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RNS Number : 8471P HSS Hire Group PLC 24 May 2024
24 May 2024
HSS Hire Group Plc
Issue of shares to EBT and Total Voting Rights Announcement
HSS Hire Group Plc ("HSS" or the "Group") announces that it has allotted and
issued 5,818,910 ordinary shares of 1 pence each in the capital of the Group
(the "New Shares") to the HSS Employee Benefit Trust ("EBT"), in order to
satisfy exercises of certain awards granted to participants under the rules of
the Group's Long Term Incentive Plan.
The EBT now holds an aggregate of 5,818,910 Ordinary Shares, representing 0.8
percent of the issued share capital of the Group.
An application has been made to the London Stock Exchange for admission to
trading of the New Shares on AIM (the "Admission"). Admission is expected to
take place at 8.00 a.m. on Tuesday 28 May 2024.
Following Admission of the New Shares, the Group will have 710,806,864
Ordinary Shares of 1 pence each in issue. There are no shares held in
treasury. Therefore, following Admission of the New Shares, the total number
of voting rights in the Group will be 710,806,864 (the "Voting Rights
Figure"), and this Voting Rights Figure may be used by Shareholders as the
denominator for the calculations by which they will determine if they are
required to notify their voting rights interest, or a change to that interest,
in the Group under the FCA's Disclosure Guidance and Transparency Rules.
-Ends-
Notes to editors
HSS Hire Group plc provides tool and equipment hire and related services in
the UK and Ireland through a nationwide network of Group companies and
third-party suppliers. It offers a one-stop shop for all equipment through a
combination of its complementary rental and re-hire business to a diverse,
predominantly B2B customer base serving a range of end markets and activities.
Over 90% of its revenues come from business customers. HSS is listed on the
AIM Market of the London Stock Exchange. For more information please
see www.hsshiregroup.com (http://www.hsshiregroup.com/) .
For further information, please contact:
HSS Hire Group plc Tel: 020 3757 9248
Steve Ashmore, Chief Executive Officer Email: investors@hss.com
Teneo
Tom Davies Tel: 07557 491 860
Giles Kernick Tel: 020 7420 3155
Numis Securities (Nominated Adviser and Broker) Tel: 020 7260 1000
Stuart Skinner
George Price
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