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Director/PDMR Shareholding

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By LSE RNS

RNS Number : 8681P
HSS Hire Group PLC
05 September 2017
 

5 September 2017

 

HSS Hire Group plc

Director/PDMR Shareholding

Grant of Options under the LTIP

On 31 August 2017, HSS Hire Group plc (the "Company") granted options over ordinary shares in the Company in accordance with the Company's 2015 Long Term Incentive Plan (the "Plan"), as amended following approval at the General Meeting on 10 August 2017, to the persons set out below.  These options are the "2017 Awards" referred to in the Circular dated 20 July 2017 relating to that General Meeting. 

Steve Ashmore

CSOP Option

55,555

0.54

Option

2,849,708

0.57

Paul Quested

CSOP Option

55,555

0.54

Option

1,404,094

0.57

*to the extent permitted by the relevant tax legislation, each participant has been granted part of his award as a tax qualifying CSOP Option. 

Subject to the rules of the Plan, the options will vest subject to a performance condition based on adjusted Earnings Per Share measured over a four year performance period and will, ordinarily, be released at the end of a further one year holding period, as described in the Circular dated 20 July 2017. 

For further information, please contact:

HSS Hire Group plc

Tel: 020 8260 3343

Robert Halls, Investor Relations Manager

 
 

 

1.   Details of the PDMR / person closely associated with him or her

a)   Name

Steve Ashmore

2.   Reason for the notification

 

a)   Position/status

Chief Executive Officer

b)   Initial notification / Amendment

Initial notification

3.   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)   Name

HSS Hire Group plc

b)   LEI

2138004DGL1J6VQO6S92

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, type of instrument

Ordinary shares of 1p each in the capital of HSS Hire Group plc

b)   Identification code

ISIN: GB00BVFD4645

c)   Nature of the transaction

Grant of options

d)   Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

2,905,263

 

e)   Aggregated information:

i. Aggregated volume

ii. price

N/A

f)    Date of the transaction

31 August 2017

g)   Place of the transaction

Outside a trading venue 

 

Details of the PDMR / person closely associated with him or her

c)   Name

Paul Quested

2.   Reason for the notification

 

d)   Position/status

Chief Financial Officer

e)   Initial notification / Amendment

Initial notification

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

f)    Name

HSS Hire Group plc

g)   LEI

2138004DGL1J6VQO6S92

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

h)   Description of the financial instrument, type of instrument

Ordinary shares of 1p each in the capital of HSS Hire Group plc

i)    Identification code

ISIN: GB00BVFD4645

j)    Nature of the transaction

Grant of options

k)   Price(s) and volume(s)

 

Price(s)

Volume(s)

Nil

1,459,649

 

l)    Aggregated information:

i. Aggregated volume

ii. price

N/A

m)  Date of the transaction

31 August 2017

n)   Place of the transaction

Outside a trading venue 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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