Director/PDMR Shareholding
Hargreaves Lansdown plc ("the Company")
DIRECTOR / PDMR Shareholding
23 March 2011
Notification of Transaction of Directors, Persons Discharging Managerial Responsibility ("PDMR") or Connected Persons in accordance with Disclosure Rules 3.1.4R(1)(a).
The Company announces the following PDMRs/directors of the Company have today advised that they have accepted an option to purchase ordinary shares of 0.4p each in the Company ("Ordinary Shares") which were granted on 18th March 2011 under the Directors remuneration scheme.
|
Name |
Position |
No of unapproved share options awarded |
Total number of shares over which options are held following notification |
Total current share holding |
|
|
Nigel Bence |
PDMR |
255,528 |
312,317 |
187,684 |
|
|
Mark Dampier |
PDMR |
100,000 |
155,282 |
923,187 |
|
|
Lee Gardhouse |
PDMR |
300,000 |
354,920 |
903,879 |
|
Note: The share options have been awarded under the Company's Executive Share Option Scheme as part of the Directors remuneration scheme detailed in the Company's annual report for the year ended 30 June 2010. Under the terms of the scheme, Directors are allowed to waive part of their annual cash bonus in lieu of a set option award. The options can be exercised between 18 March 2014 and 17 March 2021. The grant was made with an exercise price of 606.3p and no payment was made in respect of the grant.
The Directors remuneration scheme is designed to focus and reward executives for achieving specific objectives and operational improvements which will drive the Company's performance.
For further information contact
Judy Matthews
Company Secretary
Hargreaves Lansdown
0117 988 9880
This information is provided by RNS