Director/PDMR Shareholding

RNS Number : 2652U

Hargreaves Services PLC

14 October 2014

 



HARGREAVES SERVICES PLC

("Hargreaves" or the "Company")

Director/PDMR Shareholdings

Hargreaves Services plc (AIM: HSP), the UK's leading supplier of solid fuels and bulk material logistics, announces that, on 13 October 2014, the LTIP 2011 Award partially vested with 50,906 Ordinary Shares of 10 pence each in the Company ("Ordinary Shares") allotted as follows:

36,451 Ordinary Shares were allotted to Hargreaves ESOT Trustee Limited. Included within the allotment were 7,086 Ordinary Shares awarded to Iain Cockburn and 5,509 Ordinary Shares awarded to Kevin Dougan.  Mr Cockburn and Mr Dougan have not exercised their options to acquire the shares comprised in their awards at this time.

14,455 Ordinary Shares were allotted directly to Gordon Banham, CEO of the Company, at nil cost following his election to exercise his option to acquire the shares comprised in his award immediately.

Following the above awards and exercise of share options, the revised interests of the executive directors in Ordinary Shares are as follows:

	Ordinary Shares	%		Vested but unexercised share options
Gordon Banham	2,273,466	6.86		Nil
Iain Cockburn	7,680	0.02		55,873
Kevin Dougan	75,000	0.23		43,722

As a result of the allotment of Ordinary Shares, the total issued share capital of the Company is 33,138,756 Ordinary Shares. The Company does not hold any Ordinary Shares in Treasury.

For further details:

Hargreaves Services	Tel: [phone]
Gordon Banham, CEO
Iain Cockburn, Finance Director
Buchanan	Tel: [phone]
Mark Court / Fiona Henson / Sophie Cowles
N+1 Singer (Nomad)	Tel: [phone]
Sandy Fraser / Nick Owen

 

END

 

 

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