REG - HSS Hire Group PLC - Results of General Meeting

HSS HireAnnouncement

06/11/2025 16:00

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RNS Number : 5383G  HSS Hire Group PLC  06 November 2025

6 November 2025

HSS Hire Group plc

Results of General Meeting ("GM")

HSS Hire Group plc (the "Company") announces that at the GM held earlier
today, all resolutions set out in the notice of meeting of shareholders dated
17 October 2025 ("Notice of Meeting"), including shareholder approval of the
transactions contemplated by the THSC Disposal and the Speedy Hire Investment
(as such terms, and any other terms in this announcement not otherwise defined
in this announcement, are defined in the circular accompanying the Notice of
Meeting) (together with the Speedy Hire Commercial Agreement, the
"Transaction"), were voted on a poll and were duly passed by the requisite
majorities.

Next steps and expected timetable

Following shareholder approval of resolutions 5, 6 and 9, the Transaction
remains inter-conditional but, otherwise, subject only to the satisfaction of
the CMA Condition and admission of the shares subscribed for by Speedy Hire
plc to trading on AIM ("Admission"). The CMA has confirmed to the Company and
Speedy Hire plc that it has no further questions in response to the briefing
paper submitted by Speedy Hire plc in connection with the Transaction, but the
CMA Condition cannot be satisfied until the dealing day before Admission.
Except for the inter-conditionality of the Transaction, Admission is the last
condition to the Transaction to be satisfied, which is currently anticipated
to be at 8.00 a.m. on 17 November 2025. The change of name of the Company to
ProService Building Services Marketplace plc is expected to become effective
shortly after Admission.

Accordingly, application has been made to the London Stock Exchange for the
79,368,711 new Ordinary Shares to be admitted to trading on AIM and it is
expected that Admission will become effective and trading will commence at
8.00 a.m. on or around 17 November 2025.

The results of the poll are set out below.

 

 Ordinary resolutions                                                             Votes for    % Votes for (1)  Votes against  % Votes against (1)  Total votes validly cast  % of issued share capital voted (1,2,3)  Votes withheld(2)
 Resolution 1:                                                                    589,815,232  99.99%           71,450         0.01%                589,886,682               82.49                                    11,598,003

 To receive the Company's annual accounts and the reports of the Directors and
 auditors thereon for the financial year ended 31 March 2025.
 Resolution 2:                                                                    540,341,097  98.12%           10,350,242     1.88%                550,691,339               77.01                                    50,793,346

 To approve the Directors' remuneration report (including the directors'
 remuneration policy) for the financial year ended 31 March 2025.
 Resolution 3:                                                                    550,782,798  99.98%           112,576        0.02%                550,895,374               77.04                                    50,589,311

 To re-appoint BDO LLP as the Company's auditors until the conclusion of the
 next general meeting of the Company at which accounts are laid.
 Resolution 4:                                                                    589,608,001  99.98%           104,690        0.02%                589,712,691               82.46                                    11,771,994

 To authorise the Directors to fix the remuneration of the Company's auditor.
 Resolution 5:                                                                    589,517,069  99.97%           192,622        0.03%                589,709,691               82.46                                    11,774,994

 To, subject to and conditional upon the passing of resolutions 6 and 9,
 authorise the Directors to allot shares in the Company.
 Resolution 6:                                                                    589,764,071  99.98%           128,303        0.02%                589,892,374               82.49                                    11,592,311

 To, subject to and conditional upon the passing of resolutions 5, and 9,
 approve the THSC Disposal and the Speedy Hire APA, as a fundamental change in
 business for the purposes of Rule 15 of the AIM Rules for Companies.
 Resolution 7:                                                                    589,699,752  99.97%           192,622        0.03%                589,892,374               82.49                                    11,592,311

 To, subject to and conditional upon the passing of resolutions 5, 6 and 9,
 authorise the directors to allot shares in the Company or rights to subscribe
 for, or convert any securities into, shares in the Company.
 Resolution 8:                                                                    589,694,416  99.97%           192,958        0.03%                589,887,374               82.49                                    11,597,311

 To, subject to and conditional upon the passing of resolutions 5, 6 and 9 and
 Admission occurring, change the name of the Company to ProService Building
 Services Marketplace plc.
 Resolution 9:                                                                    589,598,448  99.95%           286,863        0.05%                589,885,311               82.49                                    11,599,374

 To, subject to and conditional upon the passing of resolutions 5 and 6,
 authorise the Directors to allot equity securities for cash as if s.561 did
 not apply.
 Resolution 10:                                                                   589,594,538  99.95%           290,773        0.05%                589,885,311               82.49                                    11,599,374

 To, subject to and conditional upon the passing of resolution 7, authorise the
 Directors to allot equity securities for cash as if s.561 did not apply.
 Resolution 11:                                                                   589,602,942  99.95%           282,369        0.05%                589,885,311               82.49                                    11,599,374

 To, subject to and conditional upon the passing of resolution 7, authorise the
 Directors to allot equity securities for cash as if s.561 did not apply.

Notes:

1.     The percentages above are rounded to two decimal places.

2.     A "vote withheld" is not a vote in law and is not counted in the
calculation of the proportion of votes "for" or "against" a resolution.

3.     The number of ordinary shares in issue on 6 November 2025 was
715,112,880. Shareholders are entitled to one vote per share.

 

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

 Canaccord Genuity Limited (Nominated Adviser and Joint Broker)  Tel: 020 7523 8000
 Andrew Potts
 George Grainger

 Singer Capital Markets (Joint Broker)                           Tel: 020 7496 3000
 Alex Bond / Rick Thompson (Investment Banking)
 Rhys Williams (Equity Sales)

 

 

Notes to editors

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

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