Speedy Hire PLC Director/PDMR Shareholding (2548R)

TIDMSDY

RNS Number : 2548R

Speedy Hire PLC

26 June 2020

Speedy Hire Plc (the "Company")

Notification of transactions by Persons Discharging Managerial Responsibilities

The Company announces the following transaction by a person discharging managerial responsibilities in ordinary shares of 5p each in the Company.

On 25 June 2020 Chris Morgan acquired 955,943 shares by exercising nil cost options granted on 22 June 2016 and 12 June 2017 pursuant to the Company's 2014 Performance Share Plan and subsequently sold on the same day 449,293 of those shares in order to fund resulting tax liabilities.

The Notification of Dealing Forms set out below are provided in accordance with the requirements of the EU Market Abuse Regulation.

Notification of Dealing Forms

 
 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                   Exercise of 955,943 options under the 
       transaction                     Speedy Hire Plc Performance Share Plan 
                                       2014 
     ------------------------------  ---------------------------------------- 
 c)   Price(s) and                     Price(s)       Volume(s) 
       volume(s)                        GBPNil Cost    955,943 
     ------------------------------  ---------------------------------------- 
 d)    Aggregated 
         information                    N/A 
 
             *    Aggregated volume 
 
                   *    Price 
     ------------------------------  ---------------------------------------- 
 e)   Date of the                     2020-06-25 
       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                   Partial sale of shares obtained under 
       transaction                     the Speedy Hire Plc Performance Share 
                                       Plan 2014 to satisfy tax liability 
     ------------------------------  --------------------------------------- 
 c)   Price(s) and                     Price(s)       Volume(s) 
       volume(s)                        GBP0.590816    449,293 
     ------------------------------  --------------------------------------- 
 d)    Aggregated 
         information                    449,293 
                                        GBP0.590816 
             *    Aggregated volume 
 
                   *    Price 
     ------------------------------  --------------------------------------- 
 e)   Date of the                     2020-06-25 
       transaction 
     ------------------------------  --------------------------------------- 
 f)   Place of the                    London Stock Exchange 
       transaction 
     ------------------------------  --------------------------------------- 
 

Enquiries:

Neil Hunt

Company Secretary

Speedy Hire Plc

Telephone: [phone]

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END

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June 26, 2020 07:48 ET (11:48 GMT)