REG - HSS Hire Group PLC - Competition clearance

HSS HireAnnouncement

15/05/2025 07:00

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RNS Number : 7523I  HSS Hire Group PLC  15 May 2025

 

15 May 2025

 

HSS Hire Group plc

Competition clearance: sale of HSS Hire Ireland Limited

 

HSS Hire Group plc ("HSS") welcomes the announcement from the Competition and
Consumer Protection Commission (CCPC) in Ireland that it has given
unconditional clearance for Grafton Group plc to acquire the entire issued
share capital of HSS Hire Ireland Limited from HSS.

Completion of the transaction is expected to take place at the end of May
2025.

-Ends-

For further information, please contact:

 HSS Hire Group plc                               Email: Investors@hss.com
 Steve Ashmore, Executive Chair, HSS ProService
 Richard Jones, Group Chief Financial Officer

 FTI Consulting                                   Tel: 020 3727 1340
 Nick Hasell
 Victoria Hayns

 Numis Securities (Nominated Adviser and Broker)  Tel: 020 7260 1000
 Stuart Skinner
 George Price

Notes to editors

HSS Hire Group plc operates through two separate but complementary businesses
serving predominantly business customers:

HSS ProService ("Pro") is the leading Digital marketplace business focussed on
customer and supplier acquisition. Technology driven, scalable and uniquely
differentiated. Wide range of building services, including hire, resale,
materials, training and more

The Hire Services Company ("THSC") formerly known as HSS Operations, provides
tool and equipment hire and related services in the UK through a nationwide
network of Group companies and third-party suppliers. It offers a one-stop
shop for all equipment through a combination of its complementary rental and
re-hire business to a diverse, predominantly B2B customer base serving a range
of end markets and activities.

HSS is listed on the AIM Market of the London Stock Exchange. For more
information, please see www.hsshiregroup.com (http://www.hsshiregroup.com) .

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