Speedy Hire PLC Director/PDMR Shareholding (6381J)
December 21 2015 - 2:00AM
UK Regulatory
TIDMSDY
RNS Number : 6381J
Speedy Hire PLC
21 December 2015
Speedy Hire Plc (the "Company")
Notification of Transactions by Persons Discharging Managerial
Responsibilities
("PDMRs")
The Company announces the following transactions by PDMRs in the
Company's ordinary 5p shares ("Shares"):
Pursuant to invitations issued on 26 November 2015 to all
eligible UK and Irish employees of the Company, options over an
aggregate of 2,570,952 Shares were granted on 18 December 2015
under the Company's UK and Irish SAYE Schemes (together, the
"Schemes"). The Schemes are all-employee schemes which give the
opportunity to employees to acquire Shares at a discount of 20% of
the market value of the Shares at the time the invitation is
issued.
Of the total number, options were granted to PDMRs, as
follows:
PDMR Number of shares
Options granted under the SAYE Schemes
Russell Down 9,622
James Blair 9,622
In consideration of these options, the grantees will make
monthly savings during the associated three year savings contract.
The exercise price is 26.936 pence per Share.
These options will normally be exercisable during a 6 month
period commencing 1 February 2019.
The above notification is intended to satisfy the Company's
obligations under Disclosure and Transparency Rule 3.1.4.
- ends -
Enquiries:
James Blair
Group Company Secretary
Speedy Hire Plc
Telephone: 01942 720000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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