REG - HSS Hire Group PLC - Grant of awards under the LTIP

HSS HireAnnouncement

05/06/2019 13:20

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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