REG - Hargreaves Servs PLC - Exercise of Options

Hargreaves ServicesAnnouncement

12/06/2023 13:30

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RNS Number : 4356C  Hargreaves Services PLC  12 June 2023

 

Hargreaves Services plc

("Hargreaves" or the "Group")

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 12 June 2023 Stephen
Craigen (a PDMR) exercised options over 24,360 ordinary shares of 10 pence
each in the capital of the Company ("Ordinary Shares") at an exercise price of
nil pence per share. The options were granted under the Company's 2019
Deferred Share Bonus Scheme and 11,500 of the Ordinary Shares issued pursuant
to the exercise were sold immediately at 431 pence per Ordinary Share to fund
associated tax and NI liabilities.

Following this exercise and sale, Mr Craigen's total shareholding is 12,860
Ordinary Shares, representing 0.04% of the total issued share capital of the
Group.

The option exercise was satisfied by a transfer of shares from treasury.
Following the transfer, 586,758 Ordinary Shares remain in treasury and the new
total number of voting rights in the Company is 32,551,998. 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.

 

For further details:

 

 Hargreaves Services                                                                  www.hsgplc.co.uk (http://www.hsgplc.co.uk)

 Gordon Banham, Chief Executive Officer                                               Tel: 0191 373 4485

 John Samuel, Group Finance Director

 Walbrook PR (Financial PR & IR)                        Tel: 020 7933 8780 or hargreavesservices@walbrookpr.com

                                                      (mailto:hargreavesservices@walbrookpr.com)
 Paul McManus / Lianne Applegarth / Louis Ashe-Jepson

                                                      Mob: 07980 541 893 / 07584 391 303 / 07747 515 393

 Singer Capital Markets (Nomad and Corporate Broker)                                  Tel: 020 7496 3000

 Sandy Fraser / Justin McKeegan

 

About Hargreaves Services plc (www.hsgplc.co.uk (http://www.hsgplc.co.uk) )

Hargreaves Services plc is a diversified group delivering services to the
industrial 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 Energy, Environmental, UK Infrastructure and certain
manufacturing industries 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, 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 and a joint venture
in Duisburg, Germany.

 

 

 

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 (http://www.isinlei.com/LEI/LEIDetails/CE387296055C8380)
 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 in Hargreaves Services plc

        Identification code

                                                                     ISIN: GB00B0MTC970
 b)     Nature of the transaction                                    1)    Exercise of Options

                                                                     2)    Sale of Ordinary Shares

 c)     Price(s) and volume(s)                                        Price(s)   Volume(s)
                                                                     1) nil      1)    24,360

                                                                     2) 431p     2)    11,500 (Sale)

 d)     Aggregated information

         - Aggregated volume                                         N/A

         - Price
 e)     Date of the transaction                                      12 June 2023

 f)     Place of the transaction                                     London Stock Exchange, AIM

d)

Aggregated information

 - Aggregated volume

 - Price

 

N/A

 

e)

 

Date of the transaction

12 June 2023

 

f)

 

Place of the transaction

London Stock Exchange, AIM

 

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