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Grant of awards under the LTIP

Grant of awards under the LTIP.

articleProservice Building Services Marketplace PlcJune 5, 20194/company/proservice-building-services-marketplace-plc/news/grant-of-awards-under-the-ltip
Grant of awards under the LTIP

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[{"type":"text","content":"\n \nRNS Number : 2596B HSS Hire Group PLC 05 June 2019  \n\nHSS Hire Group plc\nDirector/PDMR Shareholding\nGrant of awards under the LTIP\nOn 4 June 2019, HSS Hire Group plc (the \"Company\") granted nil-cost options over ordinary shares in the Company in accordance with the Company's 2015 Long Term Incentive Plan (the \"Plan\") to the Executive Directors and other Person Discharging Managerial Responsibilities set out below. \n\n\n\n\nName\n\n\nNumber of shares subject to award \n\n\n\n\nSteve Ashmore\n\n\n1,020,833\n\n\n\n\nPaul Quested\n\n\n736,111\n\n\n\n\nTom Shorten\n\n\n736,111\n\n\n\n\n \nThe vesting of the awards is subject to the satisfaction of performance conditions based on EPS and ROCE as referred to in the Directors' Remuneration Report in the Company's Annual Report and Accounts for the year ended 29 December 2018, which will be assessed over three financial years.  To the extent the awards vest, they will be subject to a two year holding period following the end of the performance period.  \nThis announcement, including the notifications below, has been made in accordance with the requirements of the EU Market Abuse Regulation. \n \n \n\n\n\n\n1.\n\n\nDetails of PDMR / person closely associated with them (\"PCA\")\n\n\n\n\na)\n\n\nName\n\n\nSteve Ashmore\n\n\n\n\n2.\n\n\nReason for the notification\n \n \n              \n\n\n\n\na)\n\n\nPosition / status\n\n\nChief Executive Officer\n\n\n\n\nb)\n\n\nInitial notification / amendment\n\n\nInitial notification\n\n\n\n\n3.\n\n\nDetails of the issuer\n\n\n\n\na)\n\n\nName\n\n\nHSS Hire Group plc \n\n\n\n\nb)\n\n\nLEI\n\n\n2138004DGL1J6VQO6S92\n\n\n\n\n4.\n\n\nDetails of the transaction(s): section to be repeated for (i) each type of\ninstrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted\n\n\n\n\na)\n\n\nDescription of the financial instrument, type of instrument\n\n\nOrdinary shares of 1p each in the capital of HSS Hire Group plc  \n\n\n\n\nb)\n\n\nIdentification code\n\n\nGB00BVFD4645\n\n\n\n\nc)\n\n\nNature of the transaction\n\n\nGrant of option\n\n\n\n\nd)\n\n\nPrice(s) and\nvolume(s)\n\n\n\n\n\n\nPrice(s)\n\n\nVolume(s)\n\n\n\n\nN/A\n\n\n1,020,833\n\n\n\n\n \n\n\n\n\ne)\n\n\nAggregat...

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