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HILS.GB Hill & Smith Plc

1,910.00
30.00 (1.60%)
09:49:48 - Realtime Data
Share Name Share Symbol Market Type Share ISIN Share Description
Hill & Smith Plc AQSE:HILS.GB Aquis Stock Exchange Ordinary Share GB0004270301
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  30.00 1.60% 1,910.00 1,880.00 1,940.00 1,920.00 1,880.00 1,880.00 0.00 09:49:48
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Hill & Smith PLC Director/PDMR Shareholding (9090T)

22/03/2023 3:54pm

UK Regulatory


Hill & Smith (AQSE:HILS.GB)
Historical Stock Chart


From Apr 2022 to Apr 2024

Click Here for more Hill & Smith Charts.

TIDMHILS

RNS Number : 9090T

Hill & Smith PLC

22 March 2023

Hill & Smith PLC ('Hill & Smith' or 'the Company')

Director and PDMR Shareholdings

22 March 2023

Hill & Smith announces the following dealings by Directors and PDMRs of the Company in connection with its employee share plan arrangements.

Hill & Smith 2014 Long-Term Incentive Plan - 2023 LTIP Award

On 16 March 2023 the Company granted awards under the Hill & Smith 2014 Long Term Incentive Plan (the "LTIP"). The following awards have been granted in the form of rights to acquire ordinary shares in the Company based on a share price of GBP12.98, that being the Mid-Market Quote from the day immediately preceding the date of grant:

i. Hannah Nichols (Chief Financial Officer) has been granted an award over 36,067 ordinary shares;

   ii.     Hooman Javvi (Group President) has been granted an award over 21,186 ordinary shares; and 
   iii.    Denise Beachy (Group President) has been granted an award over 24,070 ordinary shares. 

In addition, Hooman Javvi was also granted an award in the form of a tax qualifying option, in accordance with the provisions of the Hill & Smith 2014 Executive Share Option Scheme (the "ESOS"), over 2,311 ordinary shares with an exercise price of GBP12.98 per ordinary share on terms that are similar to the awards under the LTIP (together the "Awards"). If the options under the ESOS are exercised at a gain, the LTIP awards will be reduced by the same value to ensure that the combined pre-tax value delivered to participants is not increased by the grant of the ESOS option.

The vesting of the LTIP is subject to the achievement of performance conditions assessed over the three-year performance period 2023 - 2026, details of which will be included in the Directors' Remuneration Report for the year ended 31 December 2022.

The Awards will (subject to the achievement of the performance conditions) vest following the end of the performance period, but for Executive Directors, the LTIP may not ordinarily be exercised until the end of a further two-year holding period.

Deferred Bonus Plan awards in respect of 2022 bonuses

On 16 March 2023 the Company granted awards under the rules of its Deferred Bonus Plan in respect of bonuses earned for the year ended 31 December 2022. The Company confirms that:

   i.      Hannah Nichols has been granted an award over 13,298 ordinary shares; 
   ii.     Hooman Javvi has been granted an award over 3,664 ordinary shares; and 
   iii.    Denise Beachy has been granted an award over 5,212 ordinary shares. 

The awards will vest following the end of a two-year deferral period.

2023 LTIP award

 
 1.    Details of the person discharging managerial responsibilities/person 
        closely associated 
 (a)   Name                         Hannah Nichols 
      ---------------------------  ------------------------------------------ 
 2.    Reason for the notification 
      ----------------------------------------------------------------------- 
 (a)   Position/status              Chief Financial Officer 
      ---------------------------  ------------------------------------------ 
 (b)   Initial notification/        Initial notification 
        Amendment 
      ---------------------------  ------------------------------------------ 
 3.    Details of the issuer 
      ----------------------------------------------------------------------- 
 (a)   Name                         Hill & Smith PLC 
      ---------------------------  ------------------------------------------ 
 (b)   LEI                          2138003A3ISGQZBOWI83 
      ---------------------------  ------------------------------------------ 
 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           Ordinary shares of GBP0.25 each 
        Financial Instrument 
      ---------------------------  ------------------------------------------ 
 (b)   Identification code          GB0004270301 
        of the Financial 
        Instrument 
      ---------------------------  ------------------------------------------ 
 (c)   Nature of the transaction                     Grant of 2023 LTIP award 
      ---------------------------  ------------------------------------------ 
 (d)   Price(s) and volume(s)        Price(s)    Volume 
                                      Nil         36,067 
                                                 ------- 
      ---------------------------  ------------------------------------------ 
 (e)   Aggregated information       N/A single transaction 
      ---------------------------  ------------------------------------------ 
 (f)   Date of the transaction      16 March 2023 
      ---------------------------  ------------------------------------------ 
 (g)   Place of the transaction     Outside a trading venue 
      ---------------------------  ------------------------------------------ 
 
 
 1.    Details of the person discharging managerial responsibilities/person 
        closely associated 
 (a)   Name                           Hooman Javvi 
      -----------------------------  ---------------------------------------- 
 2.    Reason for the notification 
      ----------------------------------------------------------------------- 
 (a)   Position/status                Group President 
      -----------------------------  ---------------------------------------- 
 (b)   Initial notification/          Initial notification 
        Amendment 
      -----------------------------  ---------------------------------------- 
 3.    Details of the issuer 
      ----------------------------------------------------------------------- 
 (a)   Name                           Hill & Smith PLC 
      -----------------------------  ---------------------------------------- 
 (b)   LEI                            2138003A3ISGQZBOWI83 
      -----------------------------  ---------------------------------------- 
 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             Ordinary shares of GBP0.25 each 
        Financial Instrument 
      -----------------------------  ---------------------------------------- 
 (b)   Identification code            GB0004270301 
        of the Financial 
        Instrument 
      -----------------------------  ---------------------------------------- 
 (c)   Nature of the transaction      i. Grant of 2023 LTIP award 
                                       ii. Grant of costed option under the 
                                       Executive Share Option Scheme 
      -----------------------------  ---------------------------------------- 
 (d)   Price(s) and volume(s)          Price(s)    Volume 
                                        Nil         21,186 
                                                   ------- 
                                        GBP12.98    2,311 
                                                   ------- 
      -----------------------------  ---------------------------------------- 
 (e)   Aggregated information          Price(s)    Volume 
                                        Nil         21,186 
                                                   ------- 
                                        GBP12.98    2,311 
                                                   ------- 
      -----------------------------  ---------------------------------------- 
 (f)   Date of the transaction        16 March 2023 
      -----------------------------  ---------------------------------------- 
 (g)   Place of the transaction       Outside a trading venue 
      -----------------------------  ---------------------------------------- 
 
 
 1.    Details of the person discharging managerial responsibilities/person 
        closely associated 
 (a)   Name                             Denise Beachy 
      -------------------------------  -------------------------------------- 
 2.    Reason for the notification 
      ----------------------------------------------------------------------- 
 (a)   Position/status                  Group President 
      -------------------------------  -------------------------------------- 
 (b)   Initial notification/            Initial notification 
        Amendment 
      -------------------------------  -------------------------------------- 
 3.    Details of the issuer 
      ----------------------------------------------------------------------- 
 (a)   Name                             Hill & Smith PLC 
      -------------------------------  -------------------------------------- 
 (b)   LEI                              2138003A3ISGQZBOWI83 
      -------------------------------  -------------------------------------- 
 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               Ordinary shares of GBP0.25 each 
        Financial Instrument 
      -------------------------------  -------------------------------------- 
 (b)   Identification code              GB0004270301 
        of the Financial 
        Instrument 
      -------------------------------  -------------------------------------- 
 (c)   Nature of the transaction        Grant of 2023 LTIP award 
      -------------------------------  -------------------------------------- 
 (d)   Price(s) and volume(s)            Price(s)    Volume 
                                          Nil         24,070 
                                                     ------- 
      -------------------------------  -------------------------------------- 
 (e)   Aggregated information           N/A single transaction 
      -------------------------------  -------------------------------------- 
 (f)   Date of the transaction          16 March 2023 
      -------------------------------  -------------------------------------- 
 (g)   Place of the transaction         Outside a trading venue 
      -------------------------------  -------------------------------------- 
 

2023 Deferred Bonus Plan Award

 
 1.    Details of the person discharging managerial responsibilities/person 
        closely associated 
 (a)   Name                        Hannah Nichols 
      --------------------------  --------------------------------------------------- 
 2.    Reason for the notification 
      ------------------------------------------------------------------------------- 
 (a)   Position/status             Chief Financial Officer 
      --------------------------  --------------------------------------------------- 
 (b)   Initial notification/       Initial notification 
        Amendment 
      --------------------------  --------------------------------------------------- 
 3.    Details of the issuer 
      ------------------------------------------------------------------------------- 
 (a)   Name                        Hill & Smith PLC 
      --------------------------  --------------------------------------------------- 
 (b)   LEI                         2138003A3ISGQZBOWI83 
      --------------------------  --------------------------------------------------- 
 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          Ordinary shares of GBP0.25 each 
        Financial Instrument 
      --------------------------  --------------------------------------------------- 
 (b)   Identification code         GB0004270301 
        of the Financial 
        Instrument 
      --------------------------  --------------------------------------------------- 
 (c)   Nature of the transaction                    Grant of award under the Deferred 
                                                     Bonus Plan 
      --------------------------  --------------------------------------------------- 
 (d)   Price(s) and volume(s)       Price(s)    Volume 
                                     Nil         13,298 
                                                ------- 
      --------------------------  --------------------------------------------------- 
 (e)   Aggregated information      N/A single transaction 
      --------------------------  --------------------------------------------------- 
 (f)   Date of the transaction     16 March 2023 
      --------------------------  --------------------------------------------------- 
 (g)   Place of the transaction    Outside a trading venue 
      --------------------------  --------------------------------------------------- 
 
 
 1.    Details of the person discharging managerial responsibilities/person 
        closely associated 
 (a)   Name                            Hooman Javvi 
      ------------------------------  --------------------------------------- 
 2.    Reason for the notification 
      ----------------------------------------------------------------------- 
 (a)   Position/status                 Group President 
      ------------------------------  --------------------------------------- 
 (b)   Initial notification/           Initial notification 
        Amendment 
      ------------------------------  --------------------------------------- 
 3.    Details of the issuer 
      ----------------------------------------------------------------------- 
 (a)   Name                            Hill & Smith PLC 
      ------------------------------  --------------------------------------- 
 (b)   LEI                             2138003A3ISGQZBOWI83 
      ------------------------------  --------------------------------------- 
 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              Ordinary shares of GBP0.25 each 
        Financial Instrument 
      ------------------------------  --------------------------------------- 
 (b)   Identification code             GB0004270301 
        of the Financial 
        Instrument 
      ------------------------------  --------------------------------------- 
 (c)   Nature of the transaction       Grant of award under the Deferred 
                                        Bonus Plan 
      ------------------------------  --------------------------------------- 
 (d)   Price(s) and volume(s)           Price(s)    Volume 
                                         Nil         3,664 
                                                    ------- 
      ------------------------------  --------------------------------------- 
 (e)   Aggregated information          N/A single transaction 
      ------------------------------  --------------------------------------- 
 (f)   Date of the transaction         16 March 2023 
      ------------------------------  --------------------------------------- 
 (g)   Place of the transaction        Outside a trading venue 
      ------------------------------  --------------------------------------- 
 
 
 1.    Details of the person discharging managerial responsibilities/person 
        closely associated 
 (a)   Name                            Denise Beachy 
      ------------------------------  --------------------------------------- 
 2.    Reason for the notification 
      ----------------------------------------------------------------------- 
 (a)   Position/status                 Group President 
      ------------------------------  --------------------------------------- 
 (b)   Initial notification/           Initial notification 
        Amendment 
      ------------------------------  --------------------------------------- 
 3.    Details of the issuer 
      ----------------------------------------------------------------------- 
 (a)   Name                            Hill & Smith PLC 
      ------------------------------  --------------------------------------- 
 (b)   LEI                             2138003A3ISGQZBOWI83 
      ------------------------------  --------------------------------------- 
 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              Ordinary shares of GBP0.25 each 
        Financial Instrument 
      ------------------------------  --------------------------------------- 
 (b)   Identification code             GB0004270301 
        of the Financial 
        Instrument 
      ------------------------------  --------------------------------------- 
 (c)   Nature of the transaction       Grant of award under the Deferred 
                                        Bonus Plan 
      ------------------------------  --------------------------------------- 
 (d)   Price(s) and volume(s)           Price(s)    Volume 
                                         Nil         5,212 
                                                    ------- 
      ------------------------------  --------------------------------------- 
 (e)   Aggregated information          N/A single transaction 
      ------------------------------  --------------------------------------- 
 (f)   Date of the transaction         16 March 2023 
      ------------------------------  --------------------------------------- 
 (g)   Place of the transaction        Outside a trading venue 
      ------------------------------  --------------------------------------- 
 

As a result of these transactions:

   i.              Hannah Nichols holds share options over 172,340 ordinary shares in the Company; 
   ii.             Hooman Javvi holds share options over 55,115 ordinary shares in the Company; and 
   iii.            Denise Beachy holds share options over 66,491 ordinary shares in the Company. 

Enquiries:

Alex Henderson

Company Secretary

0121 704 7430

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