Director/PDMR Shareholding

Hill & Smith PLC

19 March 2026

 

19 March 2026

Hill & Smith PLC ('Hill & Smith' or the 'Company')
Director and PDMR Shareholdings

Hill & Smith announces the following dealings by Directors and PDMRs of the Company in connection with its employee share plan arrangements.

Hill & Smith 2023 Long Term Incentive Plan - 2026 Award ('LTIP')

On 18 March 2026 (the 'Grant Date'), the Company granted awards under the Hill & Smith 2023 Long Term Incentive Plan to the Directors / PDMRs as set out below:

Director / PDMR	Name	Job Title	Type of award	Number of shares
Director	Rutger Helbing	Chief Executive Officer	Nil-cost option	57,935
Director	Chris McLeish	Chief Financial Officer	Nil-cost option	32,717
PDMR	Tim Tehan	Group President	Conditional award	20,053
PDMR	Nick Adcock	Group President	Nil-cost option	13,482

The number of shares over which the awards were granted was calculated based on a share price of £21.25, that being the closing mid-market price from the day immediately preceding the date of grant.

The Awards will vest based on the achievement of relative Total Shareholder Return (40%), Underlying EPS Growth (50%) and the Company's reduction in greenhouse gas emissions (10%) over a 3-year performance period. The detailed performance conditions will be provided in the 2026 Directors' Remuneration Report.

The Awards will (subject to the achievement of the performance conditions) vest following the end of the performance period, for Rutger Helbing and Chris McLeish the LTIP may not ordinarily be exercised until the end of a further two-year holding period.

Deferred Bonus Plan awards in respect of 2025 bonuses

On 18 March 2026 the Company granted awards under the rules of its Deferred Bonus Plan in respect of bonuses earned for the year ended 31 December 2025. The Company confirms that:

Director / PDMR	Name	Job Title	Type of award	Number of shares
Director	Rutger Helbing	Chief Executive Officer	Nil-cost option	19,365
Director	Chris McLeish	Chief Executive Officer	Nil-cost option	2,378
PDMR	Tim Tehan	Group President	Conditional award	3,335
PDMR	Nick Adcock	Group President	Nil-cost option	1,596

The awards will vest following the end of a two-year deferral period.

The Notification of Dealing Forms for the above transactions are set out below:

Notification of Dealing Form for Rutger Helbing

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Rutger Helbing
2.	Reason for the notification
(a)	Position/status	Chief Executive Officer
(b)	Initial notification/ Amendment	Initial notification
3.	Details of the issuer
(a)	Name	Hill & Smith PLC
(b)	LEI	2138003A3ISGQZBOWI83
4.1	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 £0.25 each
(b)	Identification code of the Financial Instrument	GB0004270301
(c)	Nature of the transaction	Grant of nil-cost options under the Hill & Smith 2023 Long Term Incentive Plan
(d)	Price(s) and volume(s)	Price(s) Volume Nil 57,935
(e)	Aggregated information: -       Aggregated volume -       Price	N/A
(f)	Date of the transaction	18 March 2026
(g)	Place of the transaction	Outside a trading venue
4.2	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 £0.25 each
(b)	Identification code of the Financial Instrument	GB0004270301
(c)	Nature of the transaction	Grant of nil-cost option under the Hill & Smith Deferred Bonus Plan
(d)	Price(s) and volume(s)	Price(s) Volume Nil 19,365
(e)	Aggregated information: -       Aggregated volume -       Price	N/A
(f)	Date of the transaction	18 March 2026
(g)	Place of the transaction	Outside a trading venue

Notification of Dealing Form for Chris McLeish

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Chris McLeish
2.	Reason for the notification
(a)	Position/status	Chief Financial Officer
(b)	Initial notification/ Amendment	Initial notification
3.	Details of the issuer
(a)	Name	Hill & Smith PLC
(b)	LEI	2138003A3ISGQZBOWI83
4.1	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 £0.25 each
(b)	Identification code of the Financial Instrument	GB0004270301
(c)	Nature of the transaction	Grant of nil-cost options under the Hill & Smith 2023 Long Term Incentive Plan
(d)	Price(s) and volume(s)	Price(s) Volume Nil 32,717
(e)	Aggregated information: -       Aggregated volume -       Price	N/A
(f)	Date of the transaction	18 March 2026
(g)	Place of the transaction	Outside a trading venue
4.2	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 £0.25 each
(b)	Identification code of the Financial Instrument	GB0004270301
(c)	Nature of the transaction	Grant of nil-cost options under the Hill & Smith Deferred Bonus Plan
(d)	Price(s) and volume(s)	Price(s) Volume Nil 2,378
(e)	Aggregated information: -       Aggregated volume -       Price	N/A
(f)	Date of the transaction	18 March 2026
(g)	Place of the transaction	Outside a trading venue

Notification of Dealing Form for Tim Tehan

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Tim Tehan
2.	Reason for the notification
(a)	Position/status	Group President
(b)	Initial notification/ Amendment	Initial notification
3.	Details of the issuer
(a)	Name	Hill & Smith PLC
(b)	LEI	2138003A3ISGQZBOWI83
4.1	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 £0.25 each
(b)	Identification code of the Financial Instrument	GB0004270301
(c)	Nature of the transaction	Grant of a Conditional Award under the Hill & Smith 2023 Long Term Incentive Plan
(d)	Price(s) and volume(s)	Price(s) Volume Nil 20,053
(e)	Aggregated information: -       Aggregated volume -       Price	N/A
(f)	Date of the transaction	18 March 2026
(g)	Place of the transaction	Outside a trading venue
4.2	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 £0.25 each
(b)	Identification code of the Financial Instrument	GB0004270301
(c)	Nature of the transaction	Grant of a Conditional Award under the Hill & Smith Deferred Bonus Plan
(d)	Price(s) and volume(s)	Price(s) Volume Nil 3,335
(e)	Aggregated information: -       Aggregated volume -       Price	N/A
(f)	Date of the transaction	18 March 2026
(g)	Place of the transaction	Outside a trading venue

Notification of Dealing Form for Nicholas Adcock

1.	Details of the person discharging managerial responsibilities/person closely associated
(a)	Name	Nick Adcock
2.	Reason for the notification
(a)	Position/status	Group President
(b)	Initial notification/ Amendment	Initial notification
3.	Details of the issuer
(a)	Name	Hill & Smith PLC
(b)	LEI	2138003A3ISGQZBOWI83
4.1	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 £0.25 each
(b)	Identification code of the Financial Instrument	GB0004270301
(c)	Nature of the transaction	Grant of nil-cost options under the Hill & Smith 2023 Long Term Incentive Plan
(d)	Price(s) and volume(s)	Price(s) Volume Nil 13,482
(e)	Aggregated information: -       Aggregated volume -       Price	N/A
(f)	Date of the transaction	18 March 2026
(g)	Place of the transaction	Outside a trading venue
4.2	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 £0.25 each
(b)	Identification code of the Financial Instrument	GB0004270301
(c)	Nature of the transaction	Grant of nil-cost options under the Hill & Smith Deferred Bonus Plan
(d)	Price(s) and volume(s)	Price(s) Volume Nil 1,596
(e)	Aggregated information: -       Aggregated volume -       Price	N/A
(f)	Date of the transaction	18 March 2026
(g)	Place of the transaction	Outside a trading venue

Enquiries:

Karen Atterbury

Company Secretary

0121 704 7430

 

END