Speedy Hire PLC Transaction in Own Shares (3647S)
March 09 2023 - 2:00AM
UK Regulatory
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
------------------ ------------------- -----
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