Director/PDMR Shareholding

Ashtead Group PLC

20^th June 2017

Director / PDMR Shareholding

Ashtead Group plc (the “Company”) announces that on 19^th June 2017 it made the annual awards for 2017 to 193 senior executives under its Performance Share Plan (“PSP”).

Awards under the PSP comprise the conditional right to receive ordinary shares of 10p each, which for the directors ordinarily vest on the fifth anniversary of grant for awards made on and after 2017. Vesting of awards is 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.

The following awards were made to the executive directors and PDMRs:

Director		Number of ordinary 10p
		shares covered by the award
Geoff Drabble		97,287
Sat Dhaiwal		26,195
Brendan Horgan		66,108
Suzanne Wood		46,591
Kurt Kenkel	*	17,300
Russ Brown	*	16,527
Francis Hassis	*	16,527
Tim Robinette	*	8,880
Phil Parker	**	5,395

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 the awards made to its executive directors and PDMRs in June 2014 vested on 19^th June 2017.

As a result of the vesting of the 2014 award the directors and PDMRs received the following number of ordinary 10p shares:

Geoff Drabble	111,314
Sat Dhaiwal	27,794
Brendan Horgan	46,683
Suzanne Wood	45,834
Kurt Kenkel	22,486
Russ Brown	21,474
Francis Hassis	21,474
Tim Robinette	4,319

The directors and PDMRs sold these ordinary 10p shares on 19^th June 2017 at 1,622 pence per share.

The directors’ total shareholdings are:

	Number of ordinary 10p shares	Percentage of issued Share capital
Geoff Drabble	1,334,159	0.27
Sat Dhaiwal	150,000	0.03
Brendan Horgan	493,874	0.10
Suzanne Wood	208,805	0.04

*     Sunbelt Rentals’ operational executives

**   A Plant’s finance director

Contact:

Eric Watkins, General Counsel. Tel: [phone]