- Title:
DBP and acquisition of Shares - Time:
18:30:28 - Date:
29 Apr 2021 - Category:
Director/PDMR dealings - ID:
1401X
HSS Hire Group plc
Exercise of options under the DBP and acquisition of Shares
On 29 April 2021, the Executive Directors of HSS Hire Group plc (the "Company") exercised nil-cost options over ordinary shares in the Company ("Shares") which had been granted to them on 16 April 2019 under the Company's 2015 Deferred Bonus Plan (the "Plan"). In accordance with the rules of the Plan, the exercises were settled in cash. Each Executive Director used the after tax amount of his cash payment to acquire Shares.
| Name |
Number of shares subject to exercised nil-cost option |
Number of shares acquired |
| Steve Ashmore |
203,708 |
102,000 |
| Paul Quested |
147,007 |
75,000 |
| 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 in the capital of HSS Hire Group plc |
||||||||
| b) |
- Identification code |
- GB00BVFD4645 |
||||||||
| c) |
- Nature of the transaction |
- (1) Exercise of nil-cost option over ordinary shares in the capital of HSS Hire Group plc, settled with a cash payment. - (2) Acquisition of ordinary shares in the capital of HSS Hire Group plc using the after tax amount of the cash payment referred to in (1). |
||||||||
| d) |
- Price(s) and - volume(s) |
- (1) Exercise of nil cost option and cash settlement
- (2) Acquisition of shares
- |
||||||||
| e) |
- Aggregated information - Volume - Price |
- N/A |
||||||||
| f) |
- Date of the transaction |
- 29 April 2021 |
||||||||
| g) |
- Place of the transaction |
- (1) Outside a trading venue - (2) London Stock Exchange, AIM |
||||||||
| 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 in the capital of HSS Hire Group plc |
||||||||
| b) |
- Identification code |
- GB00BVFD4645 |
||||||||
| c) |
- Nature of the transaction |
- (1) Exercise of nil-cost option over ordinary shares in the capital of HSS Hire Group plc, settled with a cash payment. - (2) Acquisition of ordinary shares in the capital of HSS Hire Group plc using the after tax amount of the cash payment referred to in (1). |
||||||||
| d) |
- Price(s) and - volume(s) |
- (1) Exercise of nil cost option and cash settlement
- (2) Acquisition of shares
- |
||||||||
| e) |
- Aggregated information - Volume - Price |
- N/A |
||||||||
| f) |
- Date of the transaction |
- 29 April 2021 |
||||||||
| g) |
- Place of the transaction |
- (1) Outside a trading venue - (2) London Stock Exchange, AIM |
||||||||
For further information, please contact:
| HSS Hire Group plc |
Tel: 020 3757 9248 |
| Investor Relations Manager |
Please email: [email protected] |
|
|
|
|
|
|
|
|
|
| Numis Securities Stuart Skinner George Price |
Tel: 020 7260 1000 |
|
|
|
| Teneo |
Tel: 07557 491860 |
| Tom Davies |
|
DBP and acquisition of Shares18:30:2829 Apr 2021Director/PDMR dealings1401X