REG - Hargreaves Servs PLC - PDMR Dealing

Hargreaves ServicesAnnouncement

21/12/2023 12:00

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RNS Number : 6478X  Hargreaves Services PLC  21 December 2023

Hargreaves Services plc

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

 

PDMR Dealing

 

Hargreaves Services plc (AIM: HSP), a diversified group delivering services to
the industrial and property sectors, announces that, on 21 December 2023,
Gordon Banham (CEO and PDMR) exercised options over 83,381 ordinary shares of
10 pence each in the capital of the Company ("Ordinary Shares"). The options
were granted under the Hargreaves Services plc Executive Share Option Schemes
2019 and 2020 and all of the Ordinary Shares issued pursuant to the exercise
were sold at a price of 10 pence per Ordinary Share.

 

The option exercise was satisfied by a transfer of shares from treasury.
Following the transfer, 335,401 Ordinary Shares remain in treasury and the
total number of voting rights in the Company are 32,803,355. 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.

 

Following the above exercise, Mr Banham sold his entire total holding of
113,085 Ordinary Shares in the Company to GB Holdings (2021) Limited, a
company wholly owned by him, at a price of 10p per Ordinary Share realising
total proceeds of £11,309.

 

Following the above transactions, the total shareholding by GB Holdings (2021)
Limited is 2,759,910 Ordinary Shares, representing 8.41% of the total issued
share capital.

 

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                                                         Gordon Banham
 2     Reason for the notification
 a)    Position/status                                              CEO (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 of 10p each in Hargreaves Services plc

       Identification code

                                                                     ISIN: GB00B0MTC970

 b)    Nature of the transaction                                    1.    Exercise of options over Ordinary Shares

                                                                    2.    Sale of Ordinary Shares

 c)    Price(s) and volume(s)                                        Price(s)      Volume(s)
                                                                    1)    10p      83,381

                                                                    2)    10p      113,085
 d)    Aggregated information

        - Aggregated volume                                         N/A

        - Price
 e)    Date of the transaction                                      21 December 2023

 f)    Place of the transaction                                     1.    Outside of a trading venue

                                                                    2.    London Stock Exchange, AIM

d)

Aggregated information

 - Aggregated volume

 - Price

 

N/A

 

e)

 

Date of the transaction

21 December 2023

 

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                                         Tel: 0191 373 4485
 Stephen Craigen, Chief Financial Officer

 Walbrook PR (Financial PR & IR)      Tel: 020 7933 8780 or hargreavesservices@walbrookpr.com
 Paul McManus/Louis Ashe-Jepson                            Mob: 07980 541 893/07747 515 393
 Charlotte Edgar                                           07884 664 686

 Singer Capital Markets (Nomad & Corporate Broker)                              Tel: 020 7496 3000
 Sandy Fraser

 

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.

 

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