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Director/PDMR Shareholding

Date : 21/06/2012 @ 15:30
Source : UK Regulatory (RNS & others)
Stock : Speedy Hire (SDY)
Quote : 57.25  -1.0 (-1.72%) @ 16:28

Director/PDMR Shareholding

TIDMSDY

RNS Number : 8992F

Speedy Hire PLC

21 June 2012

Speedy Hire Plc

21 June 2012

Speedy Hire Plc (the "Company")

Notification of transactions by Persons Discharging Management Responsibilities ("PDMRs")

The Company announces the following transactions by PDMRs in the Company's ordinary 5p shares ("Shares").

Awards under the Company's 2004 Performance Share Plan ("PSP")

On 20 June 2012, the following PDMRs were granted awards under the PSP in the form of options. The options are rights to acquire Shares for nil consideration, subject to the rules of the PSP and to the satisfaction of the applicable performance targets. No consideration was payable on the grant of an option.

Awards have been made to PDMRs as follows:-

 
 PDMR              Number of shares subject 
                    to the award granted 
                    under the PSP 
----------------  ------------------------- 
 Steve Corcoran    944,651 
----------------  ------------------------- 
 Mike McGrath      585,417 
----------------  ------------------------- 
 Lynn Krige        665,247 
----------------  ------------------------- 
 David Graham      494,031 
----------------  ------------------------- 
 James Blair       292,708 
----------------  ------------------------- 
 

Awards under the PSP will normally be exercisable (to the extent performance targets are met) within a 90-day period following 20 June 2015.

The above notification is intended to satisfy the Company's obligations under Disclosure and Transparency Rule 3.1.4.

Enquiries:

James Blair

Group Company Secretary

Speedy Hire Plc

Telephone: 01942 720000

This information is provided by RNS

The company news service from the London Stock Exchange

END

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