Director/PDMR Shareholding

RNS Number : 2400J

Hargreaves Lansdown PLC

07 September 2016

 

Hargreaves Lansdown plc

DIRECTOR / PDMR Shareholding  

7^th September 2016

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

Deferred bonus vesting and share sale

Hargreaves Lansdown plc (the "Company") has been notified that on 7^th September 2016, the following PDMRs exercised share options as detailed below:

Name of Scheme	PDMR	Number of ordinary shares over which options were exercised	Exercise Price	Grant Date	Number of ordinary shares over which options are held following the exercise
Deferred bonus	Mark Dampier	3,659	£1 (in total)	17th February 2014	178,995
Deferred bonus	Ian Hunter	8,051	£1 (in total)	17th February 2014	192,926

No new shares have been issued as a result of the exercise of the share options.

Following the exercise of his share options, Mr Dampier sold a total of 3,659 ordinary shares of 0.4 pence in the Company ("ordinary shares") at a price of £13.36 per share on 7^th September 2016. The number of ordinary shares sold represented 0.001% of the ordinary shares in issue.  Following the transaction, the beneficial shareholding of Mr Dampier (including his connected persons) is 807,297 ordinary shares representing 0.17% of the ordinary shares in issue.

Following the exercise of his share options, Mr Hunter sold a total of 8,051 ordinary shares at a price of £13.56 per share on 7^th September 2016. The number of ordinary shares sold represented 0.002% of the ordinary shares in issue.  Following the transaction, the beneficial shareholding of Mr Hunter (including his connected persons) is 571,422 ordinary shares representing 0.12% 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]

Notes:

(1)        Both PDMRs were awarded the share options ("the award)" on 17^th February 2014 under the terms of the Company's Deferred Bonus Plan in the form of nil cost options.

(2)        The award relates to the bonus paid for the year ended 30^th June 2013.

(3)        The award was subject to malus provisions.

 

END

 

 

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