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RNS Number : 7508S
Hill & Smith Hldgs PLC
18 March 2021
 

Hill & Smith Holdings PLC ("the Company")

Director/PDMR Shareholding

18 March 2021

Grant of Deferred Bonus Plan share awards

The Company confirms that on 16 March 2021 it granted to each of its Executive Directors an award (structured as a nil-cost option) under the rules of its Deferred Bonus Plan in respect of bonuses earned for the year ending 31 December 2020.

 

Having determined the extent to which the bonuses were earned in respect of 31 December 2020, the Company's Remuneration Committee at its discretion, deemed it appropriate having considered the effect of the COVID-19 pandemic on the Group's performance, that the Executive Directors should defer 100% of the earned bonus into shares. As such, Paul Simmons has been granted a nil-cost option over 6,459 ordinary shares and Hannah Nichols has been granted a nil-cost option over 4,874 ordinary shares.

 

The awards were based on a share price of 1393.33p, being the average of the mid-market prices for the three trading days prior to the grant date of 16 March 2021.

 

Public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

Notification of Dealing Form

1

Details of the person discharging managerial responsibility/person closely associated with them

a)

Name

Paul Simmons

2

Reason for the notification

a)

Position/status

Chief Executive Officer

b)

Initial Notification/Amendment

Initial Notification

3

Details of the issuer

a)

Name

Hill & Smith Holdings PLC

b)

LEI

2138003A3ISGQZBOWI83

4

Details of the transactions

a)

Description of the financial instruments, type of instrument

Identification code

Ordinary Shares of £0.25 each

 

GB0004270301

b)

Nature of transaction

Grant of an award, structured as a nil cost option, under the Company's Deferred Bonus Plan

c)

Price (s) and volume (s)

Price (s)

 

Volume (s)

 

0p

6,459

 

 

d)

Aggregated information

Aggregated volume

Price

 

N/A

e)

Date of transaction

16 March 2021

f)

Place of transaction

Outside a trading venue

 

Notification of Dealing Form

1

Details of the person discharging managerial responsibility/person closely associated with them

a)

Name

Hannah Nichols

2

Reason for the notification

a)

Position/status

Chief Financial Officer

b)

Initial Notification/Amendment

Initial Notification

3

Details of the issuer

a)

Name

Hill & Smith Holdings PLC

b)

LEI

2138003A3ISGQZBOWI83

4

Details of the transactions

a)

Description of the financial instruments, type of instrument

Identification code

Ordinary Shares of £0.25 each

 

GB0004270301

b)

Nature of transaction

Grant of an award, structured as a nil cost option, under the Company's Deferred Bonus Plan

c)

Price (s) and volume (s)

Price (s)

 

Volume (s)

 

0p

4,874

 

 

d)

Aggregated information

Aggregated volume

Price

 

N/A

e)

Date of transaction

 16 March 2021

f)

Place of transaction

Outside a trading venue

 

Alex Henderson

Company Secretary

Tel: 44 (0) 121 704 7430

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