Transaction in Own Shares and Total Voting Rights
4 July 2022
("Crestchic " or the "Company")
Transaction in Own Shares
Total Voting Rights
Crestchic plc, the industrial services and rental company, announces that on 1 July 2022 it purchased a total of 195,000 ordinary shares of 10p each in the Company ("Ordinary Shares") at a price of 190 pence per share. The repurchased Ordinary Shares will be held in treasury.
This purchase is in accordance with the authority gained at the Company's 2022 Annual General Meeting and is in line with the Board's stated intention to satisfy future issuances of Ordinary Shares pursuant to the Company's long term incentive plan from Ordinary Shares acquired in the market and held in treasury.
Total voting rights
Following settlement of the above transaction, the Company's issued share capital will comprise 29,529,910 Ordinary Shares, including 1,460,150 Ordinary Shares held in treasury.
Therefore, the figure of 28,069,760 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.
For further information
Crestchic Plc 01283 531645
Peter Harris, Executive Chairman
Iwan Phillips, Finance Director
Shore Capital (Nominated Adviser and Broker) 020 7408 4050
Robert Finlay / David Coaten / Henry Willcocks
Buchanan Communications 020 7466 5000
Charles Ryland / Stephanie Whitmore
Crestchic plc hires and sells specialist industrial equipment. With offices or agents in the UK, USA, The Middle East, Belgium, Germany, France, Singapore, China and South Korea, Crestchic has a global customer base. This includes utility companies, renewables, the oil and gas sector, data centres, shipping, banking, mining, construction and the public sector. The product range includes loadbanks, transformers, and drilling tools. Crestchic was admitted to AIM in 2006 since when it has grown by providing a high level of service, responsiveness and flexibility to customers.