REG - Hargreaves Lansdown - Director/PDMR Shareholding <Origin Href="QuoteRef">HRGV.L</Origin>
RNS Number : 0356MHargreaves Lansdown PLC07 October 2016Hargreaves Lansdown plc
DIRECTOR / PDMR Shareholding
7th 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 5th October 2016 the following PDMR exercised share options as detailed below:
Name of Scheme
PDMR
Number of ordinary shares over which options were exercised
Exercise Price
Grant Date
Number of ordinary shares over which options are held following the exercise
Unapproved share option scheme
Chris Worle
15,000
4.5191
28th September 2011
153,437
The market value at the date of exercise was 13.11.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 13.11 per share on 5th 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 RNSThe company news service from the London Stock ExchangeENDDSHZDLFBQBFEFBF
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