REG - Hargreaves Lansdown - Director/PDMR Shareholding

Hargreaves LansdownAnnouncement

07/03/2024 14:00

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RNS Number : 0430G  Hargreaves Lansdown PLC  07 March 2024

Hargreaves Lansdown plc ("the Company")

Director/PDMR/PCA Transaction - Initial Notification

 

The Company announces that Richard Hebdon a director/person discharging
managerial responsibility in the Company has been granted nil-cost options
over 35,463 ordinary shares in the Company under the Sustained Performance
Plan II. The grant took place on Wednesday 06 March 2024.

 

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                                                         Richard Hebdon

 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

                                                                    ORDINARY SHARES

       Identification code

                                                                    GB00B1VZ0M25

 b)    Nature of the transaction                                    GRANT OF OPTIONs UNDER sustained performance plan II

 c)    Price(s) and volume(s)

 Price(s)         Volume(s)
                                                                     GBP£ Nil cost    35,463

  d)   Aggregated information

       - Aggregated volume                                          Grant of options over 35,463 ordinary shares at nil cost per ordinary share

       - Price

 e)    Date of the transaction                                      06 March 2024

 f)    Place of the transaction                                     OUTSIDE A TRADING VENUE

 d)

Aggregated information

 

- Aggregated volume

 

- Price

 

 

 

 

Grant of options over 35,463 ordinary shares at nil cost per ordinary share

e)

 

Date of the transaction

 

 

06 March 2024

f)

 

Place of the transaction

 

 

OUTSIDE A TRADING VENUE

 

 

The nil-cost options will become exercisable on vesting dates shown
below, subject to continuous employment with Hargreaves Lansdown plc.

 

 Number of shares subject to option  Vesting date      Option price  Arrangement
 1,009                               27 March 2025     Nil Cost      Listing Rule 9.4.2 arrangement
 1,009                               27 March 2026     Nil Cost      Listing Rule 9.4.2 arrangement
 1,009                               27 March 2027     Nil Cost      Listing Rule 9.4.2 arrangement
 14,978                              06 March 2024     Nil Cost      Listing Rule 9.4.2 arrangement
 9,304                               14 February 2025  Nil Cost      Listing Rule 9.4.2 arrangement
 8,154                               20 February 2026  Nil Cost      Listing Rule 9.4.2 arrangement

 

 

Buy-Out Awards

 

The nil-cost options were awarded to Richard Hebdon under an arrangement to
which Listing Rule 9.4.2 applies in respect of the buy-out of the share option
arrangements Richard Hebdon forfeited on leaving their previous employment.

 

The Remuneration Committee believes that the award fairly reflects the value
of awards Richard Hebdon forfeited on leaving his previous employment in terms
of value and timescale of vesting.

 

 

This announcement is made in accordance with the requirements of DTR 3.1.4.

 

 

 

Claire Chapman

Company Secretary

 

Enquiries:

Danny Cox, Head of Communications (07989 672 071)

James Found, Head of Investor Relations (07970 066 634)

 

Copies of our announcements are available on our
website http://www.hl.co.uk/investor-relations/regulatory-announcements
(http://www.hl.co.uk/investor-relations/regulatory-announcements)

 

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