Speedy Hire PLC Director/PDMR Shareholding (1953A)

TIDMSDY

RNS Number : 1953A

Speedy Hire PLC

24 May 2019

Speedy Hire Plc (the "Company")

Notification of transactions by Persons Discharging Managerial Responsibilities

On 24 May 2019 awards (the "PSP Awards") over ordinary shares of 5 pence each in the share capital of the Company ("Shares") were granted under the Company's 2014 Performance Share Plan ("PSP") to persons discharging managerial responsibilities as detailed below. The number of Shares referred to below is the maximum available if the performance targets for the period, which commences on 1 April 2019 and ends on 31 March 2022, are met in full.

The PSP Awards were granted in the form of nil-cost options and remain subject to the rules of the PSP at all times.

 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 
 
 a)   Name                            Russell Down 
 2.   Reason for the notification 
     --------------------------------------------------------------------- 
 a)   Position / status               Chief Executive 
     ------------------------------  ------------------------------------- 
 b)   Initial notification            Initial notification 
       / amendment 
     ------------------------------  ------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------- 
 a)   Name                            Speedy Hire Plc 
     ------------------------------  ------------------------------------- 
 b)   LEI                             213800U78SIYAZDYXM61 
     ------------------------------  ------------------------------------- 
 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                     Ordinary shares of 5 pence each 
       of the financial 
       instrument 
      Identification                  GB0000163088 
       code 
     ------------------------------  ------------------------------------- 
 b)   Nature of the                   Grant of award under the Speedy Hire 
       transaction                     Plc Performance Share Plan 2014 
     ------------------------------  ------------------------------------- 
 c)   Price(s) and                     Price(s)    Volume(s) 
       volume(s)                        Nil         617,947 
     ------------------------------  ------------------------------------- 
 d)    Aggregated 
         information                    N/A single transaction 
 
             *    Aggregated volume 
 
                   *    Price 
     ------------------------------  ------------------------------------- 
 e)   Date of the                     2019-05-24 
       transaction 
     ------------------------------  ------------------------------------- 
 f)   Place of the                    Outside a trading venue 
       transaction 
     ------------------------------  ------------------------------------- 
 
 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                            Chris Morgan 
     ------------------------------  ------------------------------------- 
 2.   Reason for the notification 
     --------------------------------------------------------------------- 
 a)   Position / status               Group Finance Director 
     ------------------------------  ------------------------------------- 
 b)   Initial notification            Initial notification 
       / amendment 
     ------------------------------  ------------------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     --------------------------------------------------------------------- 
 a)   Name                            Speedy Hire Plc 
     ------------------------------  ------------------------------------- 
 b)   LEI                             213800U78SIYAZDYXM61 
     ------------------------------  ------------------------------------- 
 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                     Ordinary shares of 5 pence each 
       of the financial 
       instrument 
      Identification                  GB0000163088 
       code 
     ------------------------------  ------------------------------------- 
 b)   Nature of the                   Grant of award under the Speedy Hire 
       transaction                     Plc Performance Share Plan 2014 
     ------------------------------  ------------------------------------- 
 c)   Price(s) and                     Price(s)    Volume(s) 
       volume(s)                        Nil         405,961 
     ------------------------------  ------------------------------------- 
 d)    Aggregated 
         information                    N/A single transaction 
 
             *    Aggregated volume 
 
                   *    Price 
     ------------------------------  ------------------------------------- 
 e)   Date of the                     2019-05-24 
       transaction 
     ------------------------------  ------------------------------------- 
 f)   Place of the                    Outside a trading venue 
       transaction 
     ------------------------------  ------------------------------------- 
 

Enquiries:

Neil Hunt

Company Secretary

Speedy Hire Plc

Telephone: [phone]

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May 24, 2019 11:52 ET (15:52 GMT)