Long Term Incentive Plan

RNS Number : 7360U

Hargreaves Services PLC

30 June 2009

 



For Immediate Release

30 June 2009

HARGREAVES SERVICES PLC

('the Company')

Long Term Incentive Plan ('LTIP')

The Company advises that, on 30 June 2009, conditional awards involving 193,658 ordinary shares of shares 10p each ('Ordinary Shares') were made under the LTIP rules to a number of employees.

Included within the allocation were awards made to the following Directors:

Director	Maximum number of Ordinary Shares awarded
Gordon Banham	60,000
Kevin Dougan	21,000
Iain Cockburn	28,500

The number of Ordinary Shares stated is the maximum available to the persons named above on satisfaction of the performance target in full. The earliest date on which the persons named above would become beneficially entitled to the shares comprised in the awards is 30 June 2012 which follows the performance period defined in the LTIP.

The total number of voting rights in the Company is 26,395,617.

For further information, please contact:

Hargreaves Services plc	0191 373 4485
Gordon Banham
Iain Cockburn
Brewin Dolphin Investment Banking	0845 270 8610
Matt Davis
Andy Emmott

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