REG - Ashtead Tech Hldgs - PDMR Dealing

Ashtead Technology HoldingsAnnouncement

07/12/2023 07:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231207:nRSG9541Va&default-theme=true

RNS Number : 9541V  Ashtead Technology Holdings plc  07 December 2023

7 December 2023

Ashtead Technology Holdings plc

 

PDMR Dealing

 

Ashtead Technology Holdings plc (AIM: AT.) (the "Company"), a leading subsea
equipment rental and solutions provider for the global offshore energy sector
announces that on 6 December 2023, Allan Pirie and Ingrid Stewart, Chief
Executive Officer and Chief Financial Officer of the Company sold 400,000 and
30,000 shares, respectively, for estate planning purposes.

 

Following the transaction, Allan Pirie continues to hold 1,341,600 ordinary
shares and Ingrid Stewart 235,786 ordinary shares, representing 1.7% and 0.3%
respectively, of the issued share capital of the Company.

 

-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

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

 Julian Cater

 George Price

 Kevin Cruickshank (QE)

Notes to editors:

 

Ashtead Technology is a leading subsea equipment rental and solutions provider
for 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 with over 85% of its equipment fungible across both markets.

 

The Company's service offering is applicable across the lifecycle of offshore
wind farms and offshore oil and gas infrastructure.

 

In the fast-growing offshore wind sector, Ashtead Technology's specialist
equipment and services are essential through the project development,
construction and installation phase. Once wind farms are operational, Ashtead
Technology supports customers with inspection, maintenance and repair ("IMR")
equipment and services.  In the more mature oil and gas sector, Ashtead
Technology's focus is predominantly on IMR and decommissioning.

 

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

 

 

 

 

OTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING
MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

 1.   Details of the person discharging managerial responsibilities/person closely
      associated
 (a)  Name                                              Allan Pirie
 2.   Reason for the notification
 (a)  Position/status                                   Chief Executive Officer
 (b)  Initial notification/ Amendment                   Initial notification
 3.   Details of the issuer
 (a)  Name                                              Ashtead Technology Holdings plc
 (b)  LEI                                               213800LHEWVY66RPGR58
 4.   Details of the transaction(s): section to be repeated for (i) each type of
      instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted
 (a)  Description of the Financial Instrument           Ordinary shares of £0.05 each
 (b)  Identification code of the Financial Instrument   GB00BLH42507
 (c)  Nature of the transaction                         Sale of shares
 (d)  Price(s) and volume(s)                            Price(s)                    Volume(s)
                                                        596 pence                   400,000

 (e)  Aggregated information                            N/A

      -               Aggregated volume

      -               Price
 (f)  Date of the transaction                           6 December 2023
 (g)  Place of the transaction                          London Stock Exchange

 

 1.   Details of the person discharging managerial responsibilities/person closely
      associated
 (a)  Name                                              Ingrid Stewart
 2.   Reason for the notification
 (a)  Position/status                                   Chief Financial Officer
 (b)  Initial notification/ Amendment                   Initial notification
 3.   Details of the issuer
 (a)  Name                                              Ashtead Technology Holdings plc
 (b)  LEI                                               213800LHEWVY66RPGR58
 4.   Details of the transaction(s): section to be repeated for (i) each type of
      instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted
 (a)  Description of the Financial Instrument           Ordinary shares of £0.05 each
 (b)  Identification code of the Financial Instrument   GB00BLH42507
 (c)  Nature of the transaction                         Sale of shares
 (d)  Price(s) and volume(s)                            Price(s)                    Volume(s)
                                                        596 pence                   30,000

 (e)  Aggregated information                            N/A

      -               Aggregated volume

      -               Price
 (f)  Date of the transaction                           6 December 2023
 (g)  Place of the transaction                          London Stock Exchange

 

 

 

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHTFBBTMTBMTRJ