HSS Hire Group Issues New Shares to Employee Benefit Trust

HSS Hire ( (GB:HSS) ) has issued an announcement.

HSS Hire Group Plc has issued 3,404,025 new ordinary shares to its Employee Benefit Trust to fulfill awards under its Long Term Incentive Plan. These shares represent 0.5% of the company’s issued share capital and are expected to be admitted for trading on AIM by the London Stock Exchange on June 5, 2025. This issuance increases the total number of voting rights in the company to 714,210,889, which shareholders can use to determine their voting rights interest under FCA guidelines.

The most recent analyst rating on (GB:HSS) stock is a Buy with a £13.00 price target. To see the full list of analyst forecasts on HSS Hire stock, see the GB:HSS Stock Forecast page.

More about HSS Hire

HSS Hire Group plc operates through two distinct but complementary businesses primarily serving business customers. HSS ProService is a leading digital marketplace focused on customer and supplier acquisition, offering a wide range of building services including hire, resale, materials, and training. The Hire Services Company provides tool and equipment hire and related services across the UK through a network of group companies and third-party suppliers, catering to a diverse B2B customer base.

Average Trading Volume: 644,670

Technical Sentiment Signal: Sell

Current Market Cap: £49.33M

See more insights into HSS stock on TipRanks’ Stock Analysis page.