RNS Number : 8471P
HSS Hire Group PLC
24 May 2024
 

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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.

 

 

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

Giles Kernick

 

Tel: 07557 491 860

Tel: 020 7420 3155

Numis Securities (Nominated Adviser and Broker)

Tel: 020 7260 1000

Stuart Skinner

George Price


 

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