Share Option Award to a PDMR

RNS Number : 8631A

Hargreaves Services PLC

01 October 2020

 

2 October 2020

HARGREAVES SERVICES PLC

("Hargreaves" or the "Company")

Share Option Award to a PDMR

Hargreaves Services plc (AIM: HSP), a diversified group delivering key projects and services to the industrial and property sectors, announces that a total of 38,835 options ("LTIP Options") were awarded on 1 October 2020 to Stephen Barker, Subsidiary Managing Director, a PDMR. These options have been issued under the Company's 2020 Deferred Share Bonus Scheme I and will vest on 2 October 2023, subject only to continued employment at that date.

Total Voting Rights

The total number of ordinary shares of 10p each with voting rights in issue remains 32,282,346. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company, under the Disclosure and Transparency Rules.

Following the above LTIP award, there are a total of 1,042,066 (being 3.23% of total voting rights) options outstanding.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Stephen Barker
2	Reason for the notification
a)	Position/status	Subsidiary Managing Director
b)	Initial notification/Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Hargreaves Services plc
b)	LEI	213800O17BER1SHMH466
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Grant of options over ordinary shares of 10p each in Hargreaves Services plc  ISIN: GB00B0MTC970
b)	Nature of the transaction	Grant of options over ordinary shares
c)	Price(s) and volume(s)	38,835 options at an exercise price of nil pence per ordinary share
d)	Aggregated information  - Aggregated volume  - Price	N/A
e)	Date of the transaction	1 October 2020
f)	Place of the transaction	Off market transaction

For further details:

Hargreaves Services plc Gordon Banham, Group Chief Executive John Samuel, Group Finance Director	0191 373 4485
Buchanan (Financial PR) Mark Court/Henry Wilson	0207 466 5000
N+1 Singer (NOMAD and Joint Corporate Broker) Sandy Fraser/Justin McKeegan/Rachel Hayes	020 7496 3000
Investec (Joint Corporate Broker) Sara Hale/David Anderson/Shalin Bhamra	020 7597 5970

 

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