Sunbelt Rentals Begins Trading Today on New York Stock Exchange

Sunbelt Rentals Holdings Inc. today announced that shares of its common stock have commenced trading on the New York Stock Exchange under the ticker symbol “SUNB” as of the market open.

This marks the successful completion of the company’s transition to a U.S. primary listing as a natural progression of Sunbelt Rentals’ business, reflecting the company’s strong momentum and crucial role as a leading provider of rental equipment and services in North America.

Sunbelt Rentals is now a U.S.-listed company with a substantially U.S.-based business, reporting in U.S. dollars and with almost all the company’s operating profit derived from North America over the past 12 months. As part of this transition, former Ashtead Group plc shareholders have received one Sunbelt Rentals share for each Ashtead share previously held, and in addition to its primary listing on the NYSE, Sunbelt Rentals will maintain a secondary listing on the London Stock Exchange, also under the SUNB ticker.

“We’re incredibly excited to achieve this milestone, as part of Sunbelt Rentals’ continued growth journey as a leading rental solutions provider,” said Brendan Horgan, CEO of Sunbelt Rentals. “Over the past several years, Sunbelt Rentals has made tremendous strides growing our rental business in North America while diversifying our customer base and expanding our addressable markets, all while strengthening our culture and improving safety. With increased access to the U.S. capital markets, we are well positioned to support the next generation of infrastructure, construction, and the broad non-construction markets across the U.S. and Canada, which we believe will benefit all our stakeholders.”

Today, Sunbelt Rentals operates in all 50 U.S. states and in eight provinces in Canada, providing the company with distinctive competitive advantages that compound over time, including scale and resilience needed to support its growing base of customers, and multiple layers of growth opportunity. The company is No. 2 on the RER 100.

"We’re incredibly grateful for the Sunbelt Rentals team who has made this relisting a possibility,” said Alex Pease, chief financial officer of Sunbelt Rentals. “Their passion and dedication have brought Sunbelt Rentals to this exciting next step on its structural growth journey, showcasing the strength of our scaled platform and commitment to the North American market. Our new home on the NYSE will increase our visibility among institutional and retail investors, highlighting our value proposition as the premier choice for equipment rentals and offering our customers a one-stop solution for all their rental needs and services.”

Sunbelt Rentals will share more with investors during its March 12 earnings call at 8:30 a.m. Eastern Time, and its March 26 Investor Day, where the company will provide updates on its strategic roadmap, performance, growth trajectory, cash flow profile, approach to capital allocation, and the next generation of rental partnerships and solutions.

The Sunbelt Rentals Common Stock will trade in U.S. dollars on the NYSE and in pounds sterling on the London Stock Exchange.

Availability of the Prospectus

The Prospectus will shortly be available to view on Ashtead Group plc's website at: https://www.ashtead-group.com/investors/shareholder-information/proposed-us-listing/.

From March 2, 2026, the Prospectus will be available to view on Sunbelt’s website at: https://www.ir.sunbeltrentals.com.

A copy of the Prospectus has been submitted to the National Storage Mechanism and will be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism.