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RNS
Speedy Hire PLC

Speedy Hire PLC - Director/PDMR Shareholding

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 / amendment

Initial notification

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 the financial instrument

Ordinary shares of 5 pence each


Identification code

GB0000163088

b)

Nature of the transaction

Exercise of 955,943 options under the Speedy Hire Plc Performance Share Plan 2014

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£Nil Cost

 

955,943

 

d)

Aggregated information

-      Aggregated volume

-      Price

 

 


N/A

e)

Date of the transaction

2020-06-25

f)

Place of the transaction

Outside a trading venue

 

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 / amendment

Initial notification

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 the financial instrument

Ordinary shares of 5 pence each


Identification code

GB0000163088

b)

Nature of the transaction

Partial sale of shares obtained under the Speedy Hire Plc Performance Share Plan 2014 to satisfy tax liability

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.590816

 

449,293

 

d)

Aggregated information

-      Aggregated volume

-      Price

 

 


449,293

£0.590816

e)

Date of the transaction

2020-06-25

f)

Place of the transaction

London Stock Exchange


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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