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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
  -0.40 -0.6% 66.20 66.00 66.20 67.00 66.00 67.00 1,038,399 16:27:16
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 406.7 20.7 3.2 20.5 349

Speedy Hire PLC Director/PDMR Shareholding

30/12/2020 12:44pm

UK Regulatory (RNS & others)


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RNS Number : 1691K

Speedy Hire PLC

30 December 2020

Speedy Hire Plc (the "Company")

Notification of transactions by Persons Discharging Managerial Responsibilities

("PDMR")

The Company announces the following transaction by a PDMR in the Company's ordinary 5p shares ("Shares"):

Pursuant to invitations issued on 25 November 2020 to all eligible UK employees, options over an aggregate of 2,605,222 Shares were granted on 30 December 2020 under the Company's UK SAYE Scheme (the "Scheme"). The Scheme is an all-employee scheme which gives the opportunity to employees to acquire Shares at a discount of 20% of the market value of the Shares at the time the invitation was issued.

Options were granted to a PDMR, as follows:

 
PDMR           Position / status   Number of share 
                                    options granted under the SAYE Scheme 
Russell Down   Chief Executive     3,786 
 

In consideration of these options, the grantee will make monthly savings during the associated three year savings contract. The exercise price is 55.144 pence per Share.

These options will normally be exercisable during a six month period commencing 1 February 2024.

The Notification of Dealing Form set out below is provided in accordance with the FCA disclosure requirements under the Market Abuse Regime:

 
 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 options under The Speedy Hire 
       transaction                     2014 Sharesave Scheme 
     ------------------------------  --------------------------------------- 
 c)   Price(s) and                     Price(s)      Volume(s) 
       volume(s)                        GBP0.55144    3,786 
     ------------------------------  --------------------------------------- 
 d)        Aggregated information     N/A 
             *    Aggregated volume 
 
 
             *    Price 
     ------------------------------  --------------------------------------- 
 e)   Date of the                     2020-12-30 
       transaction 
     ------------------------------  --------------------------------------- 
 f)   Place of the                    Outside a trading venue 
       transaction 
     ------------------------------  --------------------------------------- 
 

Enquiries:

Neil Hunt

Group 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

DSHURSURRUUUOAA

(END) Dow Jones Newswires

December 30, 2020 07:44 ET (12:44 GMT)

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