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On 18 May 2023, Steve Ashmore (CEO), Paul Quested (CFO), and Tom Shorten (CCO) of HSS Hire Group plc confirmed the surrender of nil-cost options over a total of 2,054,718 ordinary shares. Specifically, Mr. Ashmore surrendered options over 841,348 shares, and Mr. Quested and Mr. Shorten each surrendered options over 606,685 shares, which were originally granted on 2 July 2020.
| Date | 19 May 2023 |
| Time | 12:00:02 |
| Category | Director/PDMR dealings |
| ID | 0536A |
HSS Hire Group plc (the "Company")
Director/PDMR Shareholding
Surrender of LTIP awards
On 18 May 2023, the Executive Directors and Person Discharging Managerial Responsibilities set out in the table below ("Executives") confirmed their surrender of nil-cost options over ordinary shares in the Company ("Awards") granted on 2 July 2020, reflecting their participation in an Existing Schemes Award as referred to in the Company's 2022 Directors' Remuneration Report.
|
Name |
Number of shares subject to the surrendered Award |
|
Steve Ashmore |
841,348 |
|
Paul Quested |
606,685 |
|
Tom Shorten |
606,685 |
The notification below, made pursuant to Article 19 of the Market Abuse Regulation, provides further information about these transactions.
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Steve Ashmore |
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|
2 |
Reason for the notification |
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|
a) |
Position/status |
Chief Executive Officer |
||||
|
b) |
Initial notification/ Amendment |
Initial notification |
||||
|
3 |
Details of the issuer |
|||||
|
a) |
Name |
HSS Hire Group plc |
||||
|
b) |
LEI code
|
2138004DGL1J6VQO6S92 |
||||
|
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 1p each in the capital of HSS Hire Group plc |
||||
|
b) |
Identification code |
GB00BVFD4645 |
||||
|
c) |
Nature of the transaction |
Surrender of nil-cost option over 841,348 ordinary shares of 1p each in the capital of HSS Hire Group plc |
||||
|
d) |
Price(s) and volume(s)
|
|
||||
|
e) |
Aggregated information |
N/A |
||||
|
f) |
Date of the transaction |
18 May 2023
|
||||
|
g) |
Place of the transaction |
Outside a trading venue |
||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Paul Quested |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Chief Financial Officer |
||||
|
b) |
Initial notification/ Amendment |
Initial notification |
||||
|
3 |
Details of the issuer |
|||||
|
a) |
Name |
HSS Hire Group plc |
||||
|
b) |
LEI code
|
2138004DGL1J6VQO6S92 |
||||
|
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 1p each in the capital of HSS Hire Group plc |
||||
|
b) |
Identification code |
GB00BVFD4645 |
||||
|
c) |
Nature of the transaction |
Surrender of nil-cost option over 606,685 ordinary shares of 1p each in the capital of HSS Hire Group plc |
||||
|
d) |
Price(s) and volume(s)
|
|
||||
|
e) |
Aggregated information |
N/A |
||||
|
f) |
Date of the transaction |
18 May 2023
|
||||
|
g) |
Place of the transaction |
Outside a trading venue |
||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||
|
a) |
Name |
Tom Shorten |
||||
|
2 |
Reason for the notification |
|||||
|
a) |
Position/status |
Chief Commercial Officer |
||||
|
b) |
Initial notification/ Amendment |
Initial notification |
||||
|
3 |
Details of the issuer |
|||||
|
a) |
Name |
HSS Hire Group plc |
||||
|
b) |
LEI code
|
2138004DGL1J6VQO6S92 |
||||
|
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 1p each in the capital of HSS Hire Group plc |
||||
|
b) |
Identification code |
GB00BVFD4645 |
||||
|
c) |
Nature of the transaction |
Surrender of nil-cost option over 606,685 ordinary shares of 1p each in the capital of HSS Hire Group plc |
||||
|
d) |
Price(s) and volume(s)
|
|
||||
|
e) |
Aggregated information |
N/A |
||||
|
f) |
Date of the transaction |
18 May 2023
|
||||
|
g) |
Place of the transaction |
Outside a trading venue |
||||