Transaction in own shares

Ashtead Group plc (the "Company") announces that on 7th January 2025 it purchased for Treasury the following number of its ordinary shares of 10 pence each pursuant to its up to $1.5bn share repurchase programme, details of which were announced on 10th December 2024.

Description of shares: Ashtead Group plc - ordinary shares of 10 pence

Number of Shares repurchased: 40,000 Shares

Date of transaction: 7th January 2025

Average price paid per Share: 5,017 pence

Lowest price paid per Share: 4,987 pence

Highest price paid per Share: 5,036 pence

Broker: Barclays Bank PLC  

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 436,579,583 (excluding Treasury shares), and the company will hold 14,775,250 ordinary shares in Treasury.             

The figure of 436,579,583 may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), detailed information about the individual purchases is attached to this announcement.

Ashtead Transaction Summary 7 January 25.pdf

For further information, please contact:

Ashtead Group plc

Will Shaw, Director of Investor Relations 

+44 (0)20 7726 9700

Transaction in own shares

Ashtead Group plc (the "Company") announces that on 6th January 2025 it purchased for Treasury the following number of its ordinary shares of 10 pence each pursuant to its up to $1.5bn share repurchase programme, details of which were announced on 10th December 2024.

Description of shares: Ashtead Group plc - ordinary shares of 10 pence

Number of Shares repurchased: 60,000 Shares

Date of transaction: 6th January 2025

Average price paid per Share: 5,008 pence

Lowest price paid per Share: 4,964 pence

Highest price paid per Share: 5,050 pence

Broker: Barclays Bank PLC  

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 436,619,583 (excluding Treasury shares), and the company will hold 14,735,250 ordinary shares in Treasury.             

The figure of 436,619,583 may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), detailed information about the individual purchases is attached to this announcement.

Ashtead Transaction Summary 6 January 25.pdf

For further information, please contact:

Ashtead Group plc

Will Shaw, Director of Investor Relations 

+44 (0)20 7726 9700

Transaction in own shares

Ashtead Group plc (the "Company") announces that on 3rd January 2025 it purchased for Treasury the following number of its ordinary shares of 10 pence each pursuant to its up to $1.5bn share repurchase programme, details of which were announced on 10th December 2024.

Description of shares: Ashtead Group plc - ordinary shares of 10 pence

Number of Shares repurchased: 59,594 Shares

Date of transaction: 3rd January 2025

Average price paid per Share: 4,949 pence

Lowest price paid per Share: 4,927 pence

Highest price paid per Share: 4,966 pence

Broker: Barclays Bank PLC  

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 436,679,583 (excluding Treasury shares), and the company will hold 14,675,250 ordinary shares in Treasury.             

The figure of 436,679,583 may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), detailed information about the individual purchases is attached to this announcement.

Ashtead Transaction Summary 3 January 25.pdf

For further information, please contact:

Ashtead Group plc

Will Shaw, Director of Investor Relations 

+44 (0)20 7726 9700

Transaction in own shares

Ashtead Group plc (the "Company") announces that on 2nd January 2025 it purchased for Treasury the following number of its ordinary shares of 10 pence each pursuant to its up to $1.5bn share repurchase programme, details of which were announced on 10th December 2024.

Description of shares: Ashtead Group plc - ordinary shares of 10 pence

Number of Shares repurchased: 59,907 Shares

Date of transaction: 2nd January 2025

Average price paid per Share: 4,962 pence

Lowest price paid per Share: 4,944 pence

Highest price paid per Share: 4,984 pence

Broker: Barclays Bank PLC  

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 436,739,177 (excluding Treasury shares), and the company will hold 14,615,656 ordinary shares in Treasury.             

The figure of 436,739,177 may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), detailed information about the individual purchases is attached to this announcement.

 Ashtead Transaction Summary 2 January 25.pdf

For further information, please contact:

Ashtead Group plc

Will Shaw, Director of Investor Relations 

+44 (0)20 7726 9700

Transaction in own shares

Ashtead Group plc (the "Company") announces that on 30th December 2024 it purchased for Treasury the following number of its ordinary shares of 10 pence each pursuant to its up to $1.5bn share repurchase programme, details of which were announced on 10th December 2024.

Description of shares: Ashtead Group plc - ordinary shares of 10 pence

Number of Shares repurchased: 60,000 Shares

Date of transaction: 30th December 2024

Average price paid per Share: 4,910 pence

Lowest price paid per Share: 4,886 pence

Highest price paid per Share: 4,938 pence

Broker: Barclays Bank PLC  

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 436,799,084 (excluding Treasury shares), and the company will hold 14,555,749 ordinary shares in Treasury.             

The figure of 436,799,084 may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), detailed information about the individual purchases is attached to this announcement.

Ashtead Transaction Summary 30 December '24.pdf

For further information, please contact:

Ashtead Group plc

Will Shaw, Director of Investor Relations 

+44 (0)20 7726 9700

Transaction in own shares

Ashtead Group plc (the "Company") announces that on 27th December 2024 it purchased for Treasury the following number of its ordinary shares of 10 pence each pursuant to its up to $1.5bn share repurchase programme, details of which were announced on 10th December 2024.

Description of shares: Ashtead Group plc - ordinary shares of 10 pence

Number of Shares repurchased: 60,000 Shares

Date of transaction: 27th December 2024

Average price paid per Share: 4,928 pence

Lowest price paid per Share: 4,912 pence

Highest price paid per Share: 4,948 pence

Broker: Barclays Bank PLC  

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 436,859,084 (excluding Treasury shares), and the company will hold 14,495,749 ordinary shares in Treasury.             

The figure of 436,859,084 may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), detailed information about the individual purchases is attached to this announcement.

Ashtead Transaction Summary 27 December '24.pdf

For further information, please contact:

Ashtead Group plc

Will Shaw, Director of Investor Relations 

+44 (0)20 7726 9700

Transaction in own shares

Ashtead Group plc (the "Company") announces that on 23rd December 2024 it purchased for Treasury the following number of its ordinary shares of 10 pence each pursuant to its up to $1.5bn share repurchase programme, details of which were announced on 10th December 2024.

Description of shares: Ashtead Group plc - ordinary shares of 10 pence

Number of Shares repurchased: 40,000 Shares

Date of transaction: 23rd December 2024

Average price paid per Share: 4,964 pence

Lowest price paid per Share: 4,944 pence

Highest price paid per Share: 4,992 pence

Broker: Barclays Bank PLC  

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 436,919,084 (excluding Treasury shares), and the company will hold 14,435,749 ordinary shares in Treasury.             

The figure of 436,919,084 may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), detailed information about the individual purchases is attached to this announcement.

Ashtead Transaction Summary 23 December '24.pdf

For further information, please contact:

Ashtead Group plc

Will Shaw, Director of Investor Relations 

+44 (0)20 7726 9700

Transaction in own shares

Ashtead Group plc (the "Company") announces that on 20th December 2024 it purchased for Treasury the following number of its ordinary shares of 10 pence each pursuant to its up to $1.5bn share repurchase programme, details of which were announced on 10th December 2024.

Description of shares: Ashtead Group plc - ordinary shares of 10 pence

Number of Shares repurchased: 60,000 Shares

Date of transaction: 20th December 2024

Average price paid per Share: 4,988 pence

Lowest price paid per Share: 4,948 pence

Highest price paid per Share: 5,054 pence

Broker: Barclays Bank PLC  

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 436,959,084 (excluding Treasury shares), and the company will hold 14,395,749 ordinary shares in Treasury.             

The figure of 436,959,084 may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), detailed information about the individual purchases is attached to this announcement.

Ashtead Transaction Summary 20 December '24.pdf

For further information, please contact:

Ashtead Group plc

Will Shaw, Director of Investor Relations 

+44 (0)20 7726 9700

Transaction in own shares

Ashtead Group plc (the "Company") announces that on 19th December 2024 it purchased for Treasury the following number of its ordinary shares of 10 pence each pursuant to its up to $1.5bn share repurchase programme, details of which were announced on 10th December 2024.

Description of shares: Ashtead Group plc - ordinary shares of 10 pence

Number of Shares repurchased: 40,000 Shares

Date of transaction: 19th December 2024

Average price paid per Share: 5,031 pence

Lowest price paid per Share: 4,968 pence

Highest price paid per Share: 5,080 pence

Broker: Barclays Bank PLC  

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 437,019,084 (excluding Treasury shares), and the company will hold 14,335,749 ordinary shares in Treasury.             

The figure of 437,019,084 may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), detailed information about the individual purchases is attached to this announcement.

 Ashtead Transaction Summary 19 December '24.pdf

For further information, please contact:

Ashtead Group plc

Will Shaw, Director of Investor Relations 

+44 (0)20 7726 9700

Transaction in own shares

Ashtead Group plc (the "Company") announces that on 18th December 2024 it purchased for Treasury the following number of its ordinary shares of 10 pence each pursuant to its up to $1.5bn share repurchase programme, details of which were announced on 10th December 2024.

Description of shares: Ashtead Group plc - ordinary shares of 10 pence

Number of Shares repurchased: 39,723 Shares

Date of transaction: 18th December 2024

Average price paid per Share: 5,163 pence

Lowest price paid per Share: 5,120 pence

Highest price paid per Share: 5,204 pence

Broker: Barclays Bank PLC  

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 437,059,084 (excluding Treasury shares), and the company will hold 14,295,749 ordinary shares in Treasury.             

The figure of 437,059,084 may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), detailed information about the individual purchases is attached to this announcement.

Ashtead Transaction Summary 18 December '24.pdf

For further information, please contact:

Ashtead Group plc

Will Shaw, Director of Investor Relations 

+44 (0)20 7726 9700

Transaction in own shares

Ashtead Group plc (the "Company") announces that on 17th December 2024 it purchased for Treasury the following number of its ordinary shares of 10 pence each pursuant to its up to $1.5bn share repurchase programme, details of which were announced on 10th December 2024.

Description of shares: Ashtead Group plc - ordinary shares of 10 pence

Number of Shares repurchased: 40,000 Shares

Date of transaction: 17th December 2024

Average price paid per Share: 5,122 pence

Lowest price paid per Share: 5,088 pence

Highest price paid per Share: 5,188 pence

Broker: Barclays Bank PLC  

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 437,098,807 (excluding Treasury shares), and the company will hold 14,256,026 ordinary shares in Treasury.             

The figure of 437,098,807 may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), detailed information about the individual purchases is attached to this announcement.

Ashtead Transaction Summary 17 December '24.pdf

For further information, please contact:

Ashtead Group plc

Will Shaw, Director of Investor Relations 

+44 (0)20 7726 9700

Transaction in own shares

Ashtead Group plc (the "Company") announces that on 16th December 2024 it purchased for Treasury the following number of its ordinary shares of 10 pence each pursuant to its up to $1.5bn share repurchase programme, details of which were announced on 10th December 2024.

Description of shares: Ashtead Group plc - ordinary shares of 10 pence

Number of Shares repurchased: 40,000 Shares

Date of transaction: 16th December 2024

Average price paid per Share: 5,129 pence

Lowest price paid per Share: 5,098 pence

Highest price paid per Share: 5,218 pence

Broker: Barclays Bank PLC  

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 437,138,807 (excluding Treasury shares), and the company will hold 14,216,026 ordinary shares in Treasury.             

The figure of 437,138,807 may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), detailed information about the individual purchases is attached to this announcement.

Ashtead Transaction Summary 16 December '24.pdf

For further information, please contact:

Ashtead Group plc

Will Shaw, Director of Investor Relations 

+44 (0)20 7726 9700

Transaction in own shares

Ashtead Group plc (the "Company") announces that on 13th December 2024 it purchased for Treasury the following number of its ordinary shares of 10 pence each pursuant to its up to $1.5bn share repurchase programme, details of which were announced on 10th December 2024.

Description of shares: Ashtead Group plc - ordinary shares of 10 pence

Number of Shares repurchased: 40,000 Shares

Date of transaction: 13th December 2024

Average price paid per Share: 5,212 pence

Lowest price paid per Share: 5,160 pence

Highest price paid per Share: 5,264 pence

Broker: Barclays Bank PLC  

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 437,178,807 (excluding Treasury shares), and the company will hold 14,176,026 ordinary shares in Treasury.             

The figure of 437,178,807 may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), detailed information about the individual purchases is attached to this announcement.

Ashtead Transaction Summary 13 December '24.pdf

For further information, please contact:

Ashtead Group plc

Will Shaw, Director of Investor Relations 

+44 (0)20 7726 9700

Ashtead Group plc

13 December 2024

ASHTEAD GROUP PLC

Director / PDMR Shareholding

Notification of transactions of persons discharging managerial responsibility or connected persons.

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Renata Ribeiro

2

Reason for the notification

a)

Position/status

Non-Executive Director

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

 Ashtead Group plc

b)

LEI

2138007UTBN8X9K1A235

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of £0.10p

GB0000536739

b)

Nature of the transaction

Purchase of shares.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£53.324

150

d)

Aggregated information

-      Volume

-      Price

-      Total

150

£53.324

£7,998.60

e)

Date of the transaction

12 December 2024

f)

Place of the transaction

OTC - over the counter exchange

This notice is given in fulfilment of the obligation under Article 19 of the Market Abuse Regulation.

Enquiries

Ashtead Group

Contact: Alan Porter - 0207 726 9700

Transaction in own shares

Ashtead Group plc (the "Company") announces that on 12th December 2024 it purchased for Treasury the following number of its ordinary shares of 10 pence each pursuant to its up to $1.5bn share repurchase programme, details of which were announced on 10th December 2024.

Description of shares: Ashtead Group plc - ordinary shares of 10 pence

Number of Shares repurchased: 40,000 Shares

Date of transaction: 12th December 2024

Average price paid per Share: 5,291 pence

Lowest price paid per Share: 5,244 pence

Highest price paid per Share: 5,380 pence

Broker: Barclays Bank PLC  

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 437,218,807 (excluding Treasury shares), and the company will hold 14,136,026 ordinary shares in Treasury.             

The figure of 437,218,807 may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), detailed information about the individual purchases is attached to this announcement.

Ashtead Transaction Summary 12 December '24.pdf

For further information, please contact:

Ashtead Group plc

Will Shaw, Director of Investor Relations 

+44 (0)20 7726 9700

12 December 2024

ASHTEAD GROUP PLC

("Ashtead" or the "Group") Sustainability Report 2024

Ashtead today announces the release of its 2024 Sustainability Report. The sustainability report highlights significant progress made across all areas of environmental, social and governance. The report can be found in the sustainability section of the Group's website at www.ashtead-group.com.

The report covers the period from 1 May 2023 to 30 April 2024, as well as providing some narrative as to ongoing activities. Data included represents Ashtead Group plc and its subsidiaries unless otherwise stated. It should be read in conjunction with the disclosures provided within our Annual Report and Accounts 2024, which includes our disclosures in accordance with the standards and recommendations of the Task force on Climate-related Financial Disclosures.

Further enquiries:

Ashtead Group plc

Will Shaw - 020 7726 9700

H/Advisors Maitland

Sam Cartwright - 0207 379 5151

Ashtead Group plc

12 December 2024

ASHTEAD GROUP PLC

Directorate Update

Ashtead Group plc announces that Lucinda Riches, non-executive director and Remuneration Committee chair, has been appointed a non-executive director of Kingfisher plc with effect from 1 January 2025.

Further enquiries:

Ashtead Group plc

Will Shaw - 0207 726 9700

Ashtead Group plc

12 December 2024

ASHTEAD GROUP PLC

Director / PDMR Shareholding

Notification of transactions of persons discharging managerial responsibility or connected persons.

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Brendan Horgan

2

Reason for the notification

a)

Position/status

CEO

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

 Ashtead Group plc

b)

LEI

2138007UTBN8X9K1A235

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary shares of £0.10p

GB0000536739

b)

Nature of the transaction

Purchase of shares.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£53.20

4,000

d)

Aggregated information

-      Volume

-      Price

-      Total

4,000  

£53.20

£212,800

e)

Date of the transaction

11 December 2024

f)

Place of the transaction

London Stock Exchange XLON

This notice is given in fulfilment of the obligation under Article 19 of the Market Abuse Regulation.

Enquiries

Ashtead Group

Contact: Alan Porter - 0207 726 9700

Transaction in own shares

Ashtead Group plc (the "Company") announces that on 11th December 2024 it purchased for Treasury the following number of its ordinary shares of 10 pence each pursuant to its up to $1.5bn share repurchase programme, details of which were announced on 10th December 2024.

Description of shares: Ashtead Group plc - ordinary shares of 10 pence

Number of Shares repurchased: 40,000 Shares

Date of transaction: 11th December 2024

Average price paid per Share: 5,248 pence

Lowest price paid per Share: 5,032 pence

Highest price paid per Share: 5,370 pence

Broker: Barclays Bank PLC  

Following the purchase of these shares, the remaining number of ordinary shares in issue will be 437,258,807 (excluding Treasury shares), and the company will hold 14,096,026 ordinary shares in Treasury.             

The figure of 437,258,807 may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), detailed information about the individual purchases is attached to this announcement.

Ashtead Transaction Summary 11 December '24.pdf

For further information, please contact:

Ashtead Group plc

Will Shaw, Director of Investor Relations 

+44 (0)20 7726 9700

THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND DOES NOT CONSTITUTE AN OFFER

FOR SALE OF ANY SECURITIES OR AN OFFER OR INVITATION TO PURCHASE ANY SECURITIES IN ANY

JURISDICTION OR A SOLICITATION OF ANY VOTE OR APPROVAL.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (DIRECTLY OR INDIRECTLY) IN WHOLE OR IN PART

IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE

RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION.

11 December 2024

Ashtead Group plc

Launches new share buyback programme of up to USD 1.5 billion

Pursuant to the disclosure by Ashtead Group plc (the "Company") in the second quarter results announcement on 10 December concerning the launch of a new share buyback programme of up to $1.5bn over 18 months, Ashtead Group plc (the "Company") announces that it has entered into an arrangement with Barclays Bank PLC, acting through its Investment Bank ("Barclays"). The arrangement allows Barclays to purchase, together with any other ordinary shares in the Company (the "Shares") purchased on the Company's behalf pursuant to this buyback programme, up to (a) in accordance with the terms of the Company's current buyback authority granted by shareholder resolution dated 4 September 2024, 65,551,091 Shares up to and including the date of the next AGM; and (b) following the expiry of such current buyback authority, the aggregate number of Shares authorised to be purchased by the Company under any subsequent buyback authority granted during the arrangement (which in any event shall be less than 15% of the relevant class of the Company's equity shares at the date of such authority). These share purchases will be made by Barclays acting as riskless principal and in accordance with the arrangement, and they shall be made independently of and uninfluenced by the Company.

Any share purchases effected pursuant to the arrangement will be subject to the terms of the arrangement with Barclays and in any case will be effected in a manner consistent with both the general authority vested in the Company to repurchase shares and the United Kingdom Listing Rules, which require that the maximum price paid be limited to be no more than the lower of (i) 105 per cent of the average middle market closing price of the Company's ordinary shares for the five business days before the purchase is made, and (ii) the higher of the price of the last independent trade and the highest current independent bid on the trading venue where the purchase is carried out.

Following the purchase of the Shares, they will be placed into treasury. The sole purpose of these share purchases is to reduce the Company's share capital.

Further enquiries:

Will Shaw

Ashtead Group plc

+44 (0)20 7726 9700

Sam Cartwright

H/Advisors Maitland

+44 (0)20 7379 5151