DBP and acquisition of Shares

RNS Number : 1401X

HSS Hire Group PLC

29 April 2021

 

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 -  Number of Shares over which Nil-Cost Option exercised -  Cash payment -  203,708 -  £44,591.68 -  (2)  Acquisition of shares -  Number of Shares acquired -  Per Share purchase price -  102,000 -  £0.2189 -
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 -  Number of Shares over which Nil-Cost Option exercised -  Cash payment -  147,007 -  £32,179.83 -  (2)  Acquisition of shares -  Number of Shares acquired -  Per Share purchase price -  75,000 -  £0.2189 -
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: [phone]
Investor Relations Manager	Please email: [e-mail]
Numis Securities Stuart Skinner George Price	Tel: [phone]
Teneo	Tel: [phone]
Tom Davies

 

END

 

 

DSHZZGZDNLZGMZM