REG - Speedy Hire PLC - Director/PDMR Shareholding

Speedy HireAnnouncement

30/12/2020 12:45

RNS Number : 1691K
  
Speedy Hire PLC
  
30 December 2020
  
 

 
Speedy Hire Plc (the "Company")
Notification of transactions by Persons Discharging Managerial Responsibilities 

("PDMR")
 
The Company announces the following transaction by a PDMR in the Company's ordinary 5p shares ("Shares"):
 
Pursuant to invitations issued on 25 November 2020 to all eligible UK employees, options over an aggregate of 2,605,222 Shares were granted on 30 December 2020 under the Company's UK SAYE Scheme (the "Scheme"). The Scheme is an all-employee scheme which gives the opportunity to employees to acquire Shares at a discount of 20% of the market value of the Shares at the time the invitation was issued.
 
Options were granted to a PDMR, as follows: 
 
 



PDMR


Position / status


Number of share

options granted under the SAYE Scheme




Russell Down


Chief Executive


3,786



 
 
In consideration of these options, the grantee will make monthly savings during the associated three year savings contract. The exercise price is 55.144 pence per Share.
These options will normally be exercisable during a six month period commencing 1 February 2024.
The Notification of Dealing Form set out below is provided in accordance with the FCA disclosure requirements under the Market Abuse Regime:



1.


Details of the person discharging managerial responsibilities / person closely associated




a)


Name


Russell Down




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 options under The Speedy Hire 2014 Sharesave Scheme  




c) 


Price(s) and volume(s)





Price(s)


Volume(s)




£0.55144  


3,786








d)


Aggregated information 
-      Aggregated volume 
-      Price 


N/A
 
 




e) 


Date of the transaction


2020-12-30




f)


Place of the transaction 


Outside a trading venue



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

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