Hargreaves Lansdown PLC Director/PDMR Shareholding (1989K)
19 September 2016 - 8:10PM
UK Regulatory
TIDMHL.
RNS Number : 1989K
Hargreaves Lansdown PLC
19 September 2016
Hargreaves Lansdown plc
DIRECTOR / PDMR Shareholding
19(th) September 2016
Notification of Transaction of Directors, Persons Discharging
Managerial Responsibility ("PDMR") or Connected Persons
Christopher Hill, a Director, has increased his shareholding in
the Company from 0 to 14,363 ordinary shares of 0.4 pence
("ordinary shares").
Hargreaves Lansdown plc has received notification from
Christopher Hill, a Director, that on 15(th) September 2016 he
exercised the following nil cost share options granted under the
Unapproved Executive Share Option Scheme:
Director No of shares Exercise Price Grant Date Total number Total current Total percentage
exercised of shares shareholding shareholding
over which (excluding options) (excluding options)
options are
held
following
notification
--------------- -------------- -------------- ------------ ------------- ------------------- -------------------
Christopher
Hill 27,100 0p 3 March 2016 73,000 14,363 0.003%
--------------- -------------- -------------- ------------ ------------- ------------------- -------------------
The market value at the date of exercise was GBP12.74. No new
shares have been issued as a result of the exercise of the share
options.
Following the exercise of the share options, Mr Hill sold a
total of 12,737 ordinary shares at a price of GBP12.72 per share.
This sale was solely made to meet the cost of the taxation arising
on their exercise and the transaction results in an overall
increase in Mr Hill's holding in the Company. The number of
ordinary shares sold represented 0.0027% of the ordinary shares in
issue.
Following these transactions, the beneficial shareholding of Mr
Hill (including his connected persons) is 14,363 ordinary shares
representing 0.003% of the ordinary shares in issue.
Hargreaves Lansdown (Nominees) Limited is the registered
shareholder as nominee for the above PDMR.
This announcement is made under the UKLA's Disclosure and
Transparency Rule 3.1.2R.
Enquiries:
Judy Matthews
Company Secretary
Hargreaves Lansdown plc
+44 (0) 117 988 9880
This information is provided by RNS
The company news service from the London Stock Exchange
END
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