Ashtead Group to List on Latest York Stock Exchange as Sunbelt Rentals Holdings Inc.

Ashtead Group, the parent company of Sunbelt Rentals, is moving its primary stock listing to the United States, a move reflecting the scale of its North American operations. The transition will be effective on Monday, March 2, 2026, with the company establishing a new holding company, Sunbelt Rentals Holdings Inc., registered in Delaware.

Key Dates and Details

• February 25, 2026: A UK prospectus for the US-listed business will be published.
• February 27, 2026: Ashtead’s existing share capital will be cancelled entirely after 10:00 PM UK time. This is similarly the final day to deal in current shares.
• March 2, 2026: The primary listing on the New York Stock Exchange (NYSE) will begin under the ticker symbol “SUNB” at 9:30 AM US time. A secondary listing will simultaneously launch on the London Stock Exchange at 8:00 AM UK time.
• Share Exchange: One Ashtead share will be exchanged for one Sunbelt share.

Rationale for the Move

Ashtead Group has emphasized that this change acknowledges the significant contribution of its North American business. The company anticipates several benefits from the US listing, including:

• Increased exposure to US investors.
• Enhanced liquidity through access to US capital markets.
• Greater company profile.
• Simplified share ownership for employees.

About Ashtead and Sunbelt Rentals

Ashtead is an international equipment rental company operating national networks in both North America and the UK, primarily under the Sunbelt Rentals brand [Ashtead Group]. Sunbelt Rentals provides a comprehensive range of construction and industrial equipment for diverse applications.

Court Approval

The scheme of arrangement for the redomiciling was approved by the court on February 24, 2026 [Investing.com] and [TipRanks].

Recent Financial Performance

Ashtead Group released unaudited results for the half year and second quarter ended October 31, 2025, on December 9, 2025 [Ashtead Group]. Unaudited results for the first quarter ended July 31, 2025, were published on September 3, 2025 [Ashtead Group]. Audited results for the year and unaudited results for the fourth quarter ended April 30, 2025, were released on June 17, 2025 [Ashtead Group].