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REG - Hargreaves Servs PLC - Share Option Awards

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RNS Number : 4566M  Hargreaves Services PLC  15 November 2024

15 November 2024

 

 

HARGREAVES SERVICES PLC

("Hargreaves" or the "Group")

 

Share Option Awards to Directors, PDMRs and Senior Employees

Hargreaves Services plc (AIM: HSP), a diversified group delivering key
projects and services to the industrial and property sectors, announces that
a total of 152,163 options ("Options") were awarded on 15 November 2024 to
Stephen Craigen (a director of Hargreaves), Sean Hager (a director of a
subsidiary company of the Group and PDMR), Chloe Lynn, Brooke Tote and David
Hankin (all PDMRs), along with eighteen other senior non-PDMR employees to
subscribe for ordinary shares of 10p each pursuant to the Company's Executive
Share Option Scheme 2024. The awards comprise the following allocations:

 Stephen Craigen                     39,346
 Sean Hager                           12,939
 Chloe Lynn                          4,000
 Brooke Tote                         4,000
 David Hankin                        4,000
 Eighteen senior non-PDMR employees  87,878

 

The Options are exercisable at an exercise price of 10p per ordinary share
between the period of 12 November 2027 and 11 November 2029.

Following the above option awards, the interests of Stephen Craigen in the
share capital of the Company are as follows:

                  Ordinary Shares  % of issued share capital  Vested but            Unvested options

                                                              unexercised options
 Stephen Craigen  20,715           0.06%                      Nil                   75,550

The notifications below, made in accordance with the requirements of the EU
Market Abuse Regulation, provide further detail.

 1    Details of the person discharging managerial responsibilities/person closely
      associated
 a)   Name                                                         Stephen Craigen
 2    Reason for the notification
 a)   Position/status                                              Director
 b)   Initial notification/Amendment                               Initial
 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  Grant of options over ordinary shares of 10p each in Hargreaves Services plc

                                                                    ISIN: GB00B0MTC970

      Identification code
 b)   Nature of the transaction                                    Grant of options over ordinary shares
 c)   Price(s) and volume(s)                                       39,346 options at an exercise price of 10p per ordinary share
 d)   Aggregated information                                       N/A

       - Aggregated volume

       - Price
 e)   Date of the transaction                                      15 November 2024
 f)   Place of the transaction                                     Off market transaction

 

 

 1    Details of the person discharging managerial responsibilities/person closely
      associated
 a)   Name                                                         Sean Hager
 2    Reason for the notification
 a)   Position/status                                              Subsidiary Director & PDMR
 b)   Initial notification/Amendment                               Initial
 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  Grant of options over ordinary shares of 10p each in Hargreaves Services plc

                                                                    ISIN: GB00B0MTC970

      Identification code
 b)   Nature of the transaction                                    Grant of options over ordinary shares
 c)   Price(s) and volume(s)                                       12,939 options at an exercise price of 10p per ordinary share
 d)   Aggregated information                                       N/A

       - Aggregated volume

       - Price
 e)   Date of the transaction                                      15 November 2024
 f)   Place of the transaction                                     Off market transaction

 

 

 1    Details of the person discharging managerial responsibilities/person closely
      associated
 a)   Name                                                         Chloe Lynn
 2    Reason for the notification
 a)   Position/status                                              PDMR
 b)   Initial notification/Amendment                               Initial
 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  Grant of options over ordinary shares of 10p each in Hargreaves Services plc

                                                                    ISIN: GB00B0MTC970

      Identification code
 b)   Nature of the transaction                                    Grant of options over ordinary shares
 c)   Price(s) and volume(s)                                       4,000 options at an exercise price of 10p per ordinary share
 d)   Aggregated information                                       N/A

       - Aggregated volume

       - Price
 e)   Date of the transaction                                      15 November 2024
 f)   Place of the transaction                                     Off market transaction

 

 

 1    Details of the person discharging managerial responsibilities/person closely
      associated
 a)   Name                                                         Brooke Tote
 2    Reason for the notification
 a)   Position/status                                              PDMR
 b)   Initial notification/Amendment                               Initial
 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  Grant of options over ordinary shares of 10p each in Hargreaves Services plc

                                                                   ISIN: GB00B0MTC970

      Identification code
 b)   Nature of the transaction                                    Grant of options over ordinary shares
 c)   Price(s) and volume(s)                                       4,000 options at an exercise price of 10p per ordinary share
 d)   Aggregated information                                       N/A

       - Aggregated volume

       - Price
 e)   Date of the transaction                                      15 November 2024
 f)   Place of the transaction                                     Off market transaction

 

 

 1    Details of the person discharging managerial responsibilities/person closely
      associated
 a)   Name                                                         David Hankin
 2    Reason for the notification
 a)   Position/status                                              PDMR
 b)   Initial notification/Amendment                               Initial
 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  Grant of options over ordinary shares of 10p each in Hargreaves Services plc

                                                                   ISIN: GB00B0MTC970

      Identification code
 b)   Nature of the transaction                                    Grant of options over ordinary shares
 c)   Price(s) and volume(s)                                       4,000 options at an exercise price of 10p per ordinary share
 d)   Aggregated information                                       N/A

       - Aggregated volume

       - Price
 e)   Date of the transaction                                      15 November 2024
 f)   Place of the transaction                                     Off market transaction

 

For further details:

 Hargreaves Services plc                                 www.hsgplc.co.uk

 Gordon Banham, Group Chief Executive                    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

 Singer Capital Markets (Nomad & 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.

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