Ashtead Group PLC Director/PDMR Shareholding

 
TIDMAHT 
 
Ashtead Group PLC 
 
20th June 2017 
 
                         Director / PDMR Shareholding 
 
Ashtead Group plc (the "Company") announces that on 19th June 2017 it made the 
annual awards for 2017 to 193 senior executives under its Performance Share 
Plan ("PSP"). 
 
Awards under the PSP comprise the conditional right to receive ordinary shares 
of 10p each, which for the directors ordinarily vest on the fifth anniversary 
of grant for awards made on and after 2017. Vesting of awards is subject to 
continued employment and the achievement of challenging performance targets set 
by the Remuneration Committee.  The Company intends to utilise shares held by 
the Group's Employee Share Ownership Trust to fulfil any obligations to award 
shares to employees, which may arise. 
 
The following awards were made to the executive directors and PDMRs: 
 
Director                                       Number of ordinary 10p 
 
                                             shares covered by the award 
 
Geoff Drabble                                          97,287 
 
Sat Dhaiwal                                            26,195 
 
Brendan Horgan                                         66,108 
 
Suzanne Wood                                           46,591 
 
Kurt Kenkel        *                                    17,300 
 
Russ Brown         *                                    16,527 
 
Francis            *                                    16,527 
Hassis 
 
Tim Robinette      *                                    8,880 
 
Phil Parker        **                                   5,395 
 
The exercise price for the above awards is GBP1 for all ordinary shares to 
which the award relates.  No consideration was paid for the grant of any of 
these awards. 
 
The Company further announces that the awards made to its executive directors 
and PDMRs in June 2014 vested on 19th June 2017. 
 
As a result of the vesting of the 2014 award the directors and PDMRs received 
the following number of ordinary 10p shares: 
 
Geoff Drabble                                       111,314 
 
Sat Dhaiwal                                          27,794 
 
Brendan Horgan                                       46,683 
 
Suzanne Wood                                         45,834 
 
Kurt Kenkel                                          22,486 
 
Russ Brown                                           21,474 
 
Francis Hassis                                       21,474 
 
Tim Robinette                                        4,319 
 
The directors and PDMRs sold these ordinary 10p shares on 19th June 2017 at 
1,622 pence per share. 
 
The directors' total shareholdings are: 
 
                             Number of ordinary       Percentage of issued 
                                 10p shares              Share capital 
 
Geoff Drabble                      1,334,159                  0.27 
 
Sat Dhaiwal                        150,000                    0.03 
 
Brendan Horgan                     493,874                    0.10 
 
Suzanne Wood                       208,805                    0.04 
 
*     Sunbelt Rentals' operational executives 
 
**   A Plant's finance director 
 
Contact: 
 
Eric Watkins, General Counsel. Tel: [phone] 
 
 
 
END 
 

(END) Dow Jones Newswires

June 20, 2017 12:14 ET (16:14 GMT)