Transaction in Own Shares and Total Voting Rights
24/03/2022 07:00
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RNS Number : 8252F Rotala PLC 24 March 2022
RNS
24 March 2022
Rotala Plc
("Rotala", the "Company" or the "Group")
Transaction in Own Shares
and
Total Voting Rights
Further to its announcement of 23 March 2022, Rotala plc (AIM:ROL), an
operator of bus routes in the UK for businesses, local authorities and the
general public, announces that it purchased 450,000 ordinary shares of 25
pence each in the Company ("Ordinary Shares") via the Company's broker, Shore
Capital Stockbrokers Limited ("Shore Capital Stockbrokers"), as detailed
below. The repurchased Ordinary Shares will be held in treasury.
Date of purchase: 23 March 2022
Aggregate number of ordinary shares purchased: 450,000
Lowest price paid per share (pence): 27.3p
Highest price paid per share (pence): 27.3p
Volume weighted average price paid per share (pence): 27.3p
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market
Abuse Regulation), the table below contains detailed information of the
individual trades made by Shore Capital Stockbrokers as part of the Company's
share buyback programme.
Individual transactions:
Transaction date and time Number of Ordinary Shares purchased Transaction price (pence per share) Trading venue
23 March 2022 450,000 27.3 LSE
11:37 a.m.
Following settlement of the above transaction, the Company's issued share
capital will comprise 50,924,918 Ordinary Shares, including 1,250,000 Ordinary
Shares held in treasury.
Therefore, the figure of 49,674,918 Ordinary Shares should be used by
shareholders in the Company as the denominator for the calculations by which
they will determine if they are required to notify their interest in, or a
change in their interest in, the share capital of the Company under the FCA's
Disclosure Guidance and Transparency Rules.
This announcement contains inside information for the purposes of Article 7 of
EU Regulation 596/2014 (which forms part of domestic UK law pursuant to the
European Union (Withdrawal) Act 2018).
Rotala Plc 0121 322 2222
John Gunn, Chairman
Simon Dunn, Chief Executive
Kim Taylor, Group Finance Director
Shore Capital 020 7408 4090
Tom Griffiths / James Thomas / Michael McGloin (Corporate Advisory)
Henry Willcocks (Corporate Broking)
About the business
Rotala provides a range of transport solutions, ranging from local bus
services under contract to local authorities, through to commercial bus
routes. Rotala has operations at Heathrow Airport, in the West Midlands and in
the North West. Operating companies are Diamond Bus Ltd, Diamond Bus (North
West) Ltd, Hallmark Connections Ltd and Preston Bus Ltd.
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