Ashtead Technology Holdings plc PDMR Dealing (9541V)
07 December 2023 - 6:00PM
UK Regulatory
TIDMAT.
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 Tel: +44 (0)20 7260 1000
as Deutsche Numis) (Nomad and
Broker)
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/ Initial notification
Amendment
---------------------------------------- -----------------------------------
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 Ordinary shares of GBP0.05 each
the Financial
Instrument
---------------------------------------- -----------------------------------
(b) Identification GB00BLH42507
code of the Financial
Instrument
---------------------------------------- -----------------------------------
(c) Nature of the Sale of shares
transaction
---------------------------------------- -----------------------------------
(d) Price(s) and Price(s) Volume(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 London Stock Exchange
transaction
---------------------------------------- -----------------------------------
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/ Initial notification
Amendment
---------------------------------------- -----------------------------------
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 Ordinary shares of GBP0.05 each
the Financial
Instrument
---------------------------------------- -----------------------------------
(b) Identification GB00BLH42507
code of the Financial
Instrument
---------------------------------------- -----------------------------------
(c) Nature of the Sale of shares
transaction
---------------------------------------- -----------------------------------
(d) Price(s) and Price(s) Volume(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 London Stock Exchange
transaction
---------------------------------------- -----------------------------------
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END
DSHTFBBTMTBMTRJ
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