Director/PDMR Shareholding

RNS Number : 2548R

Speedy Hire PLC

26 June 2020

 

Speedy Hire Plc (the "Company")

Notification of transactions by Persons Discharging Managerial Responsibilities

The Company announces the following transaction by a person discharging managerial responsibilities in ordinary shares of 5p each in the Company.

On 25 June 2020 Chris Morgan acquired 955,943 shares by exercising nil cost options granted on 22 June 2016 and 12 June 2017 pursuant to the Company's 2014 Performance Share Plan and subsequently sold on the same day 449,293 of those shares in order to fund resulting tax liabilities.

The Notification of Dealing Forms set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.

Notification of Dealing Forms

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Chris Morgan
2.	Reason for the notification
a)	Position / status	Group Finance Director
b)	Initial notification / amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Speedy Hire Plc
b)	LEI	213800U78SIYAZDYXM61
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	Ordinary shares of 5 pence each
	Identification code	GB0000163088
b)	Nature of the transaction	Exercise of 955,943 options under the Speedy Hire Plc Performance Share Plan 2014
c)	Price(s) and volume(s)	Price(s) Volume(s) £Nil Cost 955,943
d)	Aggregated information -  Aggregated volume -  Price	N/A
e)	Date of the transaction	2020-06-25
f)	Place of the transaction	Outside a trading venue

1.	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Chris Morgan
2.	Reason for the notification
a)	Position / status	Group Finance Director
b)	Initial notification / amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Speedy Hire Plc
b)	LEI	213800U78SIYAZDYXM61
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	Ordinary shares of 5 pence each
	Identification code	GB0000163088
b)	Nature of the transaction	Partial sale of shares obtained under the Speedy Hire Plc Performance Share Plan 2014 to satisfy tax liability
c)	Price(s) and volume(s)	Price(s) Volume(s) £0.590816 449,293
d)	Aggregated information -  Aggregated volume -  Price	449,293 £0.590816
e)	Date of the transaction	2020-06-25
f)	Place of the transaction	London Stock Exchange

Enquiries:

Neil Hunt

Company Secretary

Speedy Hire Plc

Telephone:  [phone]

 

END

 

 

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