Director & PDMR Dealing, Exercise of Options & TVR
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Hargreaves Services plc
("Hargreaves", the “Company” or the "Group")
Director and PDMR Dealing, Exercise of Options, and Total Voting Rights
Hargreaves Services plc (AIM: HSP), a diversified group delivering services to the environmental, infrastructure and property sectors announces that, on 4 November 2026, the Company was notified that Roger McDowell (a Director) has sold 100,000 Ordinary Shares at £8.75 per Ordinary Share. Following this transaction, Roger McDowell’s aggregate beneficial holding is 311,057 Ordinary Shares representing 1.01% of the total issued share capital of the Company.
Furthermore, the Company announces the exercise of options over a total of 69,839 ordinary shares of 10 pence each in the capital of the Company (“Ordinary Shares”). The option exercises were each satisfied by a transfer of shares from treasury. Details of the options exercises were as follows:
On 4 November 2026, Bruce Lindsay (a PDMR) exercised options over 4,362 Ordinary Shares at an exercise price of 10 pence per share. These options were granted under the Company’s 2022 Share Option Scheme. Immediately after this exercise, these Ordinary Shares were all immediately sold at £8.76 per ordinary share.
On 4 November 2026, Bruce Lindsay also exercised options over 7,500 Ordinary Shares at an exercise price of 10 pence per share. These options were granted under the Company’s 2023 Share Option Scheme. Immediately after this exercise, these Ordinary Shares were all immediately sold at £8.76 per ordinary share.
On 4 November 2026, Niall Fraser (a PDMR) exercised options over 18,283 Ordinary Shares of 10 pence each in the capital of the Company at an exercise price of 10 pence per share. These options were granted under the Company’s 2023 Share Option Scheme. Immediately after this exercise, these Ordinary Shares were all immediately sold at £8.76 per ordinary share.
On 4 November 2026, 39,694 Ordinary Shares were transferred from treasury to satisfy the exercise of options by five other employees at an exercise price of 10 pence per Ordinary Share. The options were granted under the Company’s Executive Share Option Scheme 2023.
Following the transfers, 761,465 Ordinary Shares remain in treasury and the total number of voting rights in the Company is 30,774,350. 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:
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Hargreaves Services
Simon Hicks, Chief Executive Stephen Craigen, Chief Financial Officer
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Tel: 0191 373 4485 |
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Walbrook PR (Financial PR & IR) Paul McManus, Anna Dunphy, Nick Rome
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Tel: 020 7933 8780 or hargreavesservices@walbrookpr.com Mob: 07980 541 893 / 07584 391 303 07876 741 001 |
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Singer Capital Markets (Nomad and Corporate Broker) Shaun Dobson, Russell Cook, Dan Ingram |
Tel: 020 7496 3000
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Cavendish Capital Markets Ltd (Joint Corporate Broker) Adrian Hadden, Jasper Berry, Sunila de Silva |
Tel: 020 7220 0500 |
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About Hargreaves Services plc (www.hsgplc.co.uk)
Hargreaves Services plc is a diversified group delivering services to the core markets of Environmental services, Clean Energy, and Connectivity, supporting key industries within the UK and internationally. The Company operates through three divisions as follows: Services, Land, and a German joint venture.
Services is the core of the Group, providing specialist contracted services to critical projects in the Connectivity, Clean Energy and Environmental markets. Its services include but are not limited to earthmoving, waste management, materials handling, industrial services, mechanical and electrical contracting, and logistics. With a strong base of long-term customer relationships, and expertise in critical sectors, Services is well positioned to benefit from the substantial opportunities in the UK’s significant infrastructure market.
Land is focused on unlocking value from the Group’s land portfolio through residential and commercial development, as well as strategic disposal opportunities. The proven strategy is increasingly built around realising value from legacy assets in order to return value to shareholders.
Germany operates in specialist industrial raw materials trading and recycling markets. This includes DK Recycling, a specialist recycler of steel waste.
Services is increasingly becoming the central driving force behind Hargreaves’ growth, and Land is being progressively monetised to realise value from its assets, while Germany is being optimised to increase its contribution to the Group’s dividend.
Hargreaves is headquartered in Newcastle-upon-Tyne and has operational centres across the UK and internationally.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:
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1. |
Details of person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Bruce Lindsay |
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2 |
Reason for the notification |
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a) |
Position/status |
PDMR |
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b) |
Is this an initial notification or an amendment to a prior notification? |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Hargreaves Services Plc |
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b) |
LEI |
213800O17BER1SHMH466 |
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4
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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 |
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a)
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Description of the financial instrument, type of instrument
Identification code |
Ordinary Shares of 10p each
GB00B0MTC970 |
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b) |
Nature of the transaction |
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c)
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Price(s) and volume(s)
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d)
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Aggregated information (if any) - Aggregated volume
- Price |
N/A |
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e) |
Date of transaction |
4 November 2026 |
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f) |
Place of the transaction |
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1. |
Details of person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Bruce Lindsay |
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2 |
Reason for the notification |
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a) |
Position/status |
PDMR |
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b) |
Is this an initial notification or an amendment to a prior notification? |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Hargreaves Services Plc |
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b) |
LEI |
213800O17BER1SHMH466 |
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4
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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 |
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a)
|
Description of the financial instrument, type of instrument
Identification code |
Ordinary Shares of 10p each
GB00B0MTC970 |
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b) |
Nature of the transaction |
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c)
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Price(s) and volume(s)
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|
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d)
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Aggregated information (if any) - Aggregated volume
- Price |
N/A |
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e) |
Date of transaction |
4 November 2026 |
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f) |
Place of the transaction |
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1. |
Details of person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Niall Fraser |
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2 |
Reason for the notification |
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a) |
Position/status |
PDMR |
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b) |
Is this an initial notification or an amendment to a prior notification? |
Initial notification |
||||||
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||||
|
a) |
Name |
Hargreaves Services Plc |
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b) |
LEI |
213800O17BER1SHMH466 |
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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 |
Ordinary Shares of 10p each
GB00B0MTC970 |
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b) |
Nature of the transaction |
|
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c)
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Price(s) and volume(s)
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|
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d)
|
Aggregated information (if any) - Aggregated volume
- Price |
N/A |
||||||
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e) |
Date of transaction |
4 November 2026 |
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f) |
Place of the transaction |
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1. |
Details of person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Roger McDowell |
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2 |
Reason for the notification |
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a) |
Position/status |
PDMR – Non-Executive Chair |
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b) |
Is this an initial notification or an amendment to a prior notification? |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|||||||
|
a) |
Name |
Hargreaves Services Plc |
||||||
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b) |
LEI |
213800O17BER1SHMH466 |
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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 |
|||||||
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a)
|
Description of the financial instrument, type of instrument
Identification code |
Ordinary Shares of 10p each
GB00B0MTC970 |
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b) |
Nature of the transaction |
Sale of Ordinary Shares in the Company |
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c)
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Price(s) and volume(s)
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|
||||||
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d)
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Aggregated information (if any) - Aggregated volume
- Price |
N/A |
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e) |
Date of transaction |
4 November 2026 |
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f) |
Place of the transaction |
London Stock Exchange, AIM |
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