HSS Hire Group PLC Issue of new shares to HPS Investment Partners (0552W)
December 17 2021 - 6:04AM
UK Regulatory
TIDMHSS
RNS Number : 0552W
HSS Hire Group PLC
17 December 2021
17 December 2021
HSS Hire Group plc
("HSS Hire" or the "Company")
Issue of new shares to HPS Investment Partners
HSS today announces that it has issued 8,510,300 new ordinary
shares in the Company (the "Shares") to HPS Investment Partners(1)
pursuant to the exercise of share warrants, at a price of GBP0.01
per share. The share warrants were granted to HPS Investment
Partners on 20 June 2018 in connection with its provision of a
GBP220m term loan facility to the Company and became exercisable on
prepayment thereof, following the Company's refinancing as
announced on 10 November 2021.
The Shares were allotted pursuant to the Company's existing
general authority to allot on a non-pre-emptive basis. Admission of
the Shares to trading on AIM is expected to take place on or around
22 December 2021.
As at 17 December 2021 the Company's issued share capital
consists of 704,987,954 ordinary shares of one pence each. The
Company does not hold any shares in treasury. The total number of
voting rights in the Company as at 17 December 2021 is therefore
704,987,954. This figure may be used by shareholders as the
denominator for the calculations by which they determine if they
are required to notify their interest in, or a change in their
interest in, the Company under the Disclosure Guidance and
Transparency Rules of the Financial Conduct Authority.
(1) Certain funds and/or accounts, or subsidiaries of such funds
and/or accounts, managed, advised or controlled by HPS Investment
Partners, LLC or a subsidiary/affiliate thereof.
For further information, please contact:
HSS Hire Group plc Tel: 020 3757 9248
Steve Ashmore, Chief Executive Officer Please email: investors@hsshire.com
Paul Quested, Chief Financial Officer
Numis Securities Tel: 020 7260 1000
Stuart Skinner
George Price
George Shiel
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
IOEFDLFFFLLBFBL
(END) Dow Jones Newswires
December 17, 2021 06:04 ET (11:04 GMT)
Hss Hire (LSE:HSS)
Historical Stock Chart
From Jun 2024 to Jul 2024
Hss Hire (LSE:HSS)
Historical Stock Chart
From Jul 2023 to Jul 2024