TIDMSDY

RNS Number : 1392X

Speedy Hire PLC

25 August 2022

Speedy Hire Plc

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

25 August 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 (the "Share Buyback Programme"), the Company purchased the following number of its ordinary shares of 5 pence each through Panmure Gordon (UK) Limited ("Panmure Gordon").

 
 Date of purchase:                          24 August 
                                                 2022 
 Aggregate number of ordinary shares of 
  5 pence each purchased:                      20,662 
 Lowest price paid per share (GBp):             42.00 
 Highest price paid per share (GBp):            42.85 
 Volume weighted average price paid per 
  share (GBp):                                  42.60

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 22,811,659 will be held in treasury. Therefore, the total voting rights in the Company will be 494,171,978. 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 Panmure Gordon as part of the Share Buyback Programme.

Aggregate information:

 
 Venue    Volume-weighted average    Aggregated volume 
           price (pence per share) 
  XLON             42.63                  14,774 
         -------------------------  ------------------ 
  CHIX               -                       - 
         -------------------------  ------------------ 
  BATE             42.54                   5,888 
         -------------------------  ------------------ 
  TRQX               -                       - 
         -------------------------  ------------------ 
  AQXE               -                       - 
         -------------------------  ------------------

Individual transactions:

 
Number of shares purchased  Transaction price   Time of transaction  Venue 
                             (pence per share) 
          2,756                   42.35              08:25:01        XLON 
                            ------------------  -------------------  ----- 
            37                    42.30              08:25:04        XLON 
                            ------------------  -------------------  ----- 
           896                    42.30              08:26:40        XLON 
                            ------------------  -------------------  ----- 
           414                    42.10              08:38:08        XLON 
                            ------------------  -------------------  ----- 
          1,133                   42.10              08:38:08        XLON 
                            ------------------  -------------------  ----- 
          1,538                   42.00              08:38:08        BATE 
                            ------------------  -------------------  ----- 
           363                    42.00              08:38:08        BATE 
                            ------------------  -------------------  ----- 
          2,121                   42.80              14:12:47        XLON 
                            ------------------  -------------------  ----- 
           974                    42.80              14:38:30        BATE 
                            ------------------  -------------------  ----- 
          3,013                   42.80              15:17:14        BATE 
                            ------------------  -------------------  ----- 
          2,117                   42.80              16:06:15        XLON 
                            ------------------  -------------------  ----- 
          5,300                   42.85              16:29:35        XLON 
                            ------------------  -------------------  -----

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

POSPIMRTMTBTBMT

(END) Dow Jones Newswires

August 25, 2022 02:03 ET (06:03 GMT)

Speedy Hire (LSE:SDY)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Speedy Hire Charts.
Speedy Hire (LSE:SDY)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Speedy Hire Charts.