Rotala PLC Transaction in Own Shares and Total Voting Rights (3450I)
14 April 2022 - 04:10PM
UK Regulatory
TIDMROL
RNS Number : 3450I
Rotala PLC
14 April 2022
RNS
14 April 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 23,375 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: 13 April 2022
Aggregate number of ordinary shares
purchased: 23,375
Lowest price paid per share (pence): 31.325p
Highest price paid per share (pence): 31.325p
Volume weighted average price paid
per share (pence): 31.325p
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 Number of Ordinary Transaction price Trading venue
and time Shares purchased (pence per share)
13 April 2022 23,375 31.325p LSE
4:36 p.m.
Following settlement of the above transaction, the Company's
issued share capital will comprise 50,924,918 Ordinary Shares,
including 1,687,463 Ordinary Shares held in treasury.
Therefore, the figure of 49,237,455 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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END
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