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
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Buchanan Mark Court / Fiona Henson / Sophie Cowles |
Tel: 020 7466 5000
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N+1 Singer (Nomad & Joint Broker) Sandy Fraser / Nick Owen |
Tel: 020 7496 3000
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Jefferies Hoare Govett (Joint Broker) Sara Hale / Harry Nicholas
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Tel: 020 7029 8000
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