HSS HIRE GROUP PLC — Remuneration Information 2018

Oct 9, 2018

National Storage Mechanism | Additional information

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RNS Number : 4777D

HSS Hire Group PLC

09 October 2018

09 October 2018

HSS Hire Group plc

Director/PDMR Shareholding

Grant of Options under the LTIP

On 8 October 2018, 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 7 August 2018, to the persons set out below.  These options are the "2018 Awards" referred to in the Circular dated 20 July 2018 relating to that General Meeting. 

Name	Type of option*	Number of shares subject to option	Per share exercise price of the option (pence)
Steve Ashmore	CSOP Option	84,745	35.40
Option	5,415,255	30.00
Paul Quested	CSOP Option	84,745	35.40
Option	3,165,255	30.00

*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 be subject to a share price performance condition measured over a four year performance period (unless an election is made in accordance with the rules of the Plan for performance to be assessed early, as described in the Circular), will vest following the announcement by the Company of its results for its 2021 Financial Year and will, ordinarily, be released at the end of the holding period which will end following the announcement of the Company's results for its 2022 Financial Year, as described in the Circular dated 20 July 2018. 

ENQUIRIES

HSS Hire Group plc	Investors@hss.com
Steve Ashmore, Chief Executive Officer
Paul Quested, Chief Financial Officer
Jonathan Edwards, Investor Relations, Treasury and Special Projects 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	5,500,000

e)   Aggregated information:

i. Aggregated volume

ii. price

N/A

f)    Date of the transaction

8 October 2018

g)   Place of the transaction

Outside a trading venue. 

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

c)   Name

Paul Quested

4.   Reason for the notification

a)   Position/status

Chief Financial Officer

b)   Initial notification / Amendment

Initial notification

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

a)   Name

HSS Hire Group plc

b)   LEI

2138004DGL1J6VQO6S92

5.   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	3,250,000

l)    Aggregated information:

i. Aggregated volume

ii. price

N/A

m)  Date of the transaction

8 October 2018

n)   Place of the transaction

Outside a trading venue. 

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