Director/PDMR Shareholding
Speedy Hire Plc (the "Company")
Notification of transactions by Persons Discharging Managerial Responsibilities
Today, restricted share awards ("RSAs" and each a "RSA") over ordinary shares of 5 pence each in the share capital of the Company ("Shares") were granted under the Company's 2024 Performance Share Plan ("PSP") to the following persons discharging managerial responsibilities ("PDMRs"):
Participant
Position
No. of Shares over which the RSAs were granted
Grant Level as a % of Base Salary
Dan Evans
Chief Executive
1,262,755
37.5%
Judith Cottrell
Chief Financial Officer
953,748
37.5%
In the normal course of events, the RSAs will become exercisable as from the third anniversary of their grant, subject to the grantee's continued service and the RSA's underpin conditions.
The underpin conditions provide discretion for the Company's Remuneration Committee to potentially scale back vesting levels (or cancel the RSAs) if it considers that the Company's underlying performance, delivery against its strategic plans and/or the grantee's personal performance over the RSAs vesting period is less than satisfactory.
The RSAs were granted in the form of nil-cost options and are subject to the rules of the PSP at all times including that these RSAs are subject to a post vesting holding period (net of tax) operating to up to the fifth anniversary of grant.
The RSAs were granted under the Company's new remuneration policy for Directors approved at the Company's 2026 Annual General Meeting.
The information set out below is provided in accordance with the requirements of UK MAR.
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Dan Evans
2.
Reason for the notification
a)
Position / status
Chief Executive
b)
Initial notification / amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Speedy Hire Plc
b)
LEI
213800U78SIYAZDYXM61
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 5 pence each
Identification code
GB0000163088
b)
Nature of the transaction
Grant of RSA under the Speedy Hire Plc Performance Share Plan 2024
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
1,262,755
d)
Aggregated information
- Aggregated volume
- Price
N/A single transaction
e)
Date of the transaction
2026-09-23
f)
Place of the transaction
Outside a trading venue
1.
Details of the person discharging managerial responsibilities / person closely associated
a)
Name
Judith Cottrell
2.
Reason for the notification
a)
Position / status
Chief Financial Officer
b)
Initial notification / amendment
Initial notification
3.
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Speedy Hire Plc
b)
LEI
213800U78SIYAZDYXM61
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 5 pence each
Identification code
GB0000163088
b)
Nature of the transaction
Grant of RSA under the Speedy Hire Plc Performance Share Plan 2024
c)
Price(s) and volume(s)
Price(s)
Volume(s)
Nil
953,748
d)
Aggregated information
- Aggregated volume
- Price
N/A single transaction
e)
Date of the transaction
2026-09-23
f)
Place of the transaction
Outside a trading venue
Enquiries:
Neil Hunt
Company Secretary
Speedy Hire Plc
Telephone: 01942 720000
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