REG - Hargreaves Servs PLC - Share options awards
01/08/2022 17:30
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RNS Number : 5196U Hargreaves Services PLC 01 August 2022
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 118,584 options ("LTIP Options") were awarded on 1 August 2022 to
David Anderson (a director of Hargreaves) and Stephen Barker, Sean Hager and
Niall Fraser (all directors of subsidiary companies of the Group and PDMRs)
and Stephen Craigen (a PDMR) along with seven other senior non-PDMR employees
to subscribe for ordinary shares of 10p each pursuant to the Company's Long
Term Incentive Plan (Hargreaves Services plc Executive Share Option Scheme).
The awards comprise the following allocations:
David Anderson 22,671
Stephen Barker 16,283
Sean Hager 13,099
Niall Fraser 13,099
Stephen Craigen 10,932
Seven senior non-PDMR employees 42,500
The LTIP Options are exercisable at an exercise price of 10p per ordinary
share between the period of 2 August 2025 and 1 August 2027.
Following the above option awards, the interests of David Anderson in the
share capital of the Company are as follows:
Ordinary Shares % of issued share capital Vested but Unvested options
unexercised options
David Anderson 80,771 0.24% Nil 96,333
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 David Anderson
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) 22,671 options at an exercise price of 10p per ordinary share
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 1 August 2022
f) Place of the transaction Off market transaction
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Stephen Barker
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) 16,283 options at an exercise price of 10p per ordinary share
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 1 August 2022
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) 13,099 options at an exercise price of 10p per ordinary share
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 1 August 2022
f) Place of the transaction Off market transaction
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Niall Fraser
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) 13,099 options at an exercise price of 10p per ordinary share
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 1 August 2022
f) Place of the transaction Off market transaction
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name Stephen Craigen
2 Reason for the notification
a) Position/status Group Financial Controller & 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) 10,932 options at an exercise price of 10p per ordinary share
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 1 August 2022
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
John Samuel, Group Finance Director
Walbrook PR (Financial PR & IR)
Tel: 020 7933 8780 or hargreavesservices@walbrookpr.com
Paul McManus/Lianne Applegarth/Louis Ashe-Jepson (mailto:hargreavesservices@walbrookpr.com)
Mob: 07980 541 893/07584 391 303/07747 515 393
Singer Capital Markets Tel: 020 7496 3000
(NOMAD and Joint Corporate Broker)
Sandy Fraser/Justin McKeegan/Rachel Hayes
Investec (Joint Corporate Broker) Tel: 020 7597 5970
Sara Hale/David Anderson/Shalin Bhamra
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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