Director/PDMR Shareholding

RNS Number : 5708W

Hargreaves Services PLC

11 December 2019

 

 11 December 2019

Hargreaves Services plc

("Hargreaves" or the "Group")

Director/PDMR Shareholding

Hargreaves Services plc announces that on 10 December 2019, Gayle Mulvaney, Group Treasurer, exercised options over 20,809 ordinary shares in Hargreaves Services plc at a price of nil pence per share.  These options were granted under the Company's 2016 Deferred Share Bonus Scheme C.  These shares were immediately sold at 286p per ordinary share.

On 10 December 2019, John Burks, Managing Director, Production and Distribution Division, exercised options over 20,000 ordinary shares in Hargreaves Services plc at a price of nil pence per share.  These options were granted under the Company's 2016 Deferred Share Bonus Scheme D.  These shares were immediately sold at 282p per ordinary share.

These exercises will be satisfied by a transfer of shares from treasury which will be announced when the transfer has taken place.

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	Gayle Mulvaney
2	Reason for the notification
a)	Position/status	Group Treasurer (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
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	Hargreaves Services plc ORD 10P  HSP
b)	Nature of the transaction	Exercise of options
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 20,809 options exercised
d)	Aggregated information  - Aggregated volume  - Price	N/A
e)	Date of the transaction	10 December 2019
f)	Place of the transaction	Off-market

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Gayle Mulvaney
2	Reason for the notification
a)	Position/status	Group Treasurer (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
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	Hargreaves Services plc ORD 10P  HSP
b)	Nature of the transaction	Sale of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 286p 20,809 shares
d)	Aggregated information  - Aggregated volume  - Price	N/A
e)	Date of the transaction	10 December 2019
f)	Place of the transaction	London Stock Exchange, AIM trading platform
1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	John Burks
2	Reason for the notification
a)	Position/status	Managing Director (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
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	Hargreaves Services plc ORD 10P  HSP
b)	Nature of the transaction	Exercise of options
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 20,000 options exercised
d)	Aggregated information  - Aggregated volume  - Price	N/A
e)	Date of the transaction	10 December 2019
f)	Place of the transaction	Off-market

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	John Burks
2	Reason for the notification
a)	Position/status	Managing Director (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
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	Hargreaves Services plc ORD 10P  HSP
b)	Nature of the transaction	Sale of shares
c)	Price(s) and volume(s)	Price(s) Volume(s) 282p 20,000 shares
d)	Aggregated information  - Aggregated volume  - Price	N/A
e)	Date of the transaction	10 December 2019
f)	Place of the transaction	London Stock Exchange, AIM trading platform

For further details: 

Hargreaves Services Gordon Banham, Chief Executive Officer 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/Rachel Hayes	0207 496 3000
Investec (Joint Corporate Broker) Sara Hale/Cassie Herlihy	0207 597 5970

 

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