HSS Hire Group plc
Director/PDMR Shareholding
Grant of awards under the LTIP
On 4 June 2019, HSS Hire Group plc (the "Company") granted nil-cost options over ordinary shares in the Company in accordance with the Company's 2015 Long Term Incentive Plan (the "Plan") to the Executive Directors and other Person Discharging Managerial Responsibilities set out below.
Name |
Number of shares subject to award |
Steve Ashmore |
1,020,833 |
Paul Quested |
736,111 |
Tom Shorten |
736,111 |
The vesting of the awards is subject to the satisfaction of performance conditions based on EPS and ROCE as referred to in the Directors' Remuneration Report in the Company's Annual Report and Accounts for the year ended 29 December 2018, which will be assessed over three financial years. To the extent the awards vest, they will be subject to a two year holding period following the end of the performance period.
This announcement, including the notifications below, has been made in accordance with the requirements of the EU Market Abuse Regulation.
1. |
Details of PDMR / person closely associated with them ("PCA") |
a) |
Name |
Steve Ashmore |
2. |
Reason for the notification |
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 |
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 |
Ordinary shares of 1p each in the capital of HSS Hire Group plc |
b) |
Identification code |
GB00BVFD4645 |
c) |
Nature of the transaction |
Grant of option |
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
N/A |
1,020,833 |
|
e) |
Aggregated information - Volume - Price |
N/A |
f) |
Date of the transaction |
4 June 2019 |
g) |
Place of the transaction |
Outside a trading venue |
1. |
Details of PDMR / person closely associated with them ("PCA") |
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 |
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 |
Ordinary shares of 1p each in the capital of HSS Hire Group plc |
b) |
Identification code |
GB00BVFD4645 |
c) |
Nature of the transaction |
Grant of option |
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
N/A |
736,111 |
|
e) |
Aggregated information - Volume - Price |
N/A |
f) |
Date of the transaction |
4 June 2019 |
g) |
Place of the transaction |
Outside a trading venue |
1. |
Details of PDMR / person closely associated with them ("PCA") |
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 |
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 |
Ordinary shares of 1p each in the capital of HSS Hire Group plc |
b) |
Identification code |
GB00BVFD4645 |
c) |
Nature of the transaction |
Grant of option |
d) |
Price(s) and volume(s) |
Price(s) |
Volume(s) |
N/A |
736,111 |
|
e) |
Aggregated information - Volume - Price |
N/A |
f) |
Date of the transaction |
4 June 2019 |
g) |
Place of the transaction |
Outside a trading venue |
