Director/PDMR Shareholding

RNS Number : 9009B

Hargreaves Lansdown PLC

09 April 2013

 



Hargreaves Lansdown plc

("Hargreaves Lansdown plc" or "the Company")  

DIRECTOR / PDMR Shareholding  

9^th April 2013

Notification of Transaction of Directors, Persons Discharging Managerial Responsibility ("PDMR") or Connected Persons  

Hargreaves Lansdown plc (the "Company") has received notification today from Ian Gorham, a Director, that on 8^th April 2013, he exercised the following share options:

Name of Scheme	No of shares exercised	Exercise Price	Grant Date
Approved Share Option Scheme	10,569	283.84p	9th October 2009
Unapproved Executive Share Option Scheme	239,431	283.84p	9th October 2009

The market value at the date of exercise was 849.25p.  No new shares have been issued as a result of the exercise of the share options.

Following the exercise of the share options, Mr Gorham sold a total of 192,372 ordinary shares of 0.4 pence in the Company ("ordinary shares") at a price of 849.25p per share, primarily to meet taxation arising and the option purchase costs.  The number of ordinary shares sold represented 0.041% of the ordinary shares in issue.  Mr Gorham now retains an additional 57,628 ordinary shares, which increases his shareholding (including his connected persons) to a total 282,628 shares (0.06% of the ordinary shares in issue).

Mr Gorham retains a number of unexercised share options as follows:

Name of Scheme	Number of shares over which option granted
Unapproved Executive Share Option Scheme	1,300,000
Unapproved Share Option Plan 2012	60,000
Save As You Earn	4,109

Hargreaves Lansdown (Nominees) Limited is the registered shareholder as nominee for the above PDMR.

This announcement is made under the UKLA's Disclosure and Transparency Rule 3.1.2R.

Enquiries:

Judy Matthews

Company Secretary

Hargreaves Lansdown

[phone]

 

END

 

 

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