Employee Incentive Plan

RNS Number : 2309X

Hargreaves Services PLC

20 June 2008

 



For Immediate Release

20 June 2008

HARGREAVES SERVICES PLC 

('the Company')

 Notification of Transactions of Directors/Persons Discharging Managerial Responsibilities ('PDMR') and Connected Persons

Long Term Incentive Plan ('LTIP')

The Company advises that, on 20th June 2008, conditional awards involving 199,899 ordinary shares of 10p each ('Ordinary Shares') were made under the LTIP rules to a number of employees. 

Included within the allocation were awards made to the following Directors and PDMRs:

Director/PDMR	Maximum number of Ordinary  Shares awarded
Gordon Banham	49,180
Kevin Dougan	17,213
Iain Cockburn	20,287

The number of Ordinary Shares stated is the maximum available to the persons named above on satisfaction of the performance target in full. The earliest date on which the persons named above would become beneficially entitled to the shares comprised in the awards is 20 June 2011 which follows the performance period defined in the LTIP.

The total number of voting rights in the Company is 26,270,532.

For further information, please contact:

Hargreaves Services plc 0191 373 4485
Gordon Banham
Iain Cockburn

Brewin Dolphin Investment Banking 0845 270 8610
Andrew Kitchingman
Sean Wyndham-Quin

 

END

 

 

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