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RNS Number : 9519V Speedy Hire PLC 16 December 2021
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 24 November 2021 to all eligible UK
employees, options over an aggregate of 2,636,083 Shares were granted on 16
December 2021 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
James Bunn Chief Financial Officer 14,200
In consideration of these options, the grantee will make monthly savings
during the associated three year savings contract. The exercise price is 55.52
pence per Share.
These options will normally be exercisable during a six month period
commencing 1 February 2025.
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 James Bunn
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 options under The Speedy Hire 2014 Sharesave Scheme
c) Price(s) and volume(s) Price(s) Volume(s)
£0.5552 14,200
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 2021-12-16
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
2021-12-16
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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