REG - Ashtead Tech Hldgs - Issue of Shares and Total Voting Rights

Ashtead Technology HoldingsAnnouncement

13/03/2023 07:00

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RNS Number : 6428S  Ashtead Technology Holdings plc  13 March 2023

13 March 2023

Ashtead Technology Holdings plc

("Ashtead Technology" or the "Group")

 

Issue of Shares and Total Voting Rights

 

Ashtead Technology (AIM: AT.), the international subsea equipment rental and
solutions specialist, announces that it has allotted and issued 365,919
ordinary shares of 5 pence each in the capital of the Group (the "New Shares")
to the Ashtead Technology Holdings plc Employee Benefit Trust ("EBT"), in
order to satisfy future exercises of awards granted to participants under the
rules of the Group's Long Term Incentive Plan ("LTIP").

 

The EBT now holds an aggregate of 365,919 Ordinary Shares, representing 0.5
per cent. of issued share capital of the Company.

 

In relation to above, applications have been made to the London Stock Exchange
for admission to trading of the New Shares on AIM (the "Admission"). Admission
is expected to take place at 8.00 a.m. on 15 March 2023.

 

Following Admission of the New Shares the Company will have 79,947,919
Ordinary Shares of 5 pence each in issue. There are no shares held in
treasury. Therefore, following Admission of the New Shares the total number of
voting rights in the Company will be 79,947,919 (the "Voting Rights Figure"),
and this Voting Rights Figure may be used by Shareholders as the denominator
for the calculations by which they will determine if they are required to
notify their voting rights interest, or a change to that interest, in the
Company under the FCA's Disclosure Guidance and Transparency Rules.

 

-Ends-

 

For further information, please contact:

 

 Ashtead Technology                                         (Via Vigo Consulting)

 Allan Pirie, Chief Executive Officer

 Ingrid Stewart, Chief Financial Officer

 Ashtead Technology Media Contact:                          +44 (0)7436 03496  caroline.merson@ashtead-technology.com

 Caroline Merson, Marketing & Communications Director

 Vigo Consulting (financial PR)                             Tel: +44 (0)20 7390 0230

 Patrick d'Ancona                                            ashteadtechnology@vigoconsulting.com

 Finlay Thomson

 Kate Kilgallen

 Numis Securities Limited (Nomad and Broker)                Tel: +44 (0)20 7260 1000

 Julian Cater

 George Price

 Kevin Cruickshank (QE)

About Ashtead Technology:

 

Ashtead Technology is a leading provider of equipment rental solutions,
advanced underwater technologies and support services to the global offshore
energy sector.

 

Through three service lines - Survey & Robotics, Mechanical Solutions and
Asset Integrity - Ashtead Technology supports the installation, IMR
(inspection, maintenance & repair), and decommissioning of offshore energy
infrastructure from its service centres located in key offshore energy hubs
throughout the world.

 

 

 

 

 

 

 

 

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