TIDMSDY

RNS Number : 9362Z

Speedy Hire PLC

20 September 2022

Speedy Hire Plc

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

20 September 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 Panmure Gordon (UK) Limited ("Panmure Gordon").

 
 Date of purchase:                          16 September 
                                                    2022 
 Aggregate number of ordinary shares of 
  5 pence each purchased:                        154,010 
 Lowest price paid per share (GBp):                38.70 
 Highest price paid per share (GBp):               39.80 
 Volume weighted average price paid per 
  share (GBp):                                     39.57 
 

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 24,421,335 will be held in treasury. Therefore, the total voting rights in the Company will be 492,562,302. 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             39.55                  145,199 
         -------------------------  ------------------ 
  CHIX               -                       - 
         -------------------------  ------------------ 
  BATE             39.70                     1 
         -------------------------  ------------------ 
  TRQX               -                       - 
         -------------------------  ------------------ 
  AQXE             39.80                   8,810 
         -------------------------  ------------------ 
 

Individual transactions:

 
Number of shares purchased  Transaction price   Time of transaction  Venue 
                             (pence per share) 
          11,356                  39.35              08:23:53        XLON 
                            ------------------  -------------------  ----- 
          1,490                   39.35              08:23:53        XLON 
                            ------------------  -------------------  ----- 
          1,259                   39.25              08:23:56        XLON 
                            ------------------  -------------------  ----- 
           271                    38.70              08:53:22        XLON 
                            ------------------  -------------------  ----- 
            1                     38.70              09:34:43        AQXE 
                            ------------------  -------------------  ----- 
          20,772                  39.35              11:44:37        XLON 
                            ------------------  -------------------  ----- 
          3,551                   39.35              11:49:30        XLON 
                            ------------------  -------------------  ----- 
          2,224                   39.40              12:58:56        XLON 
                            ------------------  -------------------  ----- 
          2,228                   39.40              13:29:00        XLON 
                            ------------------  -------------------  ----- 
          2,228                   39.45              14:22:30        XLON 
                            ------------------  -------------------  ----- 
          14,864                  39.45              14:26:20        XLON 
                            ------------------  -------------------  ----- 
          2,109                   39.45              14:26:20        XLON 
                            ------------------  -------------------  ----- 
          1,948                   39.45              14:26:20        XLON 
                            ------------------  -------------------  ----- 
          5,663                   39.45              14:26:20        XLON 
                            ------------------  -------------------  ----- 
          12,137                  39.45              14:26:20        XLON 
                            ------------------  -------------------  ----- 
           394                    39.45              14:26:20        XLON 
                            ------------------  -------------------  ----- 
          3,390                   39.45              14:51:44        XLON 
                            ------------------  -------------------  ----- 
          3,712                   39.45              15:06:11        XLON 
                            ------------------  -------------------  ----- 
          26,812                  39.80              15:24:13        XLON 
                            ------------------  -------------------  ----- 
          20,820                  39.80              15:24:13        XLON 
                            ------------------  -------------------  ----- 
          5,992                   39.80              15:24:13        XLON 
                            ------------------  -------------------  ----- 
          7,000                   39.80              15:24:15        AQXE 
                            ------------------  -------------------  ----- 
          1,809                   39.80              15:24:17        AQXE 
                            ------------------  -------------------  ----- 
          1,979                   39.75              15:24:17        XLON 
                            ------------------  -------------------  ----- 
            1                     39.70              16:25:25        BATE 
                            ------------------  -------------------  ----- 
 

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END

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