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Share Name Share Symbol Market Type Share ISIN Share Description
Speedy Hire Plc LSE:SDY London Ordinary Share GB0000163088 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.60 0.89% 68.20 68.20 69.20 69.40 67.20 68.20 114,088 16:28:06
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 406.7 20.7 3.2 21.1 359

Speedy Hire PLC Director/PDMR Shareholding

27/11/2020 3:57pm

UK Regulatory (RNS & others)


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TIDMSDY

RNS Number : 8133G

Speedy Hire PLC

27 November 2020

Speedy Hire Plc (the "Company")

Notification of transactions by Persons Discharging Managerial Responsibilities

On 27 November 2020 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 conditions are met in full. The performance conditions will measure the Company's compound annual growth rate in total shareholder return over a three year measurement period that commenced on the grant of the PSP Awards. The performance conditions also contain an underpin condition under which the Company's Remuneration Committee retains discretion to reduce the level of vesting in response to exceptional circumstances.

The PSP Awards were granted in the form of nil-cost options and remain subject to the rules of the PSP at all times including that awards to executive directors are subject to a two-year post vesting holding period (net of tax).

 
 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 of                  Ordinary shares of 5 pence each 
       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         565,490 
     ------------------------------  ------------------------------------- 
 d)    Aggregated 
         information                    N/A single transaction 
 
             *    Aggregated volume 
 
                   *    Price 
     ------------------------------  ------------------------------------- 
 e)   Date of the transaction         2020-11-27 
     ------------------------------  ------------------------------------- 
 f)   Place of the                    Outside a trading venue 
       transaction 
     ------------------------------  ------------------------------------- 
 
 
 1.   Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                            James Bunn 
     ------------------------------  ------------------------------------- 
 2.   Reason for the notification 
     --------------------------------------------------------------------- 
 a)   Position / status               Chief Financial Officer 
     ------------------------------  ------------------------------------- 
 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         474,037 
     ------------------------------  ------------------------------------- 
 d)    Aggregated 
         information                    N/A single transaction 
 
             *    Aggregated volume 
 
                   *    Price 
     ------------------------------  ------------------------------------- 
 e)   Date of the                     2020-11-27 
       transaction 
     ------------------------------  ------------------------------------- 
 f)   Place of the                    Outside a trading venue 
       transaction 
     ------------------------------  ------------------------------------- 
 

Enquiries:

Neil Hunt

Company Secretary

Speedy Hire Plc

Telephone: 01942 720000

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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END

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November 27, 2020 10:57 ET (15:57 GMT)

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