24 Mar 2022 07:00
RNS
24 March 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 450,000 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: | 23 March 2022 |
Aggregate number of ordinary shares purchased: | 450,000
|
Lowest price paid per share (pence): | 27.3p |
Highest price paid per share (pence): | 27.3p |
Volume weighted average price paid per share (pence): | 27.3p |
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 and time | Number of Ordinary Shares purchased | Transaction price (pence per share) | Trading venue |
23 March 2022 11:37 a.m.
| 450,000 | 27.3 | LSE |
Following settlement of the above transaction, the Company's issued share capital will comprise 50,924,918 Ordinary Shares, including 1,250,000 Ordinary Shares held in treasury.
Therefore, the figure of 49,674,918 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, ChairmanSimon Dunn, Chief ExecutiveKim 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.