Hargreaves Services plc
("Hargreaves" or the "Group")
Exercise
of Options and Total Voting Rights
Hargreaves Services plc (AIM:
HSP), a diversified group delivering services to the industrial and
property sectors, announces that on 15 August 2024 David Anderson
(a PDMR) exercised options over 15,162 ordinary shares of 10 pence
each in the capital of the Company ("Ordinary Shares") at an
exercise price of 10 pence per share. The options were granted
under the Company's 2021 Executive Share Option Scheme and 7,126 of
the Ordinary Shares issued pursuant to the exercise were sold
immediately at 606 pence per Ordinary Share to fund associated tax
and NI liabilities.
Following this exercise and sale, Mr
Anderson's total shareholding is 113,653 Ordinary Shares,
representing 0.35% of the total issued share capital of the
Group.
Total Voting Rights
The option exercise was satisfied by
a transfer of shares from treasury. Following the transfer, 291,530
Ordinary Shares remain in treasury and the new total number of
voting rights in the Company is 32,847,226. 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:
Hargreaves Services
Gordon Banham, Chief Executive
Officer
Stephen Craigen, Chief Financial
Officer
|
www.hsgplc.co.uk
Tel: 0191
373 4485
|
Walbrook PR (Financial PR & IR)
Paul McManus / Louis
Ashe-Jepson/
Charlotte Edgar
|
Tel: 020
7933 8780 or
hargreavesservices@walbrookpr.com
Mob: 07980
541 893 / 07747 515 393 /
07884 664
686
|
Singer Capital Markets (Nomad and Corporate
Broker)
Sandy Fraser / Phil Davies / Sam
Butcher
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Tel: 020
7496 3000
|
Cavendish Capital Markets Ltd (Joint Corporate
Broker)
Katy Birkin / Hamish Waller -
Corporate Finance
Jasper Berry / Tim Redfern - Sales
ECM
|
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 industrial and
property sectors, supporting key industries within the UK and South
East Asia. The Company's three business segments are Services,
Hargreaves Land and an investment in a German joint venture,
Hargreaves Raw Materials Services GmbH ("HRMS"). Services provides
critical support to many core industries including Energy,
Environmental, UK Infrastructure and certain manufacturing
industries through the provision of materials handling, mechanical
and electrical contracting services, logistics and major
earthworks. Hargreaves Land is focused on the sustainable
development of brownfield sites for both residential and commercial
purposes. HRMS trades in specialist commodity markets and owns DK
Recycling, a specialist recycler of steel waste material.
Hargreaves is headquartered in County Durham and has operational
centres across the UK, as well as in Hong Kong and a joint venture
in Duisburg, Germany.
Notification and public disclosure of transactions by persons
discharging managerial responsibilities and persons closely
associated with them.
1
|
Details of the person discharging managerial
responsibilities/person closely associated
|
a)
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Name
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David Anderson
|
2
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Reason for the notification
|
a)
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Position/status
|
PDMR
|
b)
|
Initial notification
/Amendment
|
Initial notification
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3
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Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
|
a)
|
Name
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Hargreaves Services
plc
|
b)
|
LEI
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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
|
Ordinary shares in Hargreaves
Services plc
ISIN: GB00B0MTC970
|
b)
|
Nature of the transaction
|
1) Exercise of
Options
2)
Sale of Ordinary
Shares
|
c)
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Price(s) and volume(s)
|
Price(s)
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Volume(s)
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1) 10p
2) 606p
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1) 15,162
2) 7,126 (Sale)
|
|
|
|
d)
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Aggregated information
-
Aggregated volume
- Price
|
N/A
|
e)
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Date of the transaction
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15 August 2024
|
f)
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Place of the transaction
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1) Outside of a
trading venue
2) London Stock Exchange, AIM
|