Transfer of shares held in Treasury

Hargreaves Services PLC

05 September 2023

 

Hargreaves Services plc

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

Transfer of shares held in Treasury

Hargreaves Services plc (AIM: HSP), a diversified group delivering services to the industrial and property sectors, announces that, on 5 September 2023, an employee exercised options over 53,953 ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") at an exercise price of 10 pence per share. The options were granted under the Hargreaves Services plc Executive Share Option Scheme 2019 and all of the Ordinary Shares issued pursuant to the exercise were retained by him.

The option exercise was satisfied by a transfer of shares from treasury. Following the transfer, 485,288 Ordinary Shares remain in treasury and the total number of voting rights in the Company are 32,653,468. This latter 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.

For further details:
Hargreaves Services plc			Tel: [phone]
Gordon Banham, Chief Executive Officer
Stephen Craigen, Group Finance Director
Walbrook PR (Financial PR & IR)	Tel: [phone] or [e-mail]
Paul McManus/Lianne Applegarth/		Mob: [phone]/
Louis Ashe-Jepson		07747 515 393
Singer Capital Markets (Nomad & Corporate Broker)			Tel: [phone]
Sandy Fraser/Justin McKeegan

About Hargreaves Services plc (www.hsgplc.co.uk)

Hargreaves Services plc is a diversified group delivering services to the industrial and property sectors, supporting key industries within the UK and South East Asia. The Company's three business segments are Services, Hargreaves Land and an investment in a German joint venture, Hargreaves Raw Materials Services GmbH (HRMS). Services provides critical support to many core industries including Energy, Environmental, UK Infrastructure and certain manufacturing industries through the provision of materials handling, mechanical and electrical contracting services, logistics and major earthworks. Hargreaves Land is focused on the sustainable development of brownfield sites for both residential and commercial purposes. HRMS trades in specialist commodity markets and owns DK Recycling, a specialist recycler of steel waste material. Hargreaves is headquartered in County Durham and has operational centres across the UK, as well as in Hong Kong and a joint venture in Duisburg, Germany.

 

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