Speedy Hire PLC Director/PDMR Shareholding (1691K)
December 30 2020 - 06:44AM
UK Regulatory
TIDMSDY
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
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END
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