Director/PDMR Dealings

RNS Number : 3669R
Hargreaves Services PLC
24 October 2013
 



For immediate release

24 October 2013

 

Hargreaves Services plc

("Hargreaves" or the "Company")

 

Director/PDMR Dealings

 

Hargreaves Services plc ("Hargreaves" or the "Company") has today received notification that Gordon Banham, CEO and Kevin Dougan, Group Commercial Director, have sold 880,000 and 100,000 ordinary shares of 10 pence each in the Company ("shares"), respectively. Mr Banham sold on 22 October 710,000 shares at 890p per share and a further 170,000 shares at 900p per share today. Mr Dougan sold 100,000 shares at 900p per share today. The shares have been sold by both Directors as part of long term tax planning. Details of the transactions and the resultant beneficial holdings of Gordon Banham and Kevin Dougan are set out below:

Director

Total beneficial holding prior to sale

Holding %

Amount of shares sold

Total resultant beneficial holding

Holding %

Gordon Banham

3,139,011

9.5%

880,000

2,259,011

6.8%

Kevin Dougan

213,213

0.6%

100,000

113,213

0.3%

 

The above holdings are based on the Company's total issued share capital of 33,068,121 shares.

For further details:

Hargreaves Services

Gordon Banham, CEO

Iain Cockburn, Finance Director

Tel: 0191 373 4485

 

 

 

Buchanan

Mark Court / Fiona Henson / Sophie Cowles

Tel: 020 7466 5000

 

 

 

N+1 Singer (Nomad & Joint Broker)

Sandy Fraser / Nick Owen

Tel: 020 7496 3000

 

 

 

Jefferies Hoare Govett (Joint Broker)

Sara Hale / Harry Nicholas

 

Tel: 020 7029 8000

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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