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Hargreaves Lansdown (HL.)

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Wednesday 02 May, 2012

Hargreaves Lansdown

Director/PDMR Shareholding

RNS Number : 5793C
Hargreaves Lansdown PLC
02 May 2012
 



Hargreaves Lansdown plc ("the Company") 

PDMR Shareholding 

 

2 May 2012

 

Notification of Transaction of Directors, Persons Discharging Managerial Responsibility ("PDMR") or Connected Persons in accordance with Disclosure Rules 3.1.4R(1)(a). 

 

The Company announces the following Director and PDMRs of the Company have yesterday announced that they have exercised an option to purchase ordinary shares of 0.4p each in the Company ("Ordinary Shares") under the Company's All Employee Save As You Earn ("SAYE") scheme.  The exercise price was £0.55 per Ordinary Share and the options were originally granted pursuant to the Hargreaves Lansdown 2007 SAYE scheme.

 

Director

Position

Number of shares over which option exercised

Resultant share holding (excluding any other share options)

Mrs Tracey Taylor

Director

22,550

756,641

Mr Ian Hunter

PDMR

22,550

756,916

Mr Lee Gardhouse

PDMR

25,575

944,114

Mr Mark Dampier

PDMR

26,675

940,862

Mr Nigel Bence

PDMR

28,325

228,659

Mr Alexander Davies

PDMR

20,900

1,163,680

 

Mr Stuart Louden

PDMR

25,025

375,650

Mr Nicholas Marson

PDMR

28,050

647,676

 

The Ordinary Shares issued in respect of this exercise of options have been satisfied by way of transfer of Ordinary Shares from the Company's Employee Benefit Trust.

 

The Save As You Earn scheme is an all employee scheme and the above are part of a larger employee exercise which took place on 1st May totalling 3,673,725 shares, representing 0.775% of the total issued share capital.  A total of 171 employees participated in the scheme.

 

On 2nd May 2012, the Company also received notification that Mrs Tracey Taylor, a Director, sold a total of 8,700 Hargreaves Lansdown PLC 0.4p ordinary shares, and that a connected person, Mr J Taylor, sold 2,300 Hargreaves Lansdown PLC 0.4p ordinary shares at a price of 529 pence per share.

 

The total number of ordinary shares sold represents 0.002% of the ordinary shares in issue.  Mrs Taylor's resultant shareholding (including her connected parties) is 745,641 ordinary shares, which represents 0.16% of the issued share capital.

 

Hargreaves Lansdown (Nominees) Limited is the registered shareholder as nominee for the above Director and PDMRs.  

 

 

For further information contact:

 

Judy Matthews

Company Secretary

Hargreaves Lansdown

0117 988 9880

 

 


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