Share Option Award to a PDMR

RNS Number : 3616Z

Hargreaves Services PLC

09 January 2020

 

9 January 2020

HARGREAVES SERVICES PLC

(the "Company", the "Group" or "Hargreaves")

Share Option Award to a PDMR

Hargreaves Services plc (AIM: HSP), a diversified group delivering key projects and services to the industrial and property sectors, announces that a total of 28,108 options ("LTIP Options") were awarded on 13 December 2019 to John Burks, Managing Director, a PDMR. These options have been issued under the Company's 2019 Deferred Share Bonus Scheme G and will vest on 14 December 2022, subject only to continued employment at that date.

Total Voting Rights

The total number of ordinary shares of 10p each with voting rights in issue is 32,265,356. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company, under the Disclosure and Transparency Rules.

Following the above LTIP award, there are a total of 778,549 (being 2.41% of total voting rights) options outstanding, 16,990 (0.05% of total voting rights) of which have vested but have not yet been exercised.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	John Burks
2	Reason for the notification
a)	Position/status	Managing Director
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Hargreaves Services plc
b)	LEI	213800O17BER1SHMH466
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Grant of options over ordinary shares of 10p each in Hargreaves Services plc  ISIN: GB00B0MTC970
b)	Nature of the transaction	Grant of options over ordinary shares
c)	Price(s) and volume(s)	28,108 options at an exercise price of nil pence per ordinary share
d)	Aggregated information  - Aggregated volume  - Price	N/A
e)	Date of the transaction	13 December 2019
f)	Place of the transaction	Off market transaction

For further details:

Hargreaves Services plc Gordon Banham, Group Chief Executive John Samuel, Group Finance Director	0191 373 4485
Buchanan (Financial PR) Mark Court / Henry Wilson	0207 466 5000
N+1 Singer (NOMAD and Joint Corporate Broker) Sandy Fraser/ Rachel Hayes/Justin McKeegan	020 7496 3000
Investec (Joint Corporate Broker) Sara Hale / Cassie Herlihy	020 7597 5970

 

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