Director/PDMR Shareholding

RNS Number : 3638K

HSS Hire Group PLC

05 May 2022

 

HSS Hire Group plc (the "Company")

Director/PDMR Shareholding

Surrender of LTIP awards

On 4 May 2022 , the Executive Directors and Person Discharging Managerial Responsibilities set out in the table below ("Executives") surrendered nil-cost options over ordinary shares in the Company ("Awards"). The Awards were granted in accordance with the Company's 2015 Long Term Incentive Plan on 4 June 2019 and were surrendered irrevocably in return for no consideration.

The value to which the Executives would have been entitled pursuant to the Awards will be provided through an Existing Schemes Award ("ESA") granted to the Executives on 25 February 2021. The ESA is summarised in the Directors' Remuneration Report 2021.

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

The notification below, made pursuant to Article 19 of the Market Abuse Regulation, provides further information about these transactions.

1	Details of the person discharging managerial responsibilities/person closely associated
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 code	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 Identification code	Ordinary shares of 1p each in the capital of HSS Hire Group plc
b)	Identification code	GB00BVFD4645
c)	Nature of the transaction	Surrender of nil-cost options over o rdinary shares of 1p each in the capital of HSS Hire Group plc
d)	Price(s) and volume(s)	Price Volume N/A N/A
e)	Aggregated information - Aggregated volume - Price	N/A
f)	Date of the transaction	4 May 2022
g)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
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 code	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 Identification code	Ordinary shares of 1p each in the capital of HSS Hire Group plc
b)	Identification code	GB00BVFD4645
c)	Nature of the transaction	Surrender of nil-cost options over o rdinary shares of 1p each in the capital of HSS Hire Group plc
d)	Price(s) and volume(s)	Price Volume N/A N/A
e)	Aggregated information - Aggregated volume - Price	N/A
f)	Date of the transaction	4 May 2022
g)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
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 code	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 Identification code	Ordinary shares of 1p each in the capital of HSS Hire Group plc
b)	Identification code	GB00BVFD4645
c)	Nature of the transaction	Surrender of nil-cost options over o rdinary shares of 1p each in the capital of HSS Hire Group plc
d)	Price(s) and volume(s)	Price Volume N/A N/A
e)	Aggregated information - Aggregated volume - Price	N/A
f)	Date of the transaction	4 May 2022
g)	Place of the transaction	Outside a trading venue

 

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