Director/PDMR Shareholding

Ashtead Group PLC

5 July 2016

Director / PDMR Shareholding

Ashtead Group plc (the “Company”) announces that on 4 July 2016 it made the annual awards for 2016 to 170 senior executives under its Performance Share Plan (“PSP”).

Awards under the PSP comprise the conditional right to receive ordinary shares of 10p each which normally vest on the third anniversary of grant subject to continued employment and the achievement of challenging performance targets set by the Remuneration Committee.  The Company intends to utilise shares held by the Group’s Employee Share Ownership Trust to fulfil any obligations to award shares to employees which may arise in 2019.

The following awards were made to the executive directors:

Director	Number of shares covered by the award
Geoff Drabble	143,446
Sat Dhaiwal	38,624
Brendan Horgan	93,584
Suzanne Wood	65,960

The exercise price for the above awards is GBP1 for all ordinary shares to which the award relates.  No consideration was paid for the grant of any of these awards.

The Company further announces that 97^.5% of the awards made to its executive directors in July 2013 vested on 4 July 2016

As a result of vesting each director received the following number of shares:

Geoff Drabble	117,418
Sat Dhaiwal	32,280
Brendan Horgan	50,018
Suzanne Wood	47,415

Geoff Drabble, Sat Dhaiwal, Brendan Horgan and Suzanne Wood sold these shares on 4 July 2016 at 1068 pence per share.

The directors’ total shareholdings are:

	Number of shares	Percentage of issued Share capital
Geoff Drabble	1,334,159	0.24
Sat Dhaiwal	398,375	0.07
Brendan Horgan	493,874	0.09
Suzanne Wood	208,805	0.04

Contact:

Eric Watkins, General Counsel. Tel: [phone]