Grant of awards under the LTIP

RNS Number : 2596B
HSS Hire Group PLC
05 June 2019
 

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

 


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