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SPEEDY HIRE PLC

Transaction in Own Shares Aug 16, 2022

4720_rns_2022-08-16_d60302b5-04c6-432f-ae2f-1a5a800fb836.html

Transaction in Own Shares

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National Storage Mechanism | Additional information

RNS Number : 0950W

Speedy Hire PLC

16 August 2022

Speedy Hire Plc

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

16 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 Liberum Capital Limited ("Liberum").

Date of purchase: 15 August 2022
Aggregate number of ordinary shares of 5 pence each purchased: 130,151
Lowest price paid per share (GBp): 47.05
Highest price paid per share (GBp): 48.10
Volume weighted average price paid per share (GBp): 47.44

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 22,245,239 will be held in treasury. Therefore, the total voting rights in the Company will be 494,738,398. 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 price (pence per share) Aggregated volume
XLON 47.43 126,688
CHIX 47.41 901
BATE 48.10 2,562
TRQX - -
AQXE - -

Individual transactions:

Number of shares purchased Transaction price

(pence per share)
Time of transaction Venue
100,000 47.50 13:41:36 XLON
9,070 47.20 16:26:16 XLON
3,565 47.20 13:59:32 XLON
3,311 47.05 16:01:19 XLON
2,521 48.10 13:29:53 BATE
2,510 47.20 15:24:59 XLON
2,500 47.05 15:57:04 XLON
2,400 47.20 15:13:04 XLON
2,143 47.20 13:56:06 XLON
1,003 47.05 15:52:20 XLON
458 47.60 13:31:33 CHIX
393 47.20 15:32:39 CHIX
186 47.05 15:52:20 XLON
41 48.10 13:29:53 BATE
30 47.20 15:32:39 CHIX
20 47.50 12:22:47 CHIX

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 [email protected] 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.

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