REG - RTC Group PLC - Transaction in own Shares

RTCAnnouncement

08/10/2024 15:00

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RNS Number : 4062H  RTC Group PLC  08 October 2024

This announcement contains inside information as stipulated under the UK
Market Abuse Regulation.

 

8 October 2024

RTC Group Plc

("RTC", "the Company" or "the Group")

 

Transaction in own Shares

 

The Company announces that pursuant to the general authority granted by
shareholders of the Company on 5 June 2024 to make market acquisitions of its
own shares, it has repurchased 1,012,380 ordinary shares of 1p each in the
capital of the Company ("Ordinary Shares"). The Ordinary Shares were acquired
through SI Capital Limited on the AIM market at an average price of 87.75
pence. This represents approximately 6.92 per cent of the Company's current
issued Shares. The Company intends to cancel the purchased shares and does not
intend to hold any of the purchased shares in treasury.

 

Total Voting Rights

Following the Share repurchase, the total issued share capital of the Company
will consist of 13,607,897 ordinary shares.  As each ordinary share carries
the right to one vote, the total number of voting rights in the Company will
be 13,607,897.  This number 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 and Transparency Rules.

 

~ Ends ~

 

Enquiries:

   RTC Group plc                                                              Tel: 0133 286 1835

   Andy Pendlebury, Executive Chairman and Chief Executive

   www.rtcgroupplc.co.uk (http://www.rtcgroupplc.co.uk/)
   SPARK Advisory Partners Limited (Nominated Adviser)                       Tel:  0203 368 3550

   Matt Davis / James Keeshan

   www.Sparkadvisorypartners.com (http://www.sparkadvisorypartners.com/)

   SI Capital Limited (Broker)                                                Tel: 01483 413500

   Nick Emerson

   Sam Lomanto

   www.sicapital.co.uk

About RTC

RTC Group Plc is an AIM listed recruitment business that focuses on white and
blue-collar recruitment, providing temporary and permanent labour to a broad
range of industries and customers in both domestic and international markets
through its geographically defined operating divisions.

UK division

Through its Ganymede and ATA Recruitment brands the Group provides a wide
range of recruitment services in the UK.

Ganymede specialise in recruiting the best technical and engineering talent
and providing complete workforce solutions to help build and maintain
infrastructure and transportation for a wide range of UK and international
clients. Ganymede is a market leader in providing a diverse range of people
solutions to the rail, energy, construction, highways and transportation
sectors. With offices strategically located across the country, Ganymede
provides its clients with the benefit of a national network of skilled
personnel combined with local expertise.

ATA Recruitment provide high-quality technical recruitment solutions to the
manufacturing, engineering and technology sectors. Working as an engineering
recruitment partner supporting businesses across the UK and Europe, ATA
Recruitment has a strong track record of attracting and recruiting the best
engineering talent for our clients. ATA's regional offices which are
strategically located in Leicester and Leeds each have dedicated
market-experts to ensure ATA delivers excellence to both our clients and
candidates.

International division

Through its GSS brand the Group works with customers across the globe that are
focused on delivering projects in a variety of engineering sectors. GSS has a
track record of delivery in some of the world's most hostile locations.
Working closely with its customers GSS provides contract and permanent
staffing solutions on an international basis, providing key personnel into new
projects and supporting ongoing large-scale project staffing needs. GSS
typically recruit across a range of disciplines and skills from operators and
supervisors, through to senior management level.

The Group headquarters are located at the Derby Conference Centre which also
provides office accommodation for its operating divisions in addition to
generating rental and conferencing income from space not utilised by the
Group.

 

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