Director/PDMR Shareholding

RNS Number : 2858D

Hargreaves Lansdown PLC

26 March 2014

 



Hargreaves Lansdown plc ("the Company")

PDMR Shareholding

26 March 2014

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 of the Company have advised that they have exercised an option to purchase ordinary shares of 0.4p each in the Company ("Ordinary Shares") under the Company's Approved Executive Share Option Plan ("Approved scheme").  The exercise price was £1.95 per Ordinary Share and the options were originally granted on 24^th March 2009 pursuant to the Hargreaves Lansdown Approved Executive Share Option Plan 2000.

Director	Position	Date of exercise	Number of shares over which option exercised	Resultant share holding (excluding any other share options and including connected persons)	Total percentage shareholding (excluding options)
Mr Nick Marson	PDMR	24.3.14	15,355	635,176	0.13%
Mr Ian Hunter	PDMR	26.3.14	15,355	572,271	0.12%

The Ordinary Shares issued in respect of this exercise of options have been satisfied by way of transfer of Ordinary Shares from the Company's Employee Benefit Trust.

The Approved scheme exercises above are part of a larger employee exercise which has taken place from 24^th March 2014.  A total of 43 employees (including directors and PDMRs) were granted options under the scheme.

Hargreaves Lansdown (Nominees) Limited is the registered shareholder as nominee for the above PDMRs.  

For further information contact:

Judy Matthews

Company Secretary

Hargreaves Lansdown

0117 9809989

 

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