RNS Number : 0318T

Speedy Hire PLC

20 July 2022

Speedy Hire Plc

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

20 July 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:                          19 July 2022 
 Aggregate number of ordinary shares of 
  5 pence each purchased:                        350,000 
 Lowest price paid per share (GBp):                43.60 
 Highest price paid per share (GBp):               44.10 
 Volume weighted average price paid per 
  share (GBp):                                     43.90 

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 516,911,690 ordinary shares, of which 19,374,571 will be held in treasury. Therefore, the total voting rights in the Company will be 497,537,119. 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 
  XLON             43.90                 350,000 
         ------------------------  ------------------ 
  CHIX               -                      - 
         ------------------------  ------------------ 
  BATE               -                      - 
         ------------------------  ------------------ 
  TRQX               -                      - 
         ------------------------  ------------------ 
  AQXE               -                      - 
         ------------------------  ------------------ 

Individual transactions:

Number of shares purchased  Transaction price   Time of transaction  Venue 
                             (pence per share) 
         100,000                  44.10              09:33:26        XLON 
                            ------------------  -------------------  ----- 
         100,000                  44.00              11:06:03        XLON 
                            ------------------  -------------------  ----- 
         100,000                  43.75              12:36:32        XLON 
                            ------------------  -------------------  ----- 
          50,000                  43.60              14:27:40        XLON 
                            ------------------  -------------------  ----- 

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(END) Dow Jones Newswires

July 20, 2022 02:03 ET (06:03 GMT)

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