23rd Dec 2005 10:22
Speedy Hire PLC23 December 2005 23 December 2005 Speedy Hire Plc ("Speedy Hire" or the "Company") Persons Discharging Managerial Responsibility ("PDMR") - Interest in Shares Speedy Hire announces the following changes to PDMR's interests in the Company'sordinary 5p shares ("Shares"). A Bultitude, M Knott, S Richards and C Veritiero, PDMR of the Company, haveyesterday been granted options (detailed below) to purchase Shares under theCompany's SAYE Scheme. The SAYE Scheme is an all employee scheme which wasapproved by shareholders at the AGM in July 2004. In consideration of these options, each PDMR will make monthly savings duringthe associated three year savings contract. At the end of the three years abonus of 1.4 times one month's saving will be given. The exercise price is £6.24per Share. These options will normally be exercisable during a six month period commencingon 1 February 2009. Following these grants, each of the PDMR will hold options/awards over Shares asshown below: PDMR Options granted under SAYE Total Shares over which Options/Awards Held A Bultitude 899 2,512 M Knott 1,498 7,050 S Richards 599 7,834 C Veritiero 1,498 6,494 -ends- Enquiries: Speedy Hire PlcFrank Dee, Chairman Remuneration CommitteeNeil O'Brien, Finance DirectorTel: 01942 720 000 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Speedy Hire