TIDMSDY

RNS Number : 3647S

Speedy Hire PLC

09 March 2023

Speedy Hire Plc

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

9 March 2023

Transaction in Own Shares and Completion of Share Buyback Programme

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 ("Ordinary Shares") through Liberum Capital Limited ("Liberum").

 
 Date of purchase:                          8 March 2023 
 Aggregate number of ordinary shares of 
  5 pence each purchased:                   495,457 
 Lowest price paid per share (GBp):         36.45 
 Highest price paid per share (GBp):        37.40 
 Volume weighted average price paid per 
  share (GBp):                              36.71 
 

The purchase of Ordinary Shares referred to above concludes the Share Buyback Programme to purchase an aggregate value of up to GBP30,000,000 of the Company's Ordinary Shares in accordance with its terms. In total under the Share Buyback Programme, Speedy repurchased 67,713,058 Ordinary Shares in the Company, of which 55,146,281 are held in treasury and 12,566,777 have been cancelled. The total number of Ordinary Shares repurchased represents 12.8% of the Company's issued share capital on the day prior to the commencement of the Share Buyback Programme.

Following the settlement of the above transactions, the Company's total issued share capital will consist of 516,983,637 Ordinary Shares, of which 55,146,281 will be held in treasury. Therefore, the total voting rights in the Company will be 461,837,356. 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 Liberum as part of the Share Buyback Programme .

Aggregate information:

 
  Venue    Volume-weighted average    Aggregated volume 
            price (pence per share) 
  XLON              36.71                  486,432 
          -------------------------  ------------------ 
  CHIX              36.65                   1,652 
          -------------------------  ------------------ 
  BATE              36.80                   4,979 
          -------------------------  ------------------ 
  TRQX              36.55                   2,394 
          -------------------------  ------------------ 
  AQXE                -                       - 
          -------------------------  ------------------ 
 

Individual transactions:

 
Number of shares purchased  Transaction price   Time of transaction  Venue 
                             (pence per share) 
          3,142                   37.40              08:01:41        XLON 
                            ------------------  -------------------  ----- 
          3,083                   37.20              08:09:35        XLON 
                            ------------------  -------------------  ----- 
          7,877                   37.20              08:09:35        XLON 
                            ------------------  -------------------  ----- 
          2,882                   36.95              08:11:37        XLON 
                            ------------------  -------------------  ----- 
          2,823                   36.80              08:16:01        XLON 
                            ------------------  -------------------  ----- 
          4,770                   36.70              12:39:16        XLON 
                            ------------------  -------------------  ----- 
           443                    36.70              12:39:16        XLON 
                            ------------------  -------------------  ----- 
            18                    36.70              12:39:16        XLON 
                            ------------------  -------------------  ----- 
          3,098                   36.70              12:46:58        XLON 
                            ------------------  -------------------  ----- 
         100,000                  36.70              12:47:13        XLON 
                            ------------------  -------------------  ----- 
         100,000                  36.70              12:47:24        XLON 
                            ------------------  -------------------  ----- 
          2,827                   36.65              12:47:30        XLON 
                            ------------------  -------------------  ----- 
           123                    36.65              12:47:30        XLON 
                            ------------------  -------------------  ----- 
          2,462                   36.90              14:39:21        XLON 
                            ------------------  -------------------  ----- 
          3,654                   36.80              14:39:21        BATE 
                            ------------------  -------------------  ----- 
          1,325                   36.80              14:39:21        BATE 
                            ------------------  -------------------  ----- 
          1,652                   36.65              14:39:21        CHIX 
                            ------------------  -------------------  ----- 
           720                    36.60              14:39:21        XLON 
                            ------------------  -------------------  ----- 
           148                    36.55              14:39:21        XLON 
                            ------------------  -------------------  ----- 
         100,000                  36.65              14:39:34        XLON 
                            ------------------  -------------------  ----- 
         100,000                  36.65              14:39:45        XLON 
                            ------------------  -------------------  ----- 
            84                    36.45              15:28:32        XLON 
                            ------------------  -------------------  ----- 
           565                    36.45              15:32:22        XLON 
                            ------------------  -------------------  ----- 
          7,184                   36.90              15:37:49        XLON 
                            ------------------  -------------------  ----- 
           237                    36.90              15:37:49        XLON 
                            ------------------  -------------------  ----- 
          6,432                   36.90              15:37:49        XLON 
                            ------------------  -------------------  ----- 
          3,485                   36.85              15:37:49        XLON 
                            ------------------  -------------------  ----- 
          3,271                   36.85              15:37:49        XLON 
                            ------------------  -------------------  ----- 
           237                    36.85              15:37:49        XLON 
                            ------------------  -------------------  ----- 
           371                    36.60              15:37:49        XLON 
                            ------------------  -------------------  ----- 
          2,394                   36.55              15:37:54        TRQX 
                            ------------------  -------------------  ----- 
          1,288                   36.75              15:38:49        XLON 
                            ------------------  -------------------  ----- 
          1,532                   36.75              15:38:49        XLON 
                            ------------------  -------------------  ----- 
          1,066                   36.75              15:38:52        XLON 
                            ------------------  -------------------  ----- 
          3,276                   36.75              15:39:00        XLON 
                            ------------------  -------------------  ----- 
          1,233                   36.75              15:45:08        XLON 
                            ------------------  -------------------  ----- 
          1,755                   36.75              15:45:08        XLON 
                            ------------------  -------------------  ----- 
          10,000                  36.80              16:11:53        XLON 
                            ------------------  -------------------  ----- 
          10,000                  36.80              16:12:02        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

POSJPMMTMTMMTFJ

(END) Dow Jones Newswires

March 09, 2023 02:00 ET (07:00 GMT)

Speedy Hire (AQSE:SDY.GB)
Gráfico Histórico do Ativo
De Nov 2024 até Dez 2024 Click aqui para mais gráficos Speedy Hire.
Speedy Hire (AQSE:SDY.GB)
Gráfico Histórico do Ativo
De Dez 2023 até Dez 2024 Click aqui para mais gráficos Speedy Hire.