RNS Number : 2804D
Hargreaves Services PLC
06 May 2026
6 May 2026
HARGREAVES SERVICES PLC
(the "Group", the "Company" or "Hargreaves")
Director/PDMR Shareholding & Total Voting Rights
Hargreaves Services plc (AIM: HSP) announces the following transactions by certain PDMRs of the Company pursuant to the Tender Offer to Shareholders announced on 27 March 2026. The Participating Directors, being Roger McDowell (Non-Executive Chair), Gordon Banham (Group Chief Executive), Stephen Craigen (Chief Financial Officer), Nigel Halkes (Non-Executive Director), Nicholas Mills (Non-Executive Director) each irrevocably undertook to tender such number of Ordinary Shares as is equal to their individual Basic Entitlement
The following the result of the Tender Offer, the resulting interests of each Participating Director are detailed below:
Director/ PDMR
Number of Ordinary Shares held before Tender Offer
Ordinary Shares Tendered
Number of Ordinary Shares held post Tender Offer
Percentage of voting rights post Tender Offer
Roger McDowell
442,557
31,500
411,057
1.34%
Gordon Banham
2,800,061
199,300
2,600,761
8.47%
Stephen Craigen
24,055
1,712
22,343
0.07%
Nigel Halkes
5,000
355
4,645
0.02%
Nicholas Mills
10,000
711
9,289
0.03%
Additional detail is provided below in accordance with UK MAR.
Total Voting Rights
Following the result of the Tender Offer, 831,304 Ordinary Shares remain in treasury and the total number of voting rights in the Company are 30,704,511. 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.
Capitalised terms in this announcement (unless otherwise defined) have the same meanings as set out in the Circular.
Enquiries:
Hargreaves Services Gordon Banham, Chief Executive Officer Stephen Craigen, Chief Financial Officer Simon Hicks, Chief Operating Officer
www.hsgplc.co.uk Tel: 0191 373 4485
Walbrook PR (Financial PR & IR) Paul McManus, Lianne Applegarth, Anna Dunphy
Singer Capital Markets (Nomad and Joint Corporate Broker) Phil Davies, Sara Hale, Dan Ingram
Tel: 020 7496 3000
Cavendish Capital Markets Ltd (Joint Corporate Broker) Adrian Hadden, Jasper Berry, Sunila de Silva
Tel: 020 7220 0500
About Hargreaves
Hargreaves Services plc is a diversified group delivering services to the environmental, infrastructure 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 Connectivity, Clean Energy and Environmental infrastructure 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 und Roheisen GmbH ("DK"), 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, South Africa and a joint venture in Duisburg, Germany.
For further information, please visit www.hsgplc.co.uk.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:
a)
Name
1. Roger McDowell
2. Gordon Banham
3. Stephen Craigen
4. Nigel Halkes
5. Nick Mills
2
Reason for the notification
a)
Position/status
1. Non-Executive Chair
2. Chief Executive Officer
3. Chief Financial Officer
4. Non-Executive Director
5. Non-Executive Director
b)
Is this an initial notification or an amendment to a prior notification?
Initial notification
3
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)
Name
Hargreaves Services Plc
b)
LEI
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 of 10p each GB00B0MTC970
b)
Nature of the transaction
Participation in Tender Offer (sale of shares)
c)
Price(s) and volume(s)
Price
Volume
1. 850 pence
31,500
2. 850 pence
199,300
3. 850 pence
1,712
4. 850 pence
355
5. 850 pence
711
d)
Aggregated information (if any) - Aggregated volume - Price
N/a
e)
Date of transaction
5 May 2026
f)
Place of the transaction
London Stock Exchange
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