Director/PDMR Shareholding

RNS Number : 2615R

Hargreaves Lansdown PLC

25 June 2015

 



Hargreaves Lansdown plc

DIRECTOR / PDMR Shareholding  

25^th June 2015

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

Hargreaves Lansdown plc has received notification today from David Davies, a PDMR, that on 23^rd June 2015 he exercised the following share options:

Name of Scheme	No of shares exercised	Exercise Price	Grant Date
Unapproved Executive Share Option Scheme	50,000	347.2p	25 March 2010
Unapproved Executive Share Option Scheme	200,000	441.3p	7 March 2012

The market value at the date of exercise was £12.485.  No new shares have been issued as a result of the exercise of the share options.

Following the exercise of the share options, Mr Davies sold a total of 250,000 ordinary shares of 0.4 pence in the Company ("ordinary shares") at a price of £12.208 per share.  This sale was made partly to meet taxation arising on exercise of the share options and partly to fund a property purchase.  The number of ordinary shares sold represented 0.042% of the ordinary shares in issue.  

Following these transactions, the beneficial shareholding of Mr Davies (including his connected persons) is 19,044 ordinary shares representing 0.004% 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]

 

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