REG - Hargreaves Servs PLC - Share Options Awards
07/11/2023 11:45
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231107:nRSG6661Sa&default-theme=true
RNS Number : 6661S Hargreaves Services PLC 07 November 2023
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 210,606 options ("LTIP Options") were awarded on 30 October 2023 to
Stephen Craigen (a director of Hargreaves), David Anderson (a director of
Hargreaves), Stephen Barker, Sean Hager and Niall Fraser (all directors of
subsidiary companies of the Group and PDMRs), along with eighteen 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 2023). The awards comprise the following allocations:
Stephen Craigen 25,272
David Anderson 31,041
Stephen Barker 22,727
Sean Hager 18,283
Niall Fraser 18,283
Eighteen senior non-PDMR employees 95,000
The LTIP Options are exercisable at an exercise price of 10p per ordinary
share between the period of 31 October 2026 and 30 October 2028.
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 12,860 0.04% Nil 51,024
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 105,617 0.32% Nil 76,004
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) 25,272 options at an exercise price of 10p per ordinary share
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 30 October 2023
f) Place of the transaction Off market transaction
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) 31,041 options at an exercise price of 10p per ordinary share
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 30 October 2023
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) 22,727 options at an exercise price of 10p per ordinary share
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 30 October 2023
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) 18,283 options at an exercise price of 10p per ordinary share
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 30 October 2023
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) 18,283 options at an exercise price of 10p per ordinary share
d) Aggregated information N/A
- Aggregated volume
- Price
e) Date of the transaction 30 October 2023
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 Finance Director
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 and Joint Corporate Broker) Tel: 020 7496 3000
Justin McKeegan/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.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHUBOARORUARAARecent news on Hargreaves Services
See all newsREG - Hargreaves Servs PLC - Trading Update and Notice of Preliminary Results
AnnouncementREG - Hargreaves Servs PLC - PDMR/PCA Share Transfer
AnnouncementREG - Hargreaves Servs PLC - Transfer of shares held in Treasury
AnnouncementREG - Hargreaves Servs PLC - PDMR/PCA Share Transfer
AnnouncementREG - Hargreaves Servs PLC - Director/PDMR Dealing
Announcement