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Competition and Markets Authority (CMA) Unconditional Clearance

Competition & Markets Authority (CMA) unconditional clearance

HSS welcomes the announcement from the Competition and Markets Authority that it has given unconditional clearance for  Nationwide Platforms Limited, a wholly-owned subsidiary of the Loxam Group, to acquire UK Platforms Limited from HSS for a total Enterprise Value of £60.5 million.

Proposal to approve changes to the Company’s Long Term Incentive Plan, to approve grants to participants, including to the Company’s Executive Directors and to make consequential amendments to the Company’s other share plans

Proposal to approve changes to the Company’s Long Term Incentive Plan, to approve grants to participants, including to the Company’s Executive Directors and to make consequential amendments to the Company’s other share plans

This Circular should be read as a whole. Your attention, in particular, is drawn to the letter from the Chairman of HSS that is set out in PART I  of this document and which contains a recommendation from the Directors that you vote in favour of the Resolution to be proposed at the General Meeting.

Proposed Disposal of UK Platforms Limited Circular to Shareholders and Notice of General Meeting

Proposed Disposal of UK Platforms Limited Circular to Shareholders and Notice of General Meeting

This Circular should be read as a whole. Your attention, in particular, is drawn to the risk factors set out in PART II of this document and the letter from the Chairman of HSS that is set out in PART I of this document and which contains a recommendation from the Directors that you vote in favour of the Resolutions to be proposed at the General Meeting.

HSS Hire Group plc Publication of Circulars

HSS Hire Group plc Publication of Circulars

Further to the announcement made on 19 July 2018 regarding the proposed disposal of UK Platforms to Nationwide Platforms, a wholly-owned subsidiary of Loxam for a total Enterprise Value of £60.5 million, HSS today announces that a circular dated 20 July 2018 has been approved by the UK Listing Authority.

Proposed Disposal of UK Platforms Limited

Proposed Disposal of UK Platforms Limited

HSS announces that it has entered into a conditional agreement with Nationwide Platforms Limited, a wholly-owned subsidiary of the Loxam Group, with respect to the sale of UK Platforms Limited, for a total Enterprise Value of £60.5 million.

Trading and Strategy Progress Update

HSS reaffirms guidance and updates on strategy progress

HSS Hire Group plc (“HSS” or the “Group”) issues the following update ahead of the publication of its full year results for the 52 weeks ending 30 December 2017 on 5 April 2018.

Q1 Trading Update for HSS Hire Group plc

HSS Hire Group plc (“HSS” or the “Group”), today announces an update on the performance of the Group for the 13 week period ended 30 September 2017.

In line with its reporting obligations to holders of its Senior Secure Notes, the Group’s wholly owned subsidiary Hero Acquisitions Limited has today provided an update to noteholders on its performance for the 39 week period ended 30 September 2017. Details for the results call for Hero Acquisitions can be found at the end of this announcement.

Shareholder circular to convene General Meeting

Shareholder circular to convene General Meeting

The circular containing a notice convening a General Meeting relating to proposed amendments to the Company’s Long Term Incentive Plan for awards in respect of the 2017 – 2020 performance period is available for download here.

Please note that an amended version of the Circular sent to shareholders on 20 July 2017 has now been attached. This corrects a minor typographical error in the last line of page 16 of the Circular.

Q1 17 Trading Update for HSS Hire Group plc

HSS Hire Group plc (“HSS” or the “Group”) announces an update on the performance of the Group for the 13 week period ended 1 April 2017.

In line with its reporting obligations to holders of its Senior Secured Notes, the Group’s wholly-owned subsidiary Hero Acquisitions Limited has today provided an update to noteholders on its performance for the same period. Details for the results call for Hero Acquisitions Limited can be found at the end of this announcement.

Appointment of CEO

HSS Hire Group plc (“HSS”) is pleased to announce that Steve Ashmore will join the Group as Chief Executive Officer on 1 June 2017.

Steve brings considerable leadership experience and consistent delivery of growth and value in a range of industries complementary to HSS including building products supply, logistics and distribution.

HSS Directorate Change

HSS Hire Group plc (“HSS” or the “Company”) announces that John Gill, CEO, is to step down after eight years at HSS. It is intended that he will leave the Company once a successor is in post, following a handover period.

The search for a new CEO is under way and the Board will update shareholders on its progress in due course.

9M 16 Trading Update for HSS Hire Group plc

HSS Hire Group plc announces an update on the performance of the Group for the 40 week period ended 1 October 2016.

In line with its reporting obligations to holders of its Senior Secured Notes, the Group’s wholly-owned subsidiary Hero Acquisitions Limited has today provided an update to noteholders on its performance for the same period. Details for the results call for Hero Acquisitions Limited can be found at the end of this announcement.

Placing to raise £13.0m

Placing to raise £13.0m

HSS Hire Group plc announces that it has conditionally placed 15,445,238 new ordinary shares in the capital of HSS at a placing price of 83.875p per New Ordinary Share with certain existing institutional shareholders to raise approximately £13.0 million before expenses.

Appointment of Chief Financial Officer

Appointment of Chief Financial Officer

HSS Hire Group plc is pleased to announce the appointment of Paul Quested as Chief Financial Officer. Paul will join the Group and become an Executive member of the Board with effect from August 22nd 2016.

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