Cancellation of Treasury Shares

Summary by AI ^BETAClose X

Ashtead Group PLC has cancelled all 37,390,748 of its treasury shares, reducing its outstanding issued share capital to 413,964,085 ordinary shares of 10p each. This action is in preparation for the company's proposed scheme of arrangement, which will become effective on 27 February 2026, and the subsequent listing of its new parent company, Sunbelt Rentals Holdings Inc, on the New Stock Exchange on 2 March 2026.

Disclaimer*

Ashtead Group PLC

26 February 2026

Cancellation of Treasury Shares

In connection with the Company's proposed scheme of arrangement, which will take effect at 10pm on 27 February 2026, and the listing of the Group's new parent company, Sunbelt Rentals Holdings Inc on the New Stock Exchange on 2 March 2026, the Company has today cancelled all of its existing treasury shares, comprising 37,390,748 ordinary shares of 10p each, leaving an outstanding issued share capital of 413,964,085 ordinary shares of 10p each.

Enquiries:

Ashtead Group Will Shaw / Kevin Powers +44 (0) 20 7726 9700

H/Advisors Maitland Sam Cartwright +44 (0) 20 7379 5151