Source - LSE Regulatory
RNS Number : 9519V
Speedy Hire PLC
16 December 2021
 

 

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 24 November 2021 to all eligible UK employees, options over an aggregate of 2,636,083 Shares were granted on 16 December 2021 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

James Bunn

Chief Financial Officer

14,200

 

 

In consideration of these options, the grantee will make monthly savings during the associated three year savings contract. The exercise price is 55.52 pence per Share.

These options will normally be exercisable during a six month period commencing 1 February 2025.

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

James Bunn

2.

Reason for the notification

a)

Position / status

Chief Financial Officer

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

Grant of options under The Speedy Hire 2014 Sharesave Scheme 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.5552   

14,200

d)

Aggregated information

-      Aggregated volume

-      Price

N/A

 

 

e)

Date of the transaction

2021-12-16

f)

Place of the transaction

Outside a trading venue

 

Enquiries:

Neil Hunt

Group Company Secretary

Speedy Hire Plc

Telephone: 01942 720000

 

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