PDMR Shareholding - Replacement

RNS Number : 4610S

Hargreaves Lansdown PLC

07 November 2013

 



Hargreaves Lansdown plc ("the Company") 

PDMR Shareholding - Replacement

7 November 2013

This amendment has been made to Nigel Bence's resultant share holding in the "PDMR Shareholding" announcement released  6 November 2013 at 18:08 under RNS 4040S.

Previously:         299,118

Amendment:      229,118

Notification of Transaction of Directors, Persons Discharging Managerial Responsibility ("PDMR") or Connected Persons in accordance with Disclosure Rules 3.1.4R(1)(a). 

The Company announces the following PDMRs of the Company have, on 4th November 2013, advised that they have exercised an option on 1^st November to purchase ordinary shares of 0.4p each in the Company ("Ordinary Shares") under the Company's All Employee Save As You Earn ("SAYE") scheme.  The exercise price was £1.75 per Ordinary Share and the options were originally granted pursuant to the Hargreaves Lansdown 2008 SAYE scheme.

Director	Position	Number of shares over which option exercised	Resultant share holding (excluding any other share options)
Mr Lee Gardhouse	PDMR	1,340	789,454
Mr Nigel Bence	PDMR	459	229,118
Mr Alexander Davies	PDMR	2,833	1,153,863

The Ordinary Shares issued in respect of this exercise of options have been satisfied by way of transfer of Ordinary Shares from the Company's Employee Benefit Trust.

The Save As You Earn scheme is an all employee scheme and the above are part of a larger employee exercise which took place on 1st November.  A total of 91 employees participated in the scheme.

Hargreaves Lansdown (Nominees) Limited is the registered shareholder as nominee for the above PDMRs.  

For further information contact:

Judy Matthews

Company Secretary

Hargreaves Lansdown

0117 988 9880

 

END

 

 

RDSBRBBTMBTMBJJ