TIDMROL

RNS Number : 5008I

Rotala PLC

19 April 2022

RNS

19 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 33,853 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:                        14 April 2022 
 Aggregate number of ordinary shares 
  purchased:                              33,853 
 Lowest price paid per share (pence):     31.5875p 
 Highest price paid per share (pence):    31.5875p 
 Volume weighted average price paid 
  per share (pence):                      31.5875p

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) 
14 April 2022       33,853               31.5875p             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 1,721,316 Ordinary Shares held in treasury.

Therefore, the figure of 49,203,602 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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(END) Dow Jones Newswires

April 19, 2022 02:01 ET (06:01 GMT)

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