Hargreaves Services plc
("Hargreaves" or the "Company")
Exercise of Options and Total Voting Rights
Hargreaves Services plc (AIM:HSP), a diversified group delivering services to the environmental, infrastructure and property sectors, announces that, on 11 April 2025, Sean Hager (a PDMR) exercised options over 8,760 ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") at an exercise price of 10 pence per share. The options were granted under the Company's 2021 Executive Share Option Scheme and 4,117 of the Ordinary Shares issued pursuant to the exercise were sold immediately at 583 pence per Ordinary Share to fund associated tax and NI liabilities.
The option exercise was satisfied by a transfer of shares from treasury. Following the transfer, 152,221 Ordinary Shares remain in treasury and the new total number of voting rights in the Company is 33,006,535. 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.
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 |
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| a) |
Name |
Sean Hager |
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| 2 |
Reason for the notification |
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| a) |
Position/status |
PDMR |
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| b) |
Initial notification /Amendment |
Initial notification |
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| 3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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| a) |
Name |
Hargreaves Services plc |
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| b) |
LEI |
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| 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 |
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| a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary shares in Hargreaves Services plc ISIN: GB00B0MTC970 |
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| b) |
Nature of the transaction |
1) Exercise of Options 2) S ale of Ordinary Shares |
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| c) |
Price(s) and volume(s) |
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| d) |
Aggregated information - Aggregated volume - Price |
N/A |
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| e) |
Date of the transaction |
11 April 2025 |
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| f) |
Place of the transaction |
1) Outside of a trading venue 2) London Stock Exchange, AIM |
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| For further details: Hargreaves Services plc Gordon Banham, Chief Executive Officer Stephen Craigen, Chief Financial Officer |
Tel: 0191 373 4485 |
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| Walbrook PR (Financial PR & IR) Paul McManus / Louis Ashe-Jepson / Lianne Applegarth |
Tel: 020 7933 8780 or [email protected] Mob: 07980 541 893 / 07747 515 393 / 07584 391 303 |
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| Singer Capital Markets (Nomad & Corporate Broker) Sandy Fraser / Phil Davies / Sam Butcher |
Tel: 020 7496 3000 |
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| Cavendish Capital Markets Ltd (Joint Corporate Broker) Katy Birkin / Hamish Waller - Corporate Finance Jasper Berry / Tim Redfern - Sales ECM |
Tel: 020 7220 0500 |
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About Hargreaves Services plc ( www.hsgplc.co.uk )
Hargreaves Services plc is a diversified group delivering services to the environmental, infrastructure 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.