Director/PDMR Shareholding

RNS Number : 2053Z
Hargreaves Lansdown PLC
10 March 2017
 

Hargreaves Lansdown plcT

 

DIRECTOR / PDMR Shareholding  

  

10th March 2017

 

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

 

Deferred bonus exercise and share sale

 

Hargreaves Lansdown plc (the "Company") announces that, on 16th November 2016, the following PDMR exercised share options as detailed below:

 

Name of Scheme

PDMR

Number of ordinary shares over which options were exercised

Exercise Price

Grant Date

Number of ordinary shares over which options are held following the exercise

Deferred bonus

Lee Gardhouse

5,349

£1 (in total)

17th February 2014

199,595

 

No new shares have been issued as a result of the exercise of the share options.

 

Following the exercise of his share options, Mr Gardhouse sold a total of 3,280 ordinary shares of 0.4 pence in the Company ("ordinary shares") at a price of £12.30 per share on 16th November 2016. The number of ordinary shares sold represented 0.001% of the ordinary shares in issue.  Following the transaction, the beneficial shareholding of Mr Gardhouse (including his connected persons) is 836,880 ordinary shares representing 0.18% 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 and the Market Abuse Regulations.

 

Enquiries:

Judy Matthews

Company Secretary

Hargreaves Lansdown plc

+44 (0) 117 980 9989

 

Notes:

 

(1)        Notification was delayed as a result of an administrative oversight.

(2)        Mr Gardhouse was awarded the share options ("the award)" on 17th February 2014 under the terms of the Company's Deferred Bonus Plan in the form of nil cost options.

(2)        The award relates to the bonus paid for the year ended 30th June 2013.

(3)        The award was subject to malus provisions.

 

 

 


This information is provided by RNS
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