Director/PDMR Shareholding

RNS Number : 0261K

Hargreaves Lansdown PLC

13 April 2015

 

Hargreaves Lansdown plc

DIRECTOR / PDMR Shareholding  

13 April 2015

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

Unapproved share options exercise and share sale/transfer

Hargreaves Lansdown plc has received notification today from Mark Dampier, a PDMR, that on 10 April 2015 he exercised the following share options:

Name of Scheme	No of shares exercised	Exercise Price	Grant Date
Unapproved Executive Share Option Scheme	100,000	606.3p	18 March 2011

The market value at the date of exercise was £12.29.  No new shares have been issued as a result of the exercise of the share options.

Following the exercise of the share options, Mr Dampier sold a total of 72,922 ordinary shares of 0.4 pence in the Company ("ordinary shares") at a price of £12.23 per share.  This sale was made partly to meet taxation arising on exercise of the share options and partly to meet the purchase costs of increasing his shareholding in the company.  The number of ordinary shares sold represented 0.015% of the ordinary shares in issue.  

On 13 April 2015, Mr Dampier also transferred a total of 13,000 ordinary shares to his son, for no consideration.  The number of ordinary shares transferred represented 0.003% of the ordinary share capital in issue.

Following these transactions, the beneficial shareholding of Mr Dampier (including his connected persons) is 806,695 ordinary shares representing 0.17% of the ordinary shares in issue.  

Share sale

Hargreaves Lansdown plc has received notification today from Lee Gardhouse, a PDMR, that on 10 April 2015, his wife Mrs H Gardhouse, a Connected Person, sold a total of 25,000 ordinary shares at a price of £12.24 per share. The number of ordinary shares sold represented 0.005% of the ordinary shares in issue.

Following this transaction, the beneficial shareholding of Mr Gardhouse (including his connected persons) is 807,247 ordinary shares representing 0.17% of the ordinary shares in issue.  

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 plc

[phone]

 

END

 

 

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