Director/PDMR Shareholding

RNS Number : 9816B

Hargreaves Lansdown PLC

22 June 2016

 

Hargreaves Lansdown plc

DIRECTOR / PDMR Shareholding  

22^nd June 2016

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 21^st June 2016 he exercised the following share options:

Name of Scheme	No of shares exercised	Exercise Price	Grant Date
Unapproved Executive Share Option Scheme	54,645	595.4p	8 March 2011

The market value at the date of exercise was £13.27.  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 38,534 ordinary shares of 0.4 pence in the Company ("ordinary shares") at a price of £13.32 per share.  This sale was made to meet the cost of the share options and taxation arising on their exercise.  The number of ordinary shares sold represented 0.008% of the ordinary shares in issue.  

Following these transactions, the beneficial shareholding of Mr Davies (including his connected persons) is 35,155 ordinary shares representing 0.007% 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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