy Hire PLC Transaction in Own Shares (5964Q)

TIDMSDY

RNS Number : 5964Q

Speedy Hire PLC

22 February 2023

Speedy Hire Plc

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

22 February 2023

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")

.

 
 SPEEDY HIRE ORD 5P 
 Date of purchase:                                       21 February 2023 
 Aggregate number of ordinary shares of 5 pence 
  each purchased:                                        422,242 
 Lowest price paid per 
  share (GBp):                                           38.85 
 Highest price paid per 
  share (GBp):                                           39.15 
 Volume weighted average price paid per share (GBp):     38.87 
 

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 50,279,739 will be held in treasury. Therefore, the total voting rights in the Company will be 466,703,898. 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    Aggregated volume 
           price (pence per share) 
  XLON             38.87                  422,242 
         -------------------------  ------------------ 
  CHIX              0.00                     0 
         -------------------------  ------------------ 
  BATE              0.00                     0 
         -------------------------  ------------------ 
  TRQX              0.00                     0 
         -------------------------  ------------------ 
  AQXE              0.00                     0 
         -------------------------  ------------------ 
 

Individual transactions:

 
 Number of shares   Transaction price    Time of transaction   Venue 
     purchased       (pence per share) 
      42,355              38.88               08:33:45         XLON 
                   -------------------  --------------------  ------ 
      26,405              39.15               09:27:21         XLON 
                   -------------------  --------------------  ------ 
     353,482              38.85               10:48:13         XLON 
                   -------------------  --------------------  ------ 
 

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February 22, 2023 02:03 ET (07:03 GMT)