Grant of awards under the LTIP

RNS Number : 2596B

HSS Hire Group PLC

05 June 2019

 

HSS Hire Group plc

Director/PDMR Shareholding

Grant of awards under the LTIP

On 4 June 2019, HSS Hire Group plc (the "Company") granted nil-cost options over ordinary shares in the Company in accordance with the Company's 2015 Long Term Incentive Plan (the "Plan") to the Executive Directors and other Person Discharging Managerial Responsibilities set out below.

Name	Number of shares subject to award
Steve Ashmore	1,020,833
Paul Quested	736,111
Tom Shorten	736,111

The vesting of the awards is subject to the satisfaction of performance conditions based on EPS and ROCE as referred to in the Directors' Remuneration Report in the Company's Annual Report and Accounts for the year ended 29 December 2018, which will be assessed over three financial years.  To the extent the awards vest, they will be subject to a two year holding period following the end of the performance period. 

This announcement, including the notifications below, has been made in accordance with the requirements of the EU Market Abuse Regulation.

 

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	Steve Ashmore
2.	Reason for the notification
a)	Position / status	Chief Executive Officer
b)	Initial notification / amendment	Initial notification
3.	Details of the issuer
a)	Name	HSS Hire Group plc
b)	LEI	2138004DGL1J6VQO6S92
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, type of instrument	Ordinary shares of 1p each in the capital of HSS Hire Group plc
b)	Identification code	GB00BVFD4645
c)	Nature of the transaction	Grant of option
d)	Price(s) and volume(s)	Price(s) Volume(s) N/A 1,020,833
e)	Aggregated information -     Volume -     Price	N/A
f)	Date of the transaction	4 June 2019
g)	Place of the transaction	Outside a trading venue

 

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	Paul Quested
2.	Reason for the notification
a)	Position / status	Chief Financial Officer
b)	Initial notification / amendment	Initial notification
3.	Details of the issuer
a)	Name	HSS Hire Group plc
b)	LEI	2138004DGL1J6VQO6S92
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, type of instrument	Ordinary shares of 1p each in the capital of HSS Hire Group plc
b)	Identification code	GB00BVFD4645
c)	Nature of the transaction	Grant of option
d)	Price(s) and volume(s)	Price(s) Volume(s) N/A 736,111
e)	Aggregated information -     Volume -     Price	N/A
f)	Date of the transaction	4 June 2019
g)	Place of the transaction	Outside a trading venue

 

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	Tom Shorten
2.	Reason for the notification
a)	Position / status	Chief Commercial Officer
b)	Initial notification / amendment	Initial notification
3.	Details of the issuer
a)	Name	HSS Hire Group plc
b)	LEI	2138004DGL1J6VQO6S92
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, type of instrument	Ordinary shares of 1p each in the capital of HSS Hire Group plc
b)	Identification code	GB00BVFD4645
c)	Nature of the transaction	Grant of option
d)	Price(s) and volume(s)	Price(s) Volume(s) N/A 736,111
e)	Aggregated information -     Volume -     Price	N/A
f)	Date of the transaction	4 June 2019
g)	Place of the transaction	Outside a trading venue

 

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