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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