Hargreaves Lansdown PLC Director/PDMR Shareholding (0356M)
08 October 2016 - 1:52AM
UK Regulatory
TIDMHL.
RNS Number : 0356M
Hargreaves Lansdown PLC
07 October 2016
Hargreaves Lansdown plc
DIRECTOR / PDMR Shareholding
7(th) October 2016
Notification of Transaction of Directors, Persons Discharging
Managerial Responsibility ("PDMR") or Connected Persons
Hargreaves Lansdown plc (the "Company") has received
notification that on 5(th) October 2016 the following PDMR
exercised share options as detailed below:
Name of Scheme PDMR Number of ordinary Exercise Price Grant Date Number of ordinary
shares over which shares over which
options were options are held
exercised following the
exercise
--------------------- ------------ -------------------- -------------- --------------------- --------------------
Unapproved share
option scheme Chris Worle 15,000 GBP4.5191 28(th) September 2011 153,437
--------------------- ------------ -------------------- -------------- --------------------- --------------------
The market value at the date of exercise was GBP13.11. No new
shares have been issued as a result of the exercise of the share
options.
Mr Worle has advised that he subsequently sold a total of 9,829
ordinary shares of 0.4 pence in the Company ("ordinary shares") at
a price of GBP13.11 per share on 5(th) October 2016. This sale was
solely made to meet the cost of the taxation arising on their
exercise and the transactions result in an overall increase in Mr
Worle's holding in the Company. The number of ordinary shares sold
represented 0.0021% of the ordinary shares in issue. Following
these transactions, the beneficial shareholding of Mr Worle
(including his connected persons) is 50,676 ordinary shares
representing 0.01% 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
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