Director/PDMR Shareholding

RNS Number : 1989K

Hargreaves Lansdown PLC

19 September 2016

 

Hargreaves Lansdown plc

DIRECTOR / PDMR Shareholding  

19^th September 2016

Notification of Transaction of Directors, Persons Discharging Managerial Responsibility ("PDMR") or Connected Persons  

Christopher Hill, a Director, has increased his shareholding in the Company from 0 to 14,363 ordinary shares of 0.4 pence ("ordinary shares").

Hargreaves Lansdown plc has received notification from Christopher Hill, a Director, that on 15^th September 2016 he exercised the following nil cost share options granted under the Unapproved Executive Share Option Scheme:

Director	No of shares exercised	Exercise Price	Grant Date	Total number of shares over which options are held following notification	Total current shareholding (excluding options)	Total percentage shareholding (excluding options)
Christopher Hill	27,100	0p	3 March 2016	73,000	14,363	0.003%

The market value at the date of exercise was £12.74.  No new shares have been issued as a result of the exercise of the share options.

Following the exercise of the share options, Mr Hill sold a total of 12,737 ordinary shares at a price of £12.72 per share.  This sale was solely made to meet the cost of the taxation arising on their exercise and the transaction results in an overall increase in Mr Hill's holding in the Company.  The number of ordinary shares sold represented 0.0027% of the ordinary shares in issue.  

Following these transactions, the beneficial shareholding of Mr Hill (including his connected persons) is 14,363 ordinary shares representing 0.003% of the ordinary shares in issue.  

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

This announcement is made under the UKLA's Disclosure and Transparency Rule 3.1.2R.

Enquiries:

Judy Matthews

Company Secretary

Hargreaves Lansdown plc

[phone]

 

END

 

 

DSHBKLFFQKFBBBV