TIDMAT.

RNS Number : 7742W

Ashtead Technology Holdings plc

24 December 2021

Ashtead Technology Holdings plc

("the Company")

Confirmation of accounting reference date

Ashtead Technology Holdings plc (AIM: AT.), a leading subsea equipment rental and solutions provider for the global offshore energy sector, confirms that following its incorporation as the holding company of the group for the purposes of its listing on AIM, the Company's accounting reference date and financial year end has been amended to 31 December to align with the accounting reference date for the rest of the Company's group.

The Company expects to provide a pre-close trading update in mid-January 2022.

For further information, please contact:

 
 Ashtead Technology                                     Via Engine MHP 
 Allan Pirie, Chief Executive Officer 
 Ingrid Stewart, Chief Financial Officer 
 
 Engine MHP (Financial PR)                         Tel: +44 (0)20 3128 
                                                                  8540 
 Peter Hewer                                AshteadTechnology@mhpc.com 
 Charlie Barker 
 Robert Collett-Creedy 
 
 Numis Securities Limited (Nomad and Sole          Tel: +44 (0)20 7260 
  Bookrunner)                                                     1000 
 Julian Cater 
 George Price 
 Jonny Abbott 
  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.

The Company's service offering is applicable across the lifecycle of offshore wind farms and offshore oil and gas infrastructure. Headquartered in the UK, the Company operates globally, servicing customers from its nine international customer service hubs.

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"). In the more mature oil and gas sector, Ashtead Technology's focus is on IMR and decommissioning.

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END

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