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Hargreaves Servs PLC (HSP)

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Thursday 09 January, 2020

Hargreaves Servs PLC

Share Option Award to a PDMR

RNS Number : 3616Z
Hargreaves Services PLC
09 January 2020
 

9 January 2020

 

HARGREAVES SERVICES PLC

(the "Company", the "Group" or "Hargreaves")

 

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 28,108 options ("LTIP Options") were awarded on 13 December 2019 to John Burks, Managing Director, a PDMR. These options have been issued under the Company's 2019 Deferred Share Bonus Scheme G and will vest on 14 December 2022, 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 is 32,265,356. 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 778,549 (being 2.41% of total voting rights) options outstanding, 16,990 (0.05% of total voting rights) of which have vested but have not yet been exercised.

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

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)

28,108 options at an exercise price of nil pence per ordinary share

d)

 

Aggregated information

 - Aggregated volume

 - Price 

N/A

e)

Date of the transaction

13 December 2019

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/ Rachel Hayes/Justin McKeegan

 

020 7496 3000

Investec (Joint Corporate Broker)

Sara Hale / Cassie Herlihy

020 7597 5970

 


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