Speedy Hire PLC Director/PDMR Shareholding (9587Z)
December 20 2017 - 7:58AM
UK Regulatory
TIDMSDY
RNS Number : 9587Z
Speedy Hire PLC
20 December 2017
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 24 November 2017 to all
eligible UK employees of the Company, options over an aggregate of
2,577,984 Shares were granted on 20 December 2017 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 is issued.
Of the total number, options were granted to PDMRs, as
follows:
PDMR Position / status Number of share
options granted under the SAYE Scheme
Russell Down Chief Executive 5,040
Chris Morgan Group Finance Director 7,073
In consideration of these options, the grantees will make
monthly savings during the associated three year savings contract.
The exercise price is 44.28 pence per Share.
These options will normally be exercisable during a 6 month
period commencing 1 February 2021.
The following additional information is relevant to this
announcement for the purposes of the FCA disclosure requirements
under the Market Abuse Regime:
1. This announcement is an initial announcement.
2. The Company's identification code is GB0000163088.
3. The grant of the SAYE options occurred outside a trading venue.
- ends -
Enquiries:
Neil Hunt
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
DSHURVURBNAUUAA
(END) Dow Jones Newswires
December 20, 2017 07:58 ET (12:58 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
