REG - Hargreaves Servs PLC - PDMR Dealing, Exercise of Options and TVR

Hargreaves ServicesAnnouncement

20/09/2024 07:00

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RNS Number : 9441E  Hargreaves Services PLC  20 September 2024

 

20 September 2024

Hargreaves Services plc

("Hargreaves", the "Company", or the "Group")

 

PDMR/PCA Dealing, 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 19 September 2024,
Stephen Craigen (a PDMR) transferred 5,203 ordinary shares in the capital of
the Company (Ordinary Shares) to his wife, Rebecca Craigen, at nil
consideration per share. Following this transaction, Mr Craigen's aggregate
beneficial holding, including his connected persons' interests, is unchanged
at 20,715 Ordinary Shares representing 0.06% of the total issued share
capital.

 

On 18 September 2024, Gordon Banham exercised options over 28,301 Ordinary
Shares at an exercise price of ten pence per share. The options were granted
under the Company's Executive Share Option Scheme 2021. Following the
exercise, Mr Banham intends to transfer 28,301 Ordinary Shares in the Company
to GB Holdings (2021) Limited, a company wholly owned by him, at nil
consideration per Ordinary Share. The option exercise by Mr Banham was
satisfied by a transfer of shares from treasury.

 

Following the above exercise and transfer, Mr Banham's beneficial shareholding
is 2,788,211 Ordinary Shares, representing 8.46% of the total issued share
capital.

 

Furthermore, on 18 September 2024, 18,867 Ordinary Shares were transferred
from treasury to satisfy the exercise of options by another employee at an
exercise price of 10 pence per Ordinary Share. The options were granted under
the Company's Executive Share Option Scheme 2021

 

Total Voting Rights

 

Following the above transfers, 176,981 Ordinary Shares remain in treasury and
the total number of voting rights in the Company are 32,961,775. 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

 Stephen Craigen, Group Financial Officer

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

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

                                    Mob: 07980 541 893/07747 515 393/
 Charlotte Edgar

                                      07884 664 686

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

 Sandy Fraser/Phil Davies/Sam Butcher

 Cavendish Capital Markets Ltd (Joint Corporate Broker)             Tel: 020 7220 0500

 Katy Birkin/Hamish Waller - Corporate Finance

 Jasper Berry/Tim Redfern - Sales ECM

 

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                                    Transfer of Ordinary Shares

 c)     Price(s) and volume(s)                                        Price(s)   Volume(s)
                                                                     nil         5,203
 d)     Aggregated information

         - Aggregated volume                                         N/A

         - Price
 e)     Date of the transaction                                      19 September 2024

 f)     Place of the transaction                                     Outside of a trading venue

d)

Aggregated information

 - Aggregated volume

 - Price

 

N/A

 

e)

 

Date of the transaction

19 September 2024

 

f)

 

Place of the transaction

Outside of a trading venue

 

 1      Details of the person discharging managerial responsibilities/person closely
        associated
 a)     Name                                                         Gordon Banham
 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)    Transfer of Ordinary Shares

 c)     Price(s) and volume(s)                                        Price(s)      Volume(s)
                                                                     1)    10p      1)    28,301

                                                                     2)    nil      2)    28,301
 d)     Aggregated information

         - Aggregated volume                                         N/A

         - Price
 e)     Date of the transaction                                      18 September 2024

 f)     Place of the transaction                                     Outside of a trading venue

d)

Aggregated information

 - Aggregated volume

 - Price

 

N/A

 

e)

 

Date of the transaction

18 September 2024

 

f)

 

Place of the transaction

Outside of a trading venue

 

 

 

 

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