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RNS Number : 6542A Hargreaves Services PLC 15 August 2024
Hargreaves Services plc
("Hargreaves" or the "Group")
Exercise of Options and Total Voting Rights
Hargreaves Services plc (AIM: HSP), a diversified group delivering services to
the industrial and property sectors, announces that on 15 August 2024 David
Anderson (a PDMR) exercised options over 15,162 ordinary shares of 10 pence
each in the capital of the Company ("Ordinary Shares") at an exercise price of
10 pence per share. The options were granted under the Company's 2021
Executive Share Option Scheme and 7,126 of the Ordinary Shares issued pursuant
to the exercise were sold immediately at 606 pence per Ordinary Share to fund
associated tax and NI liabilities.
Following this exercise and sale, Mr Anderson's total shareholding is 113,653
Ordinary Shares, representing 0.35% of the total issued share capital of the
Group.
Total Voting Rights
The option exercise was satisfied by a transfer of shares from treasury.
Following the transfer, 291,530 Ordinary Shares remain in treasury and the new
total number of voting rights in the Company is 32,847,226. This latter 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.
For further details:
Hargreaves Services www.hsgplc.co.uk (http://www.hsgplc.co.uk)
Gordon Banham, Chief Executive Officer Tel: 0191 373 4485
Stephen Craigen, Chief Financial Officer
Walbrook PR (Financial PR & IR) Tel: 020 7933 8780 or hargreavesservices@walbrookpr.com
Paul McManus / Louis Ashe-Jepson/ Mob: 07980 541 893 / 07747 515 393 /
Charlotte Edgar 07884 664 686
Singer Capital Markets (Nomad and Corporate Broker) Tel: 020 7496 3000
Sandy Fraser / Phil Davies / Sam Butcher
Cavendish Capital Markets Ltd (Joint Corporate Broker) Tel: 020 7220 0500
Katy Birkin / Hamish Waller - Corporate Finance
Jasper Berry / Tim Redfern - Sales ECM
About Hargreaves Services plc (www.hsgplc.co.uk (http://www.hsgplc.co.uk) )
Hargreaves Services plc is a diversified group delivering services to the
industrial and property sectors, supporting key industries within the UK and
South East Asia. The Company's three business segments are Services,
Hargreaves Land and an investment in a German joint venture, Hargreaves Raw
Materials Services GmbH ("HRMS"). Services provides critical support to many
core industries including Energy, Environmental, UK Infrastructure and certain
manufacturing industries through the provision of materials handling,
mechanical and electrical contracting services, logistics and major
earthworks. Hargreaves Land is focused on the sustainable development of
brownfield sites for both residential and commercial purposes. HRMS trades in
specialist commodity markets and owns DK Recycling, a specialist recycler of
steel waste material. Hargreaves is headquartered in County Durham and has
operational centres across the UK, as well as in Hong Kong and a joint venture
in Duisburg, Germany.
Notification and public disclosure of transactions by persons discharging
managerial responsibilities and persons closely associated with them.
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name David Anderson
2 Reason for the notification
a) Position/status PDMR
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction
platform, auctioneer or auction monitor
a) Name Hargreaves Services
plc
b) LEI 213800O17BER1SHMH466 (http://www.isinlei.com/LEI/LEIDetails/CE387296055C8380)
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 Ordinary shares in Hargreaves Services plc
Identification code
ISIN: GB00B0MTC970
b) Nature of the transaction 1) Exercise of Options
2) Sale of Ordinary Shares
c) Price(s) and volume(s) Price(s) Volume(s)
1) 10p 1) 15,162
2) 606p 2) 7,126 (Sale)
d) Aggregated information
- Aggregated volume N/A
- Price
e) Date of the transaction 15 August 2024
f) Place of the transaction 1) Outside of a trading venue
2) London Stock Exchange, AIM
d)
Aggregated information
- Aggregated volume
- Price
N/A
e)
Date of the transaction
15 August 2024
f)
Place of the transaction
1) Outside of a trading venue
2) London Stock Exchange, AIM
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