Director/PDMR Shareholding

RNS Number : 3534P

Hargreaves Lansdown PLC

30 September 2011

 



Hargreaves Lansdown plc ("the Company") 

DIRECTOR / PDMR Shareholding 

30^th September 2011

Notification of Transaction of Directors, Persons Discharging Managerial Responsibility ("PDMR") or Connected Persons in accordance with Disclosure Rules 3.1.4R(1)(a). 

The Company announces the following PDMRs/ directors of the Company have today advised that they have accepted an option to purchase ordinary shares of 0.4p each in the Company ("Ordinary Shares") which were granted on 29^th September 2010 under the Company's Executive Share Option Plan with an exercise price of 447.60 pence per share:

Director	Position	Number of shares over which option granted	Term of option	Total number of shares over which options are held following notification	Total current share holding
Ian Hunter	PDMR	200,000	Between 30.09.2014 and 29.09.2021	251,356	723,876
Nick Marson	PDMR	200,000	Between 30.09.2014 and 29.09.2021	256,055	657,676

These awards have been reviewed and approved by the Remuneration Committee.  Mr Hunter and Mr Marson are key Directors responsible for Investment Marketing and Vantage operations respectively.  The awards recognise their sphere of influence in the company, encourage retention and motivation of key talent, and align Directors' long term aims with increasing shareholder value over the long term.  As the options are granted at the market value of HL PLC shares, shareholder value must be enhanced for Mr Hunter or Mr Marson to benefit.

For further information contact 

Judy Matthews

Company Secretary

Hargreaves Lansdown

0117 988 9880

 

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