Speedy Hire PLC Director/PDMR Shareholding (4239U)
July 29 2015 - 5:43AM
UK Regulatory
TIDMSDY
RNS Number : 4239U
Speedy Hire PLC
29 July 2015
Speedy Hire Plc (the "Company")
Notification of transactions by Persons Discharging Management
Responsibilities ("PDMRs")
The Company announces the following transactions by a PDMR in
the Company's ordinary 5p shares ("Shares").
Award Exercise and Associated Sale of Shares
An award granted in 2012 under the Company's 2004 Performance
Share Plan ("PSP"), which vested on 20 June 2015, was exercised on
28 July 2015. The award was a right to acquire Shares for nil
consideration, subject to the rules of the PSP and to performance
targets (relative total shareholder return and a financial
underpin). Details of the award exercised by Tracey Atkin, a Person
Discharging Managerial Responsibilities ("PDMR"), are set out
below.
The exercise of the award was satisfied by the transfer of the
relevant number of Shares from the Company's Employee Benefits
Trust.
Tracey Atkin has sold all of the Shares acquired on exercise of
her award. The transaction took place in the United Kingdom and
details of these dealings are as follows:
Director/PDMR Date of Exercise Aggregate Number of Date of Sale Number of Shares Sold Average Sale Price
Shares Acquired on
Exercise of PSP
Award
Tracey Atkin 28 July 2015 108,728 28 July 2015 108,728 GBP0.517500
------------------ --------------------- ------------- ---------------------- -------------------
The above notification is intended to satisfy the Company's
obligations under Disclosure and Transparency Rule 3.1.4 R
(1)(a).
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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