Hill & Smith PLC

Director's Dealing • Jun 25, 2020

National Storage Mechanism | Additional information

RNS Number : 0725R

Hill & Smith Hldgs PLC

25 June 2020

Hill & Smith Holdings PLC ("Hill & Smith" or "the Company")

Director/PDMR Shareholding

25 June 2020

Sales of shares and Grant of Deferred Bonus Plan share awards

The Company confirms that on 24 June 2020 it granted to each of its executive directors an award (structured as a nil-cost option) under the rules of its Deferred Bonus Plan in respect of bonuses earned for the year ending 31 December 2019.

Mr D W Muir has been granted a nil-cost option over 4,249 ordinary shares and Mrs H K Nichols has been granted a nil-cost option over 631 ordinary shares.

The awards were based on a share price of 1307.00p, being the average of the mid-market prices for the three trading days prior to the normal grant date of 12 March 2020. The award of this grant was delayed until after the AGM, as Ms Nichols's spouse was an audit partner of KPMG, the Company's previous auditor and, accordingly, Ms Nichols was not was not permitted to have a beneficial interest in any shares or share options until KPMG were replaced by EY LLP at the conclusion of the AGM on 23 June 2020.

Also, as at 24 June 2020, the Company has been informed that, ahead of his retirement, Mr D W Muir has sold 150,000 shares at a price of £13.43. Following this sale and the grant of deferred bonus shares Mr D W Muir has a beneficial interest in 217,437 ordinary shares, in line with the Company's Executive Director shareholding guidelines and he retains share options over 124,838 shares.

Public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

Notification of Dealing Form

1	Details of the person discharging managerial responsibility/person closely associated with them
a)	Name	D W Muir
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial Notification/Amendment	Initial Notification
3	Details of the issuer
a)	Name	Hill & Smith Holdings PLC
b)	LEI	2138003A3ISGQZBOWI83
4	Details of the transactions
a)	Description of the financial instruments, type of instrument Identification code	Ordinary Shares of £0.25 each GB0004270301
b)	Nature of transaction	i.              Grant of an award, structured as a nil cost option, under the Company's Deferred Bonus Plan. ii.             Sale of shares
c)	Price (s) and volume (s)	Price (s)	Volume (s)
i.              0p ii.             £13.43	i.              4,249 ii.             150,000
d)	Aggregated information Aggregated volume Price	154,249 £13.06
e)	Date of transaction	i.              24 June 2020 ii.             23 June 2020
f)	Place of transaction	i.              Outside a trading venue ii.             LSE

Notification of Dealing Form

1	Details of the person discharging managerial responsibility/person closely associated with them
a)	Name	H Nichols
2	Reason for the notification
a)	Position/status	Group Financial Officer
b)	Initial Notification/Amendment	Initial Notification
3	Details of the issuer
a)	Name	Hill & Smith Holdings PLC
b)	LEI	2138003A3ISGQZBOWI83
4	Details of the transactions
a)	Description of the financial instruments, type of instrument Identification code	Ordinary Shares of £0.25 each GB0004270301
b)	Nature of transaction	Grant of an award, structured as a nil cost option, under the Company's Deferred Bonus Plan
c)	Price (s) and volume (s)	Price (s)	Volume (s)
0p	631
d)	Aggregated information Aggregated volume Price	631 0p
e)	Date of transaction	24 June 2020
f)	Place of transaction	Outside a trading venue

Alex Henderson

Company Secretary

Tel: +44 (0) 121 704 7430

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