HSS HIRE GROUP PLC — Remuneration Information 2017

Sep 5, 2017

National Storage Mechanism | Additional information

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RNS Number : 8681P

HSS Hire Group PLC

05 September 2017

5 September 2017

HSS Hire Group plc

Director/PDMR Shareholding

Grant of Options under the LTIP

On 31 August 2017, HSS Hire Group plc (the "Company") granted options over ordinary shares in the Company in accordance with the Company's 2015 Long Term Incentive Plan (the "Plan"), as amended following approval at the General Meeting on 10 August 2017, to the persons set out below.  These options are the "2017 Awards" referred to in the Circular dated 20 July 2017 relating to that General Meeting. 

Name	Type of option*	Number of shares subject to option	Per share exercise price of the option (£)
Steve Ashmore	CSOP Option	55,555	0.54
Option	2,849,708	0.57
Paul Quested	CSOP Option	55,555	0.54
Option	1,404,094	0.57

*to the extent permitted by the relevant tax legislation, each participant has been granted part of his award as a tax qualifying CSOP Option. 

Subject to the rules of the Plan, the options will vest subject to a performance condition based on adjusted Earnings Per Share measured over a four year performance period and will, ordinarily, be released at the end of a further one year holding period, as described in the Circular dated 20 July 2017. 

For further information, please contact:

HSS Hire Group plc	Tel: 020 8260 3343
Robert Halls, Investor Relations Manager

1.   Details of the PDMR / person closely associated with him or her

a)   Name

Steve Ashmore

2.   Reason for the notification

a)   Position/status

Chief Executive Officer

b)   Initial notification / Amendment

Initial notification

3.   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)   Name

HSS Hire Group plc

b)   LEI

2138004DGL1J6VQO6S92

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, type of instrument

Ordinary shares of 1p each in the capital of HSS Hire Group plc

b)   Identification code

ISIN: GB00BVFD4645

c)   Nature of the transaction

Grant of options

d)   Price(s) and volume(s)

Price(s)	Volume(s)
Nil	2,905,263

e)   Aggregated information:

i. Aggregated volume

ii. price

N/A

f)    Date of the transaction

31 August 2017

g)   Place of the transaction

Outside a trading venue 

1.   Details of the PDMR / person closely associated with him or her

c)   Name

Paul Quested

2.   Reason for the notification

d)   Position/status

Chief Financial Officer

e)   Initial notification / Amendment

Initial notification

3.   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

f)    Name

HSS Hire Group plc

g)   LEI

2138004DGL1J6VQO6S92

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

h)   Description of the financial instrument, type of instrument

Ordinary shares of 1p each in the capital of HSS Hire Group plc

i)    Identification code

ISIN: GB00BVFD4645

j)    Nature of the transaction

Grant of options

k)   Price(s) and volume(s)

Price(s)	Volume(s)
Nil	1,459,649

l)    Aggregated information:

i. Aggregated volume

ii. price

N/A

m)  Date of the transaction

31 August 2017

n)   Place of the transaction

Outside a trading venue 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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