17 March 2015

Hill & Smith Holdings PLC

Notification under paragraphs 3.1.2R to 3.1.4R of the Disclosure and Transparency Rules

Hill & Smith 2007 Long-Term Incentive Plan

LTIP Vesting - 2012 Award

In clarification of the Director/PDMR Shareholding announcement published at 10:58am on 16 March 2015

(RNS Number: 5241H), the number of shares detailed as vested and repeated below were vested net of tax and national insurance liability payable by the individual and not subsequent to a separate disposal of shares at 594p each.

Hill & Smith 2014 Long-Term Incentive Plan

LTIP Award - 13 March 2015

On 13 March 2015 the Board of Hill & Smith Holdings PLC ("Hill & Smith" or the "Company") approved the grant of awards in the form of nil-cost options over ordinary shares in the Company in accordance with the provisions of the Hill & Smith Holdings 2014 Long Term Incentive Plan (the "LTIP"). 

Mr D W Muir has been granted a nil-cost option over 72,805 ordinary shares, Mr M Pegler has been granted a nil-cost option over 46,583 ordinary shares and Mr M A Tonks has been granted a nil-cost option over 33,902 ordinary shares. 

Mr Muir, Mr Pegler and Mr Tonks are persons discharging managerial responsibilities of the Company. 

The awards were based on a share price of 638.0p, being the average of the mid-market prices for the three trading days prior to the grant date of 13 March 2015. 

Under the rules of the LTIP and the Company's Remuneration Policy, the vesting of the Awards is subject to the achievement of set performance conditions which are based upon the growth in the Company's underlying earnings per share and its total shareholder return, over the three year period commencing on 1 January 2015 (the "Vesting Period"). The awards will (subject to the achievement of the performance conditions) vest following the end of the Vesting Period.

Following the grant of these Awards, Mr Muir, Mr Pegler and Mr Tonks have the following interests in the Company's shares:

Enquiries:

Alex Henderson

Company Secretary

Tel: 44 (0) 121 704 7430