Summary:
Ashtead Group plc has released a notification of transactions of persons discharging managerial responsibility or connected persons. Brendan Horgan, the CEO, and Michael Pratt, the CFO, have both been involved in transactions related to the vesting of nil-cost conditional awards and the sale of shares to cover applicable withholding tax and other deductions arising on the release of conditional awards under the Performance Share Plan and the Long-Term Incentive Plan. The transactions took place on 5 July 2024 at the London Stock Exchange XLON.
Brendan Horgan's transactions involved the vesting of 32,162 ordinary shares and 44,901 ordinary shares, with an aggregated total of 77,063 shares at a price of 51.12, amounting to £3,939,461. Additionally, he sold 15,468 shares and 21,595 shares, with an aggregated total of 37,063 shares at a price of 51.12, amounting to £1,894,661.
Michael Pratt's transactions included the vesting of 19,314 ordinary shares and 24,032 ordinary shares, with an aggregated total of 43,346 shares at a price of 51.12, amounting to £2,215,848. He also sold 9,051 shares and 11,295 shares, with an aggregated total of 20,346 shares at a price of 51.12, amounting to £1,040,088.
This notice is given in fulfillment of the obligation under Article 19 of the Market Abuse Regulation. For further inquiries, individuals can contact Alan Porter at Ashtead Group at 020 7726 9700.