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. Disclaimer HSS Hire Group plc published this content on 20 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 20 July 2018 17:07:03 UTC
Speedy Hire peer, HSS has reported financial year figures inline with expectations. The company’s pre-tax loss increased from £8.5m to £13.8m largely due to higher depreciation costs relating to a larger hire fleet. HSS plans to reduce its capital expenditure after two strong years of fleet investment and opening a new National Distribution and Engineering Centre in H1 2016.