REG - Hill & Smith PLC - Director/PDMR Shareholding
02/04/2025 14:30
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RNS Number : 3951D Hill & Smith PLC 02 April 2025
2 April 2025
Hill & Smith PLC ('Hill & Smith' or 'the Company')
Director and PDMR Shareholdings
Hill & Smith announces the following dealings by Directors and PDMRs of
the Company in connection with its employee share plan arrangements.
Hill & Smith 2023 Long Term Incentive Plan - 2025 Award ('LTIP')
On 1 April 2025 (the 'Grant Date'), the Company granted awards under the Hill
& Smith 2023 Long Term Incentive Plan to the Directors / PDMRs as set out
below:
Director / PDMR Director / PDMR Job Title Type of award Number of shares
Director Rutger Helbing Chief Executive Officer Nil-cost option 68,496
PDMR Tim Tehan Group President Conditional award 18,327
PDMR Nick Adcock Group President Nil-cost option 15,850
The number of shares over which the awards were granted was calculated based
on a share price of £17.46, that being the closing mid-market price from the
day immediately preceding the date of grant.
The Awards will vest based on the achievement of relative Total Shareholder
Return (40%), Underlying EPS Growth (50%) and the Company's reduction in
greenhouse gas ("GHG") emissions (10%) over a 3-year performance period. The
detailed performance conditions will be provided in the 2025 Directors'
Remuneration Report.
The Awards will (subject to the achievement of the performance conditions)
vest following the end of the performance period, for Rutger Helbing as an
Executive Director, the LTIP may not ordinarily be exercised until the end of
a further two-year holding period.
Deferred Bonus Plan awards in respect of 2024 bonuses
On 1 April 2025 the Company granted awards under the rules of its Deferred
Bonus Plan in respect of bonuses earned for the year ended 31 December 2024.
The Company confirms that:
Director / PDMR Director / PDMR Job Title Type of award Number of shares
Director Rutger Helbing Chief Executive Officer Nil-cost option 6,755
PDMR Hannah Nichols Group President Nil-cost option 11,846
PDMR Nick Adcock Group President Nil-cost option 3,486
The awards will vest following the end of a two-year deferral period.
The Notification of Dealing Forms for the above transactions are set out
below:
Notification of Dealing Form for Rutger Helbing
1. Details of the person discharging managerial responsibilities/person closely
associated
(a) Name Rutger Helbing
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 PLC
(b) LEI 2138003A3ISGQZBOWI83
4.1 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
(a) Description of the Financial Instrument Ordinary shares of £0.25 each
(b) Identification code of the Financial Instrument GB0004270301
(c) Nature of the transaction Grant of nil-cost options under the Hill & Smith 2023 Long Term Incentive
Plan
(d) Price(s) and volume(s) Price(s) Volume
Nil 68,496
(e) Aggregated information: N/A
- Aggregated volume
- Price
(f) Date of the transaction 1 April 2025
(g) Place of the transaction Outside a trading venue
4.2 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
(a) Description of the Financial Instrument Ordinary shares of £0.25 each
(b) Identification code of the Financial Instrument GB0004270301
(c) Nature of the transaction Grant of nil-cost options under the Hill & Smith Deferred Bonus Plan
(d) Price(s) and volume(s) Price(s) Volume
£17.46 6,755
(e) Aggregated information: N/A
- Aggregated volume
- Price
(f) Date of the transaction 1 April 2025
(g) Place of the transaction Outside a trading venue
(e)
Aggregated information:
- Aggregated volume
- Price
N/A
(f)
Date of the transaction
1 April 2025
(g)
Place of the transaction
Outside a trading venue
4.2
Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
(a)
Description of the Financial Instrument
Ordinary shares of £0.25 each
(b)
Identification code of the Financial Instrument
GB0004270301
(c)
Nature of the transaction
Grant of nil-cost options under the Hill & Smith Deferred Bonus Plan
(d)
Price(s) and volume(s)
Price(s) Volume
£17.46 6,755
(e)
Aggregated information:
- Aggregated volume
- Price
N/A
(f)
Date of the transaction
1 April 2025
(g)
Place of the transaction
Outside a trading venue
Notification of Dealing Form for Nicholas Adcock
1. Details of the person discharging managerial responsibilities/person closely
associated
(a) Name Nicholas Adcock
2. Reason for the notification
(a) Position/status Group President
(b) Initial notification/ Amendment Initial notification
3. Details of the issuer
(a) Name Hill & Smith PLC
(b) LEI 2138003A3ISGQZBOWI83
4.1 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
(a) Description of the Financial Instrument Ordinary shares of £0.25 each
(b) Identification code of the Financial Instrument GB0004270301
(c) Nature of the transaction Grant of nil-cost options under the Hill & Smith 2023 Long Term Incentive
Plan
(d) Price(s) and volume(s) Price(s) Volume
Nil 15,850
(e) Aggregated information: N/A
- Aggregated volume
- Price
(f) Date of the transaction 1 April 2025
(g) Place of the transaction Outside a trading venue
4.2 Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
(a) Description of the Financial Instrument Ordinary shares of £0.25 each
(b) Identification code of the Financial Instrument GB0004270301
(c) Nature of the transaction Grant of nil-cost options under the Hill & Smith Deferred Bonus Plan
(d) Price(s) and volume(s) Price(s) Volume
£17.46 3,486
(e) Aggregated information: N/A
- Aggregated volume
- Price
(f) Date of the transaction 1 April 2025
(g) Place of the transaction Outside a trading venue
(e)
Aggregated information:
- Aggregated volume
- Price
N/A
(f)
Date of the transaction
1 April 2025
(g)
Place of the transaction
Outside a trading venue
4.2
Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
(a)
Description of the Financial Instrument
Ordinary shares of £0.25 each
(b)
Identification code of the Financial Instrument
GB0004270301
(c)
Nature of the transaction
Grant of nil-cost options under the Hill & Smith Deferred Bonus Plan
(d)
Price(s) and volume(s)
Price(s) Volume
£17.46 3,486
(e)
Aggregated information:
- Aggregated volume
- Price
N/A
(f)
Date of the transaction
1 April 2025
(g)
Place of the transaction
Outside a trading venue
Notification of Dealing Form for Tim Tehan
1. Details of the person discharging managerial responsibilities/person closely
associated
(a) Name Tim Tehan
2. Reason for the notification
(a) Position/status Group President
(b) Initial notification/ Amendment Initial notification
3. Details of the issuer
(a) Name Hill & Smith PLC
(b) LEI 2138003A3ISGQZBOWI83
4. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
(a) Description of the Financial Instrument Ordinary shares of £0.25 each
(b) Identification code of the Financial Instrument GB0004270301
(c) Nature of the transaction Grant of a Conditional Award under the Hill & Smith 2023 Long Term
Incentive Plan
(d) Price(s) and volume(s) Price(s) Volume
Nil 18,327
(e) Aggregated information: N/A
- Aggregated volume
- Price
(f) Date of the transaction 1 April 2025
(g) Place of the transaction Outside a trading venue
(e)
Aggregated information:
- Aggregated volume
- Price
N/A
(f)
Date of the transaction
1 April 2025
(g)
Place of the transaction
Outside a trading venue
Notification of Dealing Form for Hannah Nichols
1. Details of the person discharging managerial responsibilities/person closely
associated
(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 PLC
(b) LEI 2138003A3ISGQZBOWI83
4. Details of the transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and (iv) each
place where transactions have been conducted
(a) Description of the Financial Instrument Ordinary shares of £0.25 each
(b) Identification code of the Financial Instrument GB0004270301
(c) Nature of the transaction Grant of nil-cost options under the Hill & Smith Deferred Bonus Plan
(d) Price(s) and volume(s) Price(s) Volume
£17.46 11,846
(e) Aggregated information: N/A
- Aggregated volume
- Price
(f) Date of the transaction 1 April 2025
(g) Place of the transaction Outside a trading venue
(e)
Aggregated information:
- Aggregated volume
- Price
N/A
(f)
Date of the transaction
1 April 2025
(g)
Place of the transaction
Outside a trading venue
Enquiries:
Karen Atterbury
Company Secretary
0121 704 7430
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