Director/PDMR Shareholding

RNS Number : 5241H

Hill & Smith Hldgs PLC

16 March 2015

HILL & SMITH HOLDINGS PLC

Hill & Smith 2007 Long-term Incentive Plan

Notification under paragraphs 3.1.2R to 3.1.4R of the Disclosure and Transparency Rules

Hill & Smith Holdings PLC announces that the Remuneration Committee has approved the vesting of 92.7% of the awards that had been made on 21 March 2012 to the below Directors and persons discharging managerial responsibilities in accordance with the rules of the Hill & Smith Holdings PLC 2007 Long-term Incentive Plan.

	Share awards granted on 21 March 2012	Dividend Reinvestment	Shares Vested under 2012 award
Derek Muir	125,091	13,226	128,820
Mark Pegler	73,941	8,434	81,759
Mark Tonks	58,886	6,224	60,339

The participants are not required to make any payment for the vesting shares which vest on achievement of specified performance targets of growth in underlying earnings per share and relative total shareholder return.

As a result of the above vesting and the sale of some of the vested shares to meet the tax and national insurance liability payable by the individual, the current shareholdings of each individual is as follows:

	Number of shares sold	Disposal price (per share)	Outstanding LTIP Awards	Resultant Beneficial interest	Resultant holding (%)
Derek Muir	60,264	594p	178,447	211,698	0.27
Mark Pegler	38,427	594p	114,109	94,730	0.12
Mark Tonks	28,359	594p	37,600	52,454	0.07