Dividend Declaration

Hargreaves Lansdown PLC

26 September 2024

 

26 September 2024

HARGREAVES LANSDOWN PLC

(the "Company" or "HL")

Declaration of FY2024 dividend and announcement of timetable for HL's annual general meeting

FY2024 dividend

HL is pleased to announce the declaration by the Company's board of directors (the "Board") of HL's full-year 2024 dividend for the 12 months ended 30 June 2024 which will be paid by the Company as follows:

Ex-Dividend Date *           close of business on 03 October 2024

Record Date **                  close of business on 04 October 2024

Payment Date                     01 November 2024

Dividend per share             30 pence per ordinary share

*  Shareholders who acquire HL shares on or after the ex-dividend date will not be eligible to receive the dividend in relation to such shares.

** Shareholders must be on the Company's share register on this date to receive the dividend.

This dividend constitutes the 2024 Full‑Year Dividend referred to in the scheme document published by the Company on 06 September 2024 (the "Scheme Document") and referred to in the Company's preliminary results published on 09 August 2024. The 2024 Full-Year Dividend has been declared by the Board as an interim dividend and will not be subject to approval by the Company's shareholders at the AGM. 

AGM

HL's 2024 annual general meeting (the "AGM") will be held in December 2024 (previously scheduled for 22 October 2024) in light of the scheduling of the HL shareholder meetings to approve the recommended final[1] cash acquisition of HL by Harp Bidco Limited, which will be held on 14 October 2024. The notice of AGM will be published and sent to the Company's shareholders in due course.

Capitalised terms used but not defined in this announcement have the meanings given to them in the Scheme Document.

For further information please contact: Hargreaves Lansdown plc James Found, Head of Investor Relations Lucy Thomas, Corporate Affairs Director	[phone] [phone]
Brunswick (PR Adviser to Hargreaves Lansdown plc)                                     Nick Cosgrove Joanna Donne	[phone]

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[1] The financial terms of the Cash Offer and the Alternative Offer are final and will not be increased or improved, except that Bidco reserves the right to increase the amount of the Cash Consideration and improve the financial terms of the Alternative Offer if there is an announcement on or after the date of the Rule 2.7 Announcement of an offer or a possible offer for HL by a third party offeror or potential offeror. Bidco reserves the right to elect to implement the Acquisition by way of an Offer as an alternative to the Scheme (with the consent of the Panel (where necessary) and subject to the terms of the Cooperation Agreement (if applicable)).

 

END