Result of General Meeting
HSS Hire Group plc announced that all resolutions at its General Meeting on 6 November 2025 were duly passed by requisite majorities, with key approvals for the THSC Disposal and Speedy Hire Investment receiving over 99.9% of votes cast, representing approximately 82.49% of the 715,112,880 ordinary shares in issue. The Transaction remains inter-conditional, subject only to the CMA Condition and the admission of 79,368,711 new Ordinary Shares to AIM, which is anticipated to become effective at 8:00 a.m. on 17 November 2025. The CMA has confirmed no further questions regarding the Transaction. Following Admission, the company expects to change its name to ProService Building Services Marketplace plc.
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HSS Hire Group plc (the "Company") announces that at the GM held earlier today, all resolutions set out in the notice of meeting of shareholders dated 17 October 2025 ("Notice of Meeting"), including shareholder approval of the transactions contemplated by the THSC Disposal and the Speedy Hire Investment (as such terms, and any other terms in this announcement not otherwise defined in this announcement, are defined in the circular accompanying the Notice of Meeting) (together with the Speedy Hire Commercial Agreement, the "Transaction"), were voted on a poll and were duly passed by the requisite majorities.
Next steps and expected timetable
Following shareholder approval of resolutions 5, 6 and 9, the Transaction remains inter-conditional but, otherwise, subject only to the satisfaction of the CMA Condition and admission of the shares subscribed for by Speedy Hire plc to trading on AIM ("Admission"). The CMA has confirmed to the Company and Speedy Hire plc that it has no further questions in response to the briefing paper submitted by Speedy Hire plc in connection with the Transaction, but the CMA Condition cannot be satisfied until the dealing day before Admission. Except for the inter-conditionality of the Transaction, Admission is the last condition to the Transaction to be satisfied, which is currently anticipated to be at 8.00 a.m. on 17 November 2025. The change of name of the Company to ProService Building Services Marketplace plc is expected to become effective shortly after Admission.
Accordingly, application has been made to the London Stock Exchange for the 79,368,711 new Ordinary Shares to be admitted to trading on AIM and it is expected that Admission will become effective and trading will commence at 8.00 a.m. on or around 17 November 2025.
The results of the poll are set out below.
| Ordinary resolutions | Votes for | % Votes for 1 | Votes against | % Votes against 1 | Total votes validly cast | % of issued share capital voted 1,2,3 | Votes withheld 2 |
|---|---|---|---|---|---|---|---|
| Resolution 1: To receive the Company's annual accounts and the reports of the Directors and auditors thereon for the financial year ended 31 March 2025. | 589,815,232 | 99.99% | 71,450 | 0.01% | 589,886,682 | 82.49 | 11,598,003 |
| Resolution 2: To approve the Directors' remuneration report (including the directors' remuneration policy) for the financial year ended 31 March 2025. | 540,341,097 | 98.12% | 10,350,242 | 1.88% | 550,691,339 | 77.01 | 50,793,346 |
| Resolution 3: To re-appoint BDO LLP as the Company's auditors until the conclusion of the next general meeting of the Company at which accounts are laid. | 550,782,798 | 99.98% | 112,576 | 0.02% | 550,895,374 | 77.04 | 50,589,311 |
| Resolution 4: To authorise the Directors to fix the remuneration of the Company's auditor. | 589,608,001 | 99.98% | 104,690 | 0.02% | 589,712,691 | 82.46 | 11,771,994 |
| Resolution 5: To, subject to and conditional upon the passing of resolutions 6 and 9, authorise the Directors to allot shares in the Company. | 589,517,069 | 99.97% | 192,622 | 0.03% | 589,709,691 | 82.46 | 11,774,994 |
| Resolution 6: To, subject to and conditional upon the passing of resolutions 5, and 9, approve the THSC Disposal and the Speedy Hire APA, as a fundamental change in business for the purposes of Rule 15 of the AIM Rules for Companies. | 589,764,071 | 99.98% | 128,303 | 0.02% | 589,892,374 | 82.49 | 11,592,311 |
| Resolution 7: To, subject to and conditional upon the passing of resolutions 5, 6 and 9, authorise the directors to allot shares in the Company or rights to subscribe for, or convert any securities into, shares in the Company. | 589,699,752 | 99.97% | 192,622 | 0.03% | 589,892,374 | 82.49 | 11,592,311 |
| Resolution 8: To, subject to and conditional upon the passing of resolutions 5, 6 and 9 and Admission occurring, change the name of the Company to ProService Building Services Marketplace plc. | 589,694,416 | 99.97% | 192,958 | 0.03% | 589,887,374 | 82.49 | 11,597,311 |
| Resolution 9: To, subject to and conditional upon the passing of resolutions 5 and 6, authorise the Directors to allot equity securities for cash as if s.561 did not apply. | 589,598,448 | 99.95% | 286,863 | 0.05% | 589,885,311 | 82.49 | 11,599,374 |
| Resolution 10: To, subject to and conditional upon the passing of resolution 7, authorise the Directors to allot equity securities for cash as if s.561 did not apply. | 589,594,538 | 99.95% | 290,773 | 0.05% | 589,885,311 | 82.49 | 11,599,374 |
| Resolution 11: To, subject to and conditional upon the passing of resolution 7, authorise the Directors to allot equity securities for cash as if s.561 did not apply. | 589,602,942 | 99.95% | 282,369 | 0.05% | 589,885,311 | 82.49 | 11,599,374 |
Notes:
- The percentages above are rounded to two decimal places.
- The number of ordinary shares in issue on 6 November 2025 was 715,112,880. Shareholders are entitled to one vote per share.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.