REG - Ashtead Tech Hldgs - Issue of shares to EBT and Total Voting Rights

Ashtead Technology HoldingsAnnouncement

25/03/2025 07:15

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RNS Number : 9655B  Ashtead Technology Holdings plc  25 March 2025

25 March 2025

Ashtead Technology Holdings plc

("Ashtead Technology", the "Group" or the "Company")

 

Issue of shares to EBT and Total Voting Rights

 

Ashtead Technology Holdings plc (AIM: AT.), a leading provider of subsea
technology solutions to the global offshore energy sector, announces that it
has allotted and issued 310,358 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 310,358 Ordinary Shares, representing 0.4
per cent. of the 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 26 March 2025.

 

Following Admission of the New Shares the Company will have 80,624,196
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 80,624,196 (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.

 

 

For further information, please contact:

 

 Ashtead Technology                                   (Via Vigo Consulting)

 Allan Pirie, Chief Executive Officer

 Ingrid Stewart, Chief Financial Officer

 Colin Ross, Chief Strategy & Marketing Officer

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

 Julian Cater

 George Price

 Kevin Cruickshank (QE)

 Peel Hunt (Joint Broker)                             Tel: +44 (0)20 7418 8900

 Edward Allsopp

 Charlotte Sutcliffe

 Tom Graham

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

 Patrick d'Ancona                                     ashteadtechnology@vigoconsulting.com

 Finlay Thomson

 Verity Snow

Notes to editors:

 

Ashtead Technology is a leading subsea technology solutions provider to the
global offshore energy sector. Ashtead Technology's specialist equipment,
advanced-technologies and support services enable its customers to understand
the subsea environment and manage offshore energy production infrastructure.

 

Ashtead Technology's offering is applicable across the lifecycle of offshore
wind farms and offshore oil and gas infrastructure with over 85% of its
equipment fungible across both markets.

 

Headquartered in the UK, Ashtead Technology operates globally, servicing
customers from its facilities located in key offshore energy hubs.

 

To learn more, please visit www.ashtead-technology.com
(http://www.ashtead-technology.com)

 

The person responsible for arranging the release of this announcement on
behalf of Ashtead Technology is Ingrid Stewart, CFO / Director.

 

 

 

 

 

 

 

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