Director/PDMR Shareholding

Speedy Hire PLC

23 July 2026

 

Speedy Hire Plc (the "Company")

Notification of transactions by Persons Discharging Managerial Responsibilities

Today, performance share awards ("PSAs" and each a "PSA") over ordinary shares of 5 pence each in the share capital of the Company ("Shares") were granted under the Company's 2024 Performance Share Plan ("PSP") to the following persons discharging managerial responsibilities ("PDMRs"):

Participant	Position	No. of Shares over which the PSAs were granted	Grant Level as a % of Base Salary
Dan Evans	Chief Executive	1,999,340	75%
Judith Cottrell	Chief Financial Officer	1,530,491	75%

In the normal course of events, the PSAs will become exercisable as from the third anniversary of their grant, subject to the grantee's continued service and the extent to which the following earnings per share ("EPS"), free cash flow ("FCF") and total shareholder return ("TSR") related performance conditions have been satisfied:

-     30% of each PSA is subject to EPS performance conditions. 0% to 50% of this part of an award vests on a pro-rata basis for EPS of 4 pence to 5 pence for the financial year ending 31 March 2029. 50% to 100% of this part of an award vests on a pro-rata basis for EPS of 5 pence to 7 pence or more for the financial year ending 31 March 2029;

-     30% of each PSA is subject to FCF performance conditions. 25% of this part of an award vest for FCF of £20m for the financial year ending 31 March 2029 with full vesting of this part of an award for FCF of £32m or more for the financial year ending 31 March 2029. Pro-rata vesting operates between these points;

-     40% of each PSA is subject to a TSR performance condition based on the Group's TSR performance over a three year measurement period commencing on the grant of the PSAs relative to that of the members of a comparator group. The comparator group comprises the constituents of the FTSE SmallCap (excluding investment trusts) at the start of the measurement period. 25% of this part of an award vests if the Company's TSR is ranked at the median of the TSRs of the comparator group, with full vesting of this part of an award for upper quartile performance or better. Pro-rata vesting operates between these points.

Under the terms of the PSA the Company's Remuneration Committee retains discretion to adjust the level of vesting of the PSAs to have regard to exceptional circumstances (this may include but not limited to, overall performance of the Company).

The PSAs were granted in the form of nil-cost options and subject to the rules of the PSP at all times including that these PSA are subject to a post vesting holding period (net of tax) operating to up to the fifth anniversary of grant.

The PSAs were granted under the Company's existing remuneration policy for Directors approved at the Company's 2024 Annual General Meeting.

As further detailed in the recently published 2026 Annual Report, a new Directors' Remuneration Policy is proposed for approval at the 2026 Annual General Meeting to enable for long-term incentive awards to the Company's Executive Directors to comprise a mix of PSAs and restricted share awards subject to underpin conditions ("RSAs"). The full detail of such proposed hybrid award approach, together with supporting rationale, is set out in the Directors' Remuneration Report in the 2026 Annual Report.

Subject to shareholder approval for the new Directors' Remuneration Policy, RSAs are timetabled to be granted to the above participants shortly following the 2026 Annual General Meeting.

The information set out below is provided in accordance with the requirements of UK MAR.

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Dan Evans
2.	Reason for the notification
a)	Position / status	Chief Executive
b)	Initial notification / amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Speedy Hire Plc
b)	LEI	213800U78SIYAZDYXM61
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	Ordinary shares of 5 pence each
	Identification code	GB0000163088
b)	Nature of the transaction	Grant of PSA under the Speedy Hire Plc Performance Share Plan 2024
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 1,999,340
d)	Aggregated information -      Aggregated volume -      Price	N/A single transaction
e)	Date of the transaction	2026-07-23
f)	Place of the transaction	Outside a trading venue

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Judith Cottrell
2.	Reason for the notification
a)	Position / status	Chief Financial Officer
b)	Initial notification / amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Speedy Hire Plc
b)	LEI	213800U78SIYAZDYXM61
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	Ordinary shares of 5 pence each
	Identification code	GB0000163088
b)	Nature of the transaction	Grant of PSA under the Speedy Hire Plc Performance Share Plan 2024
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 1,530,491
d)	Aggregated information -      Aggregated volume -      Price	N/A single transaction
e)	Date of the transaction	2026-07-23
f)	Place of the transaction	Outside a trading venue

Enquiries:

Neil Hunt

Company Secretary

Speedy Hire Plc

Telephone:  [phone]

 

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