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ASHTEAD GROUP PLC - Director/PDMR Shareholding

Ashtead Group plc

22ndJune 2020


Director / PDMR Shareholding

(the “Company”) announces that on it made the annual awardsAshtead Group plc19 June 2020

For 2020 to 317 senior executives under its Performance Share Plan (“PSP”).

Awards under the PSP comprise the conditional right to receive ordinary shares of 10p each.  Vesting of awards is subject to continued employment and the achievement of challenging performance targets set by the Remuneration Committee. The Company intends to utilise shares held by the Group’s to fulfil any obligations to award shares to employees, which may arise.Employee Share Ownership Trust

For awards made in 2017 and thereafter, executive directors, who were directors at time the awards were made are required to hold any vested shares, after selling sufficient shares to fund their tax liability, for a further two years from the date of vesting.

The following awards were made to the executive directors:

The exercise price for the above awards is for all ordinary shares to which the award relates. No consideration was paid for the grant of any of these awards.GBP1

The Company further announces that the awards made to its executive directors in vested on .June 201719 June 2020

As a result of the vesting of the 2017 awards the directors received the following number of ordinary 10p shares:

and sold 33,054 and 11,156 ordinary 10p shares respectively onBrendan HorganMichael Pratt

at 2736p per share to fund the tax payable on the exercise and retained the balance of the shares.19 June 2020

The directors’ total shareholdings are:

*Excluding treasury shares.


 Eric Watkins

Tel: 020 7726 9740

Director       Number of ordinary 10p shares covered by the award


  25,905Brendan HorganMichael Pratt
Director       Number of ordinary 10p shares received


  23,736Brendan HorganMichael Pratt
Director       Number of ordinary 10p shares Percentage of issued Share capital*

 433,938                       0.10

  283,667                       0.06Brendan HorganMichael Pratt

Quick facts: Ashtead Group

Price: 2708.12

Market: LSE
Market Cap: £12.15 billion

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