REG - Hargreaves Lansdown - Director/PDMR Shareholding

Hargreaves LansdownAnnouncement

12/06/2020 16:00

RNS Number : 8659P
  
Hargreaves Lansdown PLC
  
12 June 2020
  
 

Hargreaves Lansdown plc ("the Company")
Director/PDMR/PCA Transaction - Initial Notification
 
The Company announces that Lee Gardhouse a director/person discharging managerial responsibility in the Company has exercised options under the 2017 and the 2015 Save As You Earn Scheme to purchase ordinary shares of 4p each ("Ordinary Shares"). The exercise took place on 9 June 2020 at a price of £10.57 and £9.58 respectively per Ordinary Share. No shares have been sold on the market. 
 
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)
 


Name
 


Lee Gardhouse




2
 


Reason for the notification
 




a)
 


Position/status
 
 


PDMR
 




b)
 


Initial notification /Amendment
 


INITIAL NOTIFICATION




3
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)
 


Name
 
 


HARGREAVES LANSDOWN PLC




b)
 


LEI
 


2138008ZCE93ZDSESG90




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
 


GB00B1VZ0M25 
 




b)
 


Nature of the transaction
 
 


Exercise OF OPTIONS ACQUIRED UNDER THE 2017 SAYE SCHEME




c)
 


Price(s) and volume(s)
 
 


 



Price(s)


Volume(s)




 GBP £10.57


732



 




 d)


Aggregated information
 
- Aggregated volume
 
- Price
 
 


 
 
732
 
£7,737.24
 




e)
 


Date of the transaction
 
 


9 June 2020




f)
 


Place of the transaction
 
 


OUTSIDE OF A TRADING VENUE



 
 
 
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)
 


Name
 


Lee Gardhouse




2
 


Reason for the notification
 




a)
 


Position/status
 
 


PDMR
 




b)
 


Initial notification /Amendment
 


INITIAL NOTIFICATION




3
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)
 


Name
 
 


HARGREAVES LANSDOWN PLC




b)
 


LEI
 


2138008ZCE93ZDSESG90




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
 


GB00B1VZ0M25 
 




b)
 


Nature of the transaction
 
 


exercise OF OPTIONS ACQUIRED UNDER THE 2015 SAYE SCHEME




c)
 


Price(s) and volume(s)
 
 


 



Price(s)


Volume(s)




 GBP £9.58


1,784



 




 d)


Aggregated information
 
- Aggregated volume
 
- Price
 
 


 
 
1,784
 
£17,090.72
 




e)
 


Date of the transaction
 
 


9 June 2020




f)
 


Place of the transaction
 
 


OUTSIDE OF A TRADING VENUE



 
The Company announces that Christopher Hill a director/person discharging managerial responsibility in the Company has exercised an option under the 2016 Deferred Bonus Scheme to acquire 9,050 ordinary shares of 4p each ("Ordinary Shares"). Mr Hill then immediately disposed of 4,293 ordinary shares in the Company in order to meet the cost of the share options and taxation arising on their exercise.  Upon exercise Mr Hill transferred 2,334 ordinary shares at nil cost to his wife Vanessa Hill who is a Person Closely Associated with him.  The exercise, disposal and transfer took place on 9 June 2020 and has resulted in an increase in holdings for Mr Hill and Persons Closely Associated with him. Following these transactions, the beneficial holding of Mr Hill (including his connected persons) is 29,260 ordinary shares representing 0.006% of the ordinary shares in issue.
 
 
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)
 


Name
 


CHRISTOPHER HILL 




2
 


Reason for the notification
 




a)
 


Position/status
 
 


PDMR
 




b)
 


Initial notification /Amendment
 


INITIAL NOTIFICATION




3
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)
 


Name
 
 


HARGREAVES LANSDOWN PLC




b)
 


LEI
 


2138008ZCE93ZDSESG90




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
 


GB00B1VZ0M25 
 




b)
 


Nature of the transaction
 
 


EXERCISE OF THE 2016 Deferred bonus scheme




c)
 


Price(s) and volume(s)
 
 


 



Price(s)


Volume(s)




 £0


9,050



 




 d)


Aggregated information
 
- Aggregated volume
 
- Price
 
 


 
 
9,050
 
£1
 
 




e)
 


Date of the transaction
 
 


9 JUNE 2020




f)
 


Place of the transaction
 
 


OUTSIDE A TRADING VENUE



 
 
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)
 


Name
 


CHRISTOPHER HILL 




2
 


Reason for the notification
 




a)
 


Position/status
 
 


PDMR
 




b)
 


Initial notification /Amendment
 


INITIAL NOTIFICATION




3
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)
 


Name
 
 


HARGREAVES LANSDOWN PLC




b)
 


LEI
 


2138008ZCE93ZDSESG90




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
 


GB00B1VZ0M25 
 




b)
 


Nature of the transaction
 
 


SALE OF SHARES ACQUIRED UNDER THE 2016 Deferred bonus scheme to cover tax liabilities




c)
 


Price(s) and volume(s)
 
 


 



Price(s)


Volume(s)




 £16.40304


4,293



 




 d)


Aggregated information
 
- Aggregated volume
 
- Price
 
 


 
 
4,293
 
£70,418.25
 
 




e)
 


Date of the transaction
 
 


9 JUNE 2020




f)
 


Place of the transaction
 
 


London stock exchange



 
 
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)
 


Name
 


VANESSA HILL




2
 


Reason for the notification
 




a)
 


Position/status
 
 


PCA




b)
 


Initial notification /Amendment
 


INITIAL NOTIFICATION




3
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)
 


Name
 
 


HARGREAVES LANSDOWN PLC




b)
 


LEI
 


2138008ZCE93ZDSESG90




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
 


GB00B1VZ0M25 
 




b)
 


Nature of the transaction
 
 


TRANSFER OF SHARES




c)
 


Price(s) and volume(s)
 
 


 



 Price(s)


Volume(s)




£ 0


2,334








 d)


Aggregated information
 
- Aggregated volume
 
- Price
 
 


 
 
2,334 
 
£0
 




e)
 


Date of the transaction
 
 


9 JUNE 2020




f)
 


Place of the transaction
 
 


Outside of a trading venue



 
 
The Company announces that Ian Hunter a director/person discharging managerial responsibility in the Company has exercised an option under the 2016 Deferred Bonus Scheme to acquire ordinary shares of 4p each ("Ordinary Shares"). Mr Hunter then immediately disposed of all shares acquired under the exercise.  The exercise and disposal took place on 9 June 2020. 
 
 
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)
 


Name
 


Ian hunter 




2
 


Reason for the notification
 




a)
 


Position/status
 
 


PDMR
 




b)
 


Initial notification /Amendment
 


INITIAL NOTIFICATION




3
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)
 


Name
 
 


HARGREAVES LANSDOWN PLC




b)
 


LEI
 


2138008ZCE93ZDSESG90




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
 


GB00B1VZ0M25 
 




b)
 


Nature of the transaction
 
 


EXERCISE OF THE 2016 Deferred bonus scheme




c)
 


Price(s) and volume(s)
 
 


 



Price(s)


Volume(s)




 £0


13,998



 




 d)


Aggregated information
 
- Aggregated volume
 
- Price
 
 


 
 
13,998
 
£1
 
 




e)
 


Date of the transaction
 
 


9 JUNE 2020




f)
 


Place of the transaction
 
 


OUTSIDE A TRADING VENUE



 
 
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)
 


Name
 


Ian hunter 




2
 


Reason for the notification
 




a)
 


Position/status
 
 


PDMR
 




b)
 


Initial notification /Amendment
 


INITIAL NOTIFICATION




3
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)
 


Name
 
 


HARGREAVES LANSDOWN PLC




b)
 


LEI
 


2138008ZCE93ZDSESG90




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
 


GB00B1VZ0M25 
 




b)
 


Nature of the transaction
 
 


SALE OF SHARES ACQUIRED UNDER THE 2016 Deferred bonus scheme




c)
 


Price(s) and volume(s)
 
 


 



Price(s)


Volume(s)




 £16.78


13,998



 




 d)


Aggregated information
 
- Aggregated volume
 
- Price
 
 


 
 
13,998
 
£234,886.44
 
 




e)
 


Date of the transaction
 
 


9 JUNE 2020




f)
 


Place of the transaction
 
 


London stock exchange



 
 
The Company announces that David James a director/person discharging managerial responsibility in the Company has exercised options over 6,192 ordinary shares of 4p each ("Ordinary Shares") in the Company. These nil-cost options were awarded to Mr James under an arrangement to which Listing Rule 9.4.2 applies in respect of the buy-out of the share option arrangements Mr James forfeited on leaving his previous employment. Mr James then immediately disposed of 2,943 ordinary shares in the Company in order to meet the cost of the share options and taxation arising on their exercise.  The exercise and disposal took place on 9 June 2020.
 
 
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)
 


Name
 


DAVID JAMES
 




2
 


Reason for the notification
 




a)
 


Position/status
 
 


PDMR
 




b)
 


Initial notification /Amendment
 


INITIAL NOTIFICATION




3
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)
 


Name
 
 


HARGREAVES LANSDOWN PLC




b)
 


LEI
 


2138008ZCE93ZDSESG90




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
 


GB00B1VZ0M25 
 




b)
 


Nature of the transaction
 
 


exercise of Nil cost options Granted on joining the company




c)
 


Price(s) and volume(s)
 
 


 



Price(s)


Volume(s)




 £0


6192



 




 d)


Aggregated information
 
- Aggregated volume
 
- Price
 
 


 
 
6192
 
£0
 
 
 




e)
 


Date of the transaction
 
 


9 JUNE 2020




f)
 


Place of the transaction
 
 


Outside of a trading venue



 
 
 
 
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)
 


Name
 


DAVID JAMES
 




2
 


Reason for the notification
 




a)
 


Position/status
 
 


PDMR
 




b)
 


Initial notification /Amendment
 


INITIAL NOTIFICATION




3
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)
 


Name
 
 


HARGREAVES LANSDOWN PLC




b)
 


LEI
 


2138008ZCE93ZDSESG90




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
 


GB00B1VZ0M25 
 




b)
 


Nature of the transaction
 
 


SALE OF SHARES Granted on joining the company to cover tax liabilities




c)
 


Price(s) and volume(s)
 
 


 



Price(s)


Volume(s)




 £16.65206
 


2943



 




 d)


Aggregated information
 
- Aggregated volume
 
- Price
 
 


 
 
2943
 
£49,007.01
 
 
 




e)
 


Date of the transaction
 
 


9 JUNE 2020




f)
 


Place of the transaction
 
 


London stock exchange



 
 
 
The Company announces that Philip Johnson a director/person discharging managerial responsibility in the Company has exercised an option under the 2017 Save As You Earn Scheme to purchase ordinary shares of 4p each ("Ordinary Shares"). The exercise took place on 9 June 2020 at a price of £10.57 per Ordinary Share. No shares have been sold on the market. 
 
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)
 


Name
 


Philip Johnson




2
 


Reason for the notification
 




a)
 


Position/status
 
 


PDMR
 




b)
 


Initial notification /Amendment
 


INITIAL NOTIFICATION




3
 


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)
 


Name
 
 


HARGREAVES LANSDOWN PLC




b)
 


LEI
 


2138008ZCE93ZDSESG90




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
 


GB00B1VZ0M25 
 




b)
 


Nature of the transaction
 
 


exercise OF OPTIONS ACQUIRED UNDER THE 2017 SAYE SCHEME




c)
 


Price(s) and volume(s)
 
 


 



Price(s)


Volume(s)




 GBP £10.57


1,702



 




 d)


Aggregated information
 
- Aggregated volume
 
- Price
 
 


 
 
1,702
 
£17,990.14
 




e)
 


Date of the transaction
 
 


9 June 2020




f)
 


Place of the transaction
 
 


OUTSIDE OF A TRADING VENUE



 
 
Alison Zobel
Company Secretary
 
Copies of our announcements are available on our website http://www.hl.co.uk/investor-relations/regulatory-announcements 
 
 


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