TIDMHSS

RNS Number : 3638K

HSS Hire Group PLC

05 May 2022

HSS Hire Group plc (the "Company")

Director/PDMR Shareholding

Surrender of LTIP awards

On 4 May 2022 , the Executive Directors and Person Discharging Managerial Responsibilities set out in the table below ("Executives") surrendered nil-cost options over ordinary shares in the Company ("Awards"). The Awards were granted in accordance with the Company's 2015 Long Term Incentive Plan on 4 June 2019 and were surrendered irrevocably in return for no consideration.

The value to which the Executives would have been entitled pursuant to the Awards will be provided through an Existing Schemes Award ("ESA") granted to the Executives on 25 February 2021. The ESA is summarised in the Directors' Remuneration Report 2021.

 
      Name        Number of shares subject to 
                     the surrendered Award 
 Steve Ashmore             1,020,833 
                 ---------------------------- 
  Paul Quested              736,111 
                 ---------------------------- 
  Tom Shorten               736,111 
                 ---------------------------- 
 

The notification below, made pursuant to Article 19 of the Market Abuse Regulation, provides further information about these transactions.

 
1   Details of the person discharging managerial responsibilities/person 
     closely associated 
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 
    ------------------------------------------------------------------------------------------------------ 
a)  Name                                                                             HSS Hire Group 
                                                                                      plc 
    -------------------------------------------------------------------------------  --------------------- 
b)  LEI code                                                                         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 Identification code  Ordinary shares 
                                                                                      of 1p each in the 
                                                                                      capital of HSS 
                                                                                      Hire Group plc 
    -------------------------------------------------------------------------------  --------------------- 
b)  Identification code                                                              GB00BVFD4645 
    -------------------------------------------------------------------------------  --------------------- 
c)  Nature of the transaction                                                        Surrender of nil-cost 
                                                                                      options over o 
                                                                                      rdinary shares 
                                                                                      of 1p each in the 
                                                                                      capital of HSS 
                                                                                      Hire Group plc 
    -------------------------------------------------------------------------------  --------------------- 
d)  Price(s) and volume(s)                                                            Price   Volume 
                                                                                       N/A     N/A 
                                                                                              ------- 
    -------------------------------------------------------------------------------  --------------------- 
e)  Aggregated information                                                           N/A 
     - Aggregated volume 
     - Price 
    -------------------------------------------------------------------------------  --------------------- 
f)  Date of the transaction                                                          4 May 2022 
    -------------------------------------------------------------------------------  --------------------- 
g)  Place of the transaction                                                         Outside a trading 
                                                                                      venue 
    -------------------------------------------------------------------------------  --------------------- 
 
 
1   Details of the person discharging managerial responsibilities/person 
     closely associated 
a)  Name                                                                             Paul Quested 
    -------------------------------------------------------------------------------  --------------------- 
2   Reason for the notification 
    ------------------------------------------------------------------------------------------------------ 
a)  Position/status                                                                  Chief Financial 
                                                                                      Officer 
    -------------------------------------------------------------------------------  --------------------- 
b)  Initial notification/ Amendment                                                   Initial notification 
    -------------------------------------------------------------------------------  --------------------- 
3   Details of the issuer 
    ------------------------------------------------------------------------------------------------------ 
a)  Name                                                                             HSS Hire Group 
                                                                                      plc 
    -------------------------------------------------------------------------------  --------------------- 
b)  LEI code                                                                         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 Identification code  Ordinary shares 
                                                                                      of 1p each in the 
                                                                                      capital of HSS 
                                                                                      Hire Group plc 
    -------------------------------------------------------------------------------  --------------------- 
b)  Identification code                                                              GB00BVFD4645 
    -------------------------------------------------------------------------------  --------------------- 
c)  Nature of the transaction                                                        Surrender of nil-cost 
                                                                                      options over o 
                                                                                      rdinary shares 
                                                                                      of 1p each in the 
                                                                                      capital of HSS 
                                                                                      Hire Group plc 
    -------------------------------------------------------------------------------  --------------------- 
d)  Price(s) and volume(s)                                                            Price   Volume 
                                                                                       N/A     N/A 
                                                                                              ------- 
    -------------------------------------------------------------------------------  --------------------- 
e)  Aggregated information                                                           N/A 
     - Aggregated volume 
     - Price 
    -------------------------------------------------------------------------------  --------------------- 
f)  Date of the transaction                                                          4 May 2022 
    -------------------------------------------------------------------------------  --------------------- 
g)  Place of the transaction                                                         Outside a trading 
                                                                                      venue 
    -------------------------------------------------------------------------------  --------------------- 
 
 
1   Details of the person discharging managerial responsibilities/person 
     closely associated 
a)  Name                                                                             Tom Shorten 
    -------------------------------------------------------------------------------  --------------------- 
2   Reason for the notification 
    ------------------------------------------------------------------------------------------------------ 
a)  Position/status                                                                  Chief Commercial 
                                                                                      Officer 
    -------------------------------------------------------------------------------  --------------------- 
b)  Initial notification/ Amendment                                                   Initial notification 
    -------------------------------------------------------------------------------  --------------------- 
3   Details of the issuer 
    ------------------------------------------------------------------------------------------------------ 
a)  Name                                                                             HSS Hire Group 
                                                                                      plc 
    -------------------------------------------------------------------------------  --------------------- 
b)  LEI code                                                                         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 Identification code  Ordinary shares 
                                                                                      of 1p each in the 
                                                                                      capital of HSS 
                                                                                      Hire Group plc 
    -------------------------------------------------------------------------------  --------------------- 
b)  Identification code                                                              GB00BVFD4645 
    -------------------------------------------------------------------------------  --------------------- 
c)  Nature of the transaction                                                        Surrender of nil-cost 
                                                                                      options over o 
                                                                                      rdinary shares 
                                                                                      of 1p each in the 
                                                                                      capital of HSS 
                                                                                      Hire Group plc 
    -------------------------------------------------------------------------------  --------------------- 
d)  Price(s) and volume(s)                                                            Price   Volume 
                                                                                       N/A     N/A 
                                                                                              ------- 
    -------------------------------------------------------------------------------  --------------------- 
e)  Aggregated information                                                           N/A 
     - Aggregated volume 
     - Price 
    -------------------------------------------------------------------------------  --------------------- 
f)  Date of the transaction                                                          4 May 2022 
    -------------------------------------------------------------------------------  --------------------- 
g)  Place of the transaction                                                         Outside a trading 
                                                                                      venue 
    -------------------------------------------------------------------------------  --------------------- 
 

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END

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(END) Dow Jones Newswires

May 05, 2022 05:00 ET (09:00 GMT)

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