REG - Hill & Smith Hldgs. - Director/PDMR Shareholding

Hill & SmithAnnouncement

16/03/2022 15:45

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RNS Number : 0312F  Hill & Smith Holdings PLC  16 March 2022

Hill & Smith Holdings PLC ('Hill & Smith' or 'the Company')

Director Shareholdings

16 March 2022

Hill & Smith announces the following dealings by Directors of the Company
in connection with its employee share plan arrangements.

Hill & Smith 2014 Long-Term Incentive Plan - 2022 LTIP Award

On 16 March 2022 the Company granted awards under the Hill & Smith
Holdings 2014 Long Term Incentive Plan (the "LTIP").  The awards have been
granted in the form of rights to acquire ordinary shares in the Company.

Paul Simmons (Chief Executive Officer) has been granted an award over 59,541
ordinary shares and Hannah Nichols (Chief Financial Officer) has been granted
an award over 31,487 ordinary shares.

The vesting of the Awards is subject to the achievement of performance
conditions assessed over the three year performance period 2022 - 2024,
details of which are included in the Directors' Remuneration Report for the
year ended 31 December 2021.

The Awards will (subject to the achievement of the performance conditions)
vest following the end of the performance period but may not ordinarily be
exercised until the end of a further two-year holding period.

Deferred Bonus Plan awards in respect of 2021 bonuses

On 16 March 2022 the Company granted awards under the rules of its Deferred
Bonus Plan in respect of bonuses earned for the year ending 31 December 2021.

Paul Simmons has been granted an award over 25,435 ordinary shares and Hannah
Nichols has been granted an award over 13,298 ordinary shares.

The awards will vest following the end of a two-year deferral period.

Exercise of share award

In its 2020 Directors' Remuneration Report, the Company announced that it had
granted Paul Simmons awards over Hill & Smith ordinary shares in respect
of remuneration forfeited at his former employer. The first of these awards
vested in July 2021 and was exercised on 11 March 2022.

Paul acquired 15,135 shares pursuant to the exercise, being the number of
shares net of the tax and National Insurance liability.

Paul has retained all of the shares acquired pursuant to the exercise of this
award.

 

2022 LTIP Awards

 1.   Details of the person discharging managerial responsibilities/person closely
      associated
 (a)  Name                                             Mr P Simmons
 2.   Reason for the notification
 (a)  Position/status                                  Chief Executive Officer
 (b)  Initial notification/ Amendment                  Initial notification
 3.   Details of the issuer
 (a)  Name                                             Hill & Smith Holdings plc
 (b)  LEI                                              2138003A3ISGQZBOWI83
 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 £0.25 each
 (b)  Identification code of the Financial Instrument  GB0004270301
 (c)  Nature of the transaction                        Grant of 2022 LTIP award
 (d)  Price(s) and volume(s)                           Price(s)  Volume
                                                       Nil       59,541

 
 (e)  Aggregated information                           N/A single transaction
 (f)  Date of the transaction                          16 March 2022
 (g)  Place of the transaction                         Outside a trading venue

 

(e)

Aggregated information

N/A single transaction

(f)

Date of the transaction

16 March 2022

(g)

Place of the transaction

Outside a trading venue

 

 

 1.   Details of the person discharging managerial responsibilities/person closely
      associated
 (a)  Name                                             Mrs H K Nichols
 2.   Reason for the notification
 (a)  Position/status                                  Chief Financial Officer
 (b)  Initial notification/ Amendment                  Initial notification
 3.   Details of the issuer
 (a)  Name                                             Hill & Smith Holdings plc
 (b)  LEI                                              2138003A3ISGQZBOWI83
 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 £0.25 each
 (b)  Identification code of the Financial Instrument  GB0004270301
 (c)  Nature of the transaction                        Grant of 2022 LTIP award
 (d)  Price(s) and volume(s)                           Price(s)  Volume
                                                       Nil       31,487

 
 (e)  Aggregated information                           N/A single transaction
 (f)  Date of the transaction                          16 March 2022
 (g)  Place of the transaction                         Outside a trading venue

 

(e)

Aggregated information

N/A single transaction

(f)

Date of the transaction

16 March 2022

(g)

Place of the transaction

Outside a trading venue

 

 

Deferred Bonus Plan awards

 1.   Details of the person discharging managerial responsibilities/person closely
      associated
 (a)  Name                                             Mr P Simmons
 2.   Reason for the notification
 (a)  Position/status                                  Chief Executive Officer
 (b)  Initial notification/ Amendment                  Initial notification
 3.   Details of the issuer
 (a)  Name                                             Hill & Smith Holdings plc
 (b)  LEI                                              2138003A3ISGQZBOWI83
 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 £0.25 each
 (b)  Identification code of the Financial Instrument  GB0004270301
 (c)  Nature of the transaction                        Grant of Deferred Bonus Plan award
 (d)  Price(s) and volume(s)                           Price(s)  Volume
                                                       Nil       25,435

 
 (e)  Aggregated information                           N/A single transaction
 (f)  Date of the transaction                          16 March 2022
 (g)  Place of the transaction                         Outside a trading venue

 

(e)

Aggregated information

N/A single transaction

(f)

Date of the transaction

16 March 2022

(g)

Place of the transaction

Outside a trading venue

 

 

 1.   Details of the person discharging managerial responsibilities/person closely
      associated
 (a)  Name                                             Mrs H K Nichols
 2.   Reason for the notification
 (a)  Position/status                                  Chief Financial Officer
 (b)  Initial notification/ Amendment                  Initial notification
 3.   Details of the issuer
 (a)  Name                                             Hill & Smith Holdings plc
 (b)  LEI                                              2138003A3ISGQZBOWI83
 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 £0.25 each
 (b)  Identification code of the Financial Instrument  GB0004270301
 (c)  Nature of the transaction                        Grant of Deferred Bonus Plan award
 (d)  Price(s) and volume(s)                           Price(s)  Volume
                                                       Nil       13,298

 
 (e)  Aggregated information                           N/A single transaction
 (f)  Date of the transaction                          16 March 2022
 (g)  Place of the transaction                         Outside a trading venue

 

(e)

Aggregated information

N/A single transaction

(f)

Date of the transaction

16 March 2022

(g)

Place of the transaction

Outside a trading venue

 

 

Exercise of share award

 1.   Details of the person discharging managerial responsibilities/person closely
      associated
 (a)  Name                                             Mr P Simmons
 2.   Reason for the notification
 (a)  Position/status                                  Chief Executive Officer
 (b)  Initial notification/ Amendment                  Initial notification
 3.   Details of the issuer
 (a)  Name                                             Hill & Smith Holdings plc
 (b)  LEI                                              2138003A3ISGQZBOWI83
 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 £0.25 each
 (b)  Identification code of the Financial Instrument  GB0004270301
 (c)  Nature of the transaction                        Acquisition of shares pursuant to the exercise of a share award
 (d)  Price(s) and volume(s)                           Price(s)  Volume
                                                       Nil       15,135

 
 (e)  Aggregated information                           N/A single transaction
 (f)  Date of the transaction                          11 March 2022
 (g)  Place of the transaction                         Outside a trading venue

 

(e)

Aggregated information

N/A single transaction

(f)

Date of the transaction

11 March 2022

(g)

Place of the transaction

Outside a trading venue

 

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