Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Ashtead Group Plc LSE:AHT London Ordinary Share GB0000536739 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -32.00 -1.27% 2,496.00 2,495.00 2,496.00 2,548.00 2,468.00 2,526.00 243,011 10:40:11
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 5,053.6 982.8 162.1 15.4 11,925

ASHTEAD GROUP PLC - Director/PDMR Shareholding

22/06/2020 4:32pm

PR Newswire (US)


Ashtead (LSE:AHT)
Historical Stock Chart


From Jun 2020 to Aug 2020

Click Here for more Ashtead Charts.

Ashtead Group plc

22nd June 2020

ASHTEAD GROUP PLC

Director / PDMR Shareholding

Ashtead Group plc (the “Company”) announces that on 19 June 2020 it made the annual awards

For 2020 to 317 senior executives under its Performance Share Plan (“PSP”).

Awards under the PSP comprise the conditional right to receive ordinary shares of 10p each.  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.

For awards made in 2017 and thereafter, executive directors, who were directors at time the awards were made are required to hold any vested shares, after selling sufficient shares to fund their tax liability, for a further two years from the date of vesting.

The following awards were made to the executive directors:

Director Number of ordinary 10p shares covered by the award
Brendan Horgan   
                  
60,911
Michael Pratt    
                        
25,905

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 in June 2017 vested on 19 June 2020.

As a result of the vesting of the 2017 awards the directors received the following number of ordinary 10p shares:

Director Number of ordinary 10p shares received
Brendan Horgan         
                
66,108
Michael Pratt 
                             
23,736

Brendan Horgan and Michael Pratt sold 33,054 and 11,156 ordinary 10p shares respectively on

19 June 2020 at 2736p per share to fund the tax payable on the exercise and retained the balance of the shares.

The directors’ total shareholdings are:

Director Number of ordinary 10p shares Percentage of issued Share capital*
Brendan Horgan         
                
433,938 0.10
Michael Pratt 
                             
283,667 0.06

*Excluding treasury shares.

Contact:

Eric Watkins  

Tel: 020 7726 9740

Copyright e 22 PR Newswire

1 Year Ashtead Chart

1 Year Ashtead Chart

1 Month Ashtead Chart

1 Month Ashtead Chart
ADVFN Advertorial
Your Recent History
LSE
AHT
Ashtead
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20200804 09:55:24