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SPEEDY HIRE PLC

Director's Dealing Nov 25, 2014

4720_dirs_2014-11-25_907778f8-011b-4d2e-b282-3d2a725f88af.html

Director's Dealing

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RNS Number : 9532X

Speedy Hire PLC

25 November 2014

Speedy Hire Plc (the "Company")

Notification of transactions by Persons Discharging Management Responsibilities

("PDMRs")

The Company announces the following transactions by PDMRs in the Company's ordinary 5p shares ("Shares"):

2014 PSP Awards

On 24 November 2014, awards (the "PSP Awards") were made under the Company's 2014 Performance Share Plan ("PSP").  The PSP Awards are rights to acquire Shares for nil consideration, subject to the rules of the PSP and to the satisfaction of the applicable performance targets.

No consideration was payable on the grant of the PSP Awards.

In the normal course of events, the PSP Awards will become exercisable as from the third anniversary of the grant of the PSP Awards, subject to the awardholder's continued service and to the extent to which objective earnings per share and total shareholder return performance conditions (measured over a single period comprising three financial years of the Company) have been satisfied.

Once exercisable, the PSP Awards will ordinarily be exercisable until the eve of the 10th anniversary of the grant of the PSP Awards.

In the case of the PSP Award granted to Mark Rogerson, a term of his PSP Award includes that he will be required to retain the net of tax number of vested shares (if any) delivered under the PSP Award until 1 August 2019.

The PSP Awards that have been made to PDMRs in respect of the number of Shares set out below:

Name Number of shares

subject to PSP Award
Mark Rogerson 567,879
Adrian Murphy 248,447
Tony Bennett 146,406
Ian Scapens 127,661
Tracey Atkin 124,223
Ed Cowell 124,223
Colin Naylor 118,543
James Blair 100,305
Mike Heafield 97,604
Steve Giblin 97,604

The above notification is intended to satisfy the Company's obligations under Disclosure and Transparency Rule 3.1.4(a).

- ends -

Enquiries:

James Blair

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

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