Block Admission Update

RNS Number : 6433X

Hargreaves Services PLC

14 January 2014

 



Hargreaves Services plc ('the Company')

14 January 2014

Block Admission Update

The Company announces in accordance with AIM Rule 29 an update on the issuance of shares under its employee share schemes which are administered through a Block Admission facility. The Company last announced details of the total issuance under its Sharesave Scheme (the "Sharesave Scheme") on 5 March 2010 for the period from 27 August 2009 to 1 March 2010. Subsequent to this announcement the Company announced on 10 February 2012 that application had been made for the 2006 Performance Share Plan ("PSP") to also be administered through a Block Admission facility.

Below is an update of the issuance of shares under the Block Admission facility for both the Sharesave Scheme and the PSP to 31 December 2013.

Sharesave Scheme	For the period 2 March 2010 to 31 December 2013
Balance of unallotted securities from previous return	551
Plus amount by which block scheme (s) increased since last return	1,125,733
Less number of securities allotted under scheme(s)	619,097
Balance under scheme(s) not yet allotted	507,187
PSP	For the period 16 February 2012 to 31 December 2013
Balance of unallotted securities from previous return	0
Plus amount by which block scheme (s) increased since last return	72,286
Less number of securities allotted under scheme(s)	58,286
Balance under scheme(s) not yet allotted	14,000

For further details:

Hargreaves Services	0191 373 4485
Gordon Banham, Group Chief Executive
Iain Cockburn, Group Finance Director
N+1 Singer (Nomad & Joint Broker)	020 7496 3000
Sandy Fraser / Nick Owen

 

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