Director/PDMR Shareholding

RNS Number : 5453W

Hargreaves Lansdown PLC

17 April 2019

 

Hargreaves Lansdown plc

DIRECTOR/PDMR SHAREHOLDING - GRANT OF AWARDS

17^th April 2019

On 15^th April 2019, David James, Marketing Director, was granted the following options over Hargreaves Lansdown plc Ordinary Shares.

Number of Shares subject to option	Option Price	Vesting date	Arrangement
3,539	Nil cost	30th June 2019	Listing Rule 9.4.2 arrangement
2,653	Nil cost	17th November 2019	Listing Rule 9.4.2 arrangement
5,703	Nil cost	26th June 2020	Listing Rule 9.4.2 arrangement
2,317	Nil cost	26th June 2021	Listing Rule 9.4.2 arrangement

The nil-cost options will become exercisable on vesting dates shown above, subject to continuous employment with Hargreaves Lansdown plc.

Buy-Out Awards

The nil-cost options were awarded to Mr James under an arrangement to which Listing Rule 9.4.2 applies in respect of the buy-out of the share option arrangements Mr James forfeited on leaving his previous employment. 

The Remuneration Committee believes that the award fairly reflects the value of awards Mr James forfeited on leaving his previous employment in terms of value and timescale of vesting.

This announcement is made in accordance with the requirements of DTR 3.1.4.

For further information please contact:

 Hargreaves Lansdown [phone]

Alison Zobel, Company Secretary

 

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