Director/PDMR Shareholding

RNS Number : 5793C

Hargreaves Lansdown PLC

02 May 2012

 



Hargreaves Lansdown plc ("the Company") 

PDMR Shareholding 

2 May 2012

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 Director and PDMRs of the Company have yesterday announced that they have exercised an option to purchase ordinary shares of 0.4p each in the Company ("Ordinary Shares") under the Company's All Employee Save As You Earn ("SAYE") scheme.  The exercise price was £0.55 per Ordinary Share and the options were originally granted pursuant to the Hargreaves Lansdown 2007 SAYE scheme.

Director	Position	Number of shares over which option exercised	Resultant share holding (excluding any other share options)
Mrs Tracey Taylor	Director	22,550	756,641
Mr Ian Hunter	PDMR	22,550	756,916
Mr Lee Gardhouse	PDMR	25,575	944,114
Mr Mark Dampier	PDMR	26,675	940,862
Mr Nigel Bence	PDMR	28,325	228,659
Mr Alexander Davies	PDMR	20,900	1,163,680
Mr Stuart Louden	PDMR	25,025	375,650
Mr Nicholas Marson	PDMR	28,050	647,676

The Ordinary Shares issued in respect of this exercise of options have been satisfied by way of transfer of Ordinary Shares from the Company's Employee Benefit Trust.

The Save As You Earn scheme is an all employee scheme and the above are part of a larger employee exercise which took place on 1st May totalling 3,673,725 shares, representing 0.775% of the total issued share capital.  A total of 171 employees participated in the scheme.

On 2^nd May 2012, the Company also received notification that Mrs Tracey Taylor, a Director, sold a total of 8,700 Hargreaves Lansdown PLC 0.4p ordinary shares, and that a connected person, Mr J Taylor, sold 2,300 Hargreaves Lansdown PLC 0.4p ordinary shares at a price of 529 pence per share.

The total number of ordinary shares sold represents 0.002% of the ordinary shares in issue.  Mrs Taylor's resultant shareholding (including her connected parties) is 745,641 ordinary shares, which represents 0.16% of the issued share capital.

Hargreaves Lansdown (Nominees) Limited is the registered shareholder as nominee for the above Director and PDMRs.  

For further information contact:

Judy Matthews

Company Secretary

Hargreaves Lansdown

0117 988 9880

 

END

 

 

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