Exercise of Options and Total Voting Rights
RNS Number : 6843U
Hargreaves Services PLC
11 August 2025
Hargreaves Services plc
("Hargreaves" or the "Company")
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 8 August 2025, Stephen Craigen (a PDMR) exercised options over 6,359 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 2022 Executive Share Option Scheme and 2,998 of the Ordinary Shares issued pursuant to the exercise were sold immediately at 760 pence per Ordinary Share to fund associated tax and NI liabilities.
Following this exercise and sale, Mr Craigen's total shareholding is 24,079 Ordinary Shares, representing 0.07% of the total issued share capital of the Group.
Furthermore, on 8 August 2025, 30,984 Ordinary Shares were transferred from treasury to satisfy the exercise of options by five other employees at an exercise price of 10 pence per Ordinary Share. The options were granted under the Company's Executive Share Option Scheme 2022.
The option exercises were satisfied by a transfer of shares from treasury. Following the transfer, 99,101 Ordinary Shares remain in treasury and the new total number of voting rights in the Company is 33,039,655. 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.
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 | Stephen Craigen | ||||||
| 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 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 in Hargreaves Services plc ISIN: GB00B0MTC970 | ||||||
| b) | Nature of the transaction | 1) Exercise of Options 2) Sale ofOrdinary Shares | ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information - Aggregated volume - Price | N/A | ||||||
| e) | Date of the transaction | 8 August 2025 | ||||||
| f) | Place of the transaction | 1) Outside of a trading venue 2) London Stock Exchange, AIM | ||||||
| For further details: Hargreaves Services plc 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, Joe Walker | Tel: 020 7933 8780 orhargreavesservices@walbrookpr.com Mob: 07980 541 893 / 07747 515 393 / 07584 391 303 | |
| Singer Capital Markets (Nomad & Corporate Broker) Phil Davies / Sam Butcher / Sara Hale | 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 | |