REG - Speedy Hire PLC - Director/PDMR Shareholding

Speedy HireAnnouncement

26/06/2020 12:50

RNS Number : 2548R
  
Speedy Hire PLC
  
26 June 2020
  
 

Speedy Hire Plc (the "Company")
Notification of transactions by Persons Discharging Managerial Responsibilities 
The Company announces the following transaction by a person discharging managerial responsibilities in ordinary shares of 5p each in the Company.
 
On 25 June 2020 Chris Morgan acquired 955,943 shares by exercising nil cost options granted on 22 June 2016 and 12 June 2017 pursuant to the Company's 2014 Performance Share Plan and subsequently sold on the same day 449,293 of those shares in order to fund resulting tax liabilities.
 
The Notification of Dealing Forms set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.
 
Notification of Dealing Forms
 



1.


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Chris Morgan




2.


Reason for the notification




a)


Position / status 


Group Finance Director




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


Exercise of 955,943 options under the Speedy Hire Plc Performance Share Plan 2014




c) 


Price(s) and volume(s)





Price(s)


Volume(s)




£Nil Cost
 


955,943
 








d)





Aggregated information




-      Aggregated volume




-      Price
 






 

N/A




e) 


Date of the transaction


2020-06-25




f)


Place of the transaction 


Outside a trading venue



 



1.


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Chris Morgan




2.


Reason for the notification




a)


Position / status 


Group Finance Director




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


Partial sale of shares obtained under the Speedy Hire Plc Performance Share Plan 2014 to satisfy tax liability




c) 


Price(s) and volume(s)





Price(s)


Volume(s)




£0.590816
 


449,293
 








d)





Aggregated information




-      Aggregated volume




-      Price
 






 

449,293
£0.590816




e) 


Date of the transaction


2020-06-25




f)


Place of the transaction 


London Stock Exchange





Enquiries:
Neil Hunt
Company Secretary
Speedy Hire Plc
Telephone:  01942 720000


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