SDY Speedy Hire Plc

TIDMSDY

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            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)                        GBP0.5552    14,200 
     ------------------------------  --------------------------------------- 
 d)        Aggregated information     N/A 
             *    Aggregated volume 
 
 
             *    Price 
     ------------------------------  --------------------------------------- 
 e)   Date of the                     2021-12-16 
       transaction 
     ------------------------------  --------------------------------------- 
 f)   Place of the                    Outside a trading venue 
       transaction 
     ------------------------------  --------------------------------------- 
 

Enquiries:

Neil Hunt

Group 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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

DSHUNRBRAWUUAAA

(END) Dow Jones Newswires

December 16, 2021 12:09 ET (17:09 GMT)

Speedy Hire (LSE:SDY)
Historical Stock Chart
From Mar 2024 to Apr 2024

Speedy Hire (LSE:SDY)
Historical Stock Chart
From Apr 2023 to Apr 2024