HSP.L

Hargreaves Services Plc
Hargreaves Servs PLC - Share Option Awards
15th November 2024, 11:23
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RNS Number : 4566M
Hargreaves Services PLC
15 November 2024
 

 


HARGRAEVES Logo_RGB

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

unexercised options

Unvested 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

 

Identification code 

Grant of options over ordinary shares of 10p each in Hargreaves Services plc

 ISIN: GB00B0MTC970

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

 - Aggregated volume

 - Price 

N/A

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

 

Identification code 

Grant of options over ordinary shares of 10p each in Hargreaves Services plc

 ISIN: GB00B0MTC970

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

 - Aggregated volume

 - Price 

N/A

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

 

Identification code 

Grant of options over ordinary shares of 10p each in Hargreaves Services plc

 ISIN: GB00B0MTC970

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

 - Aggregated volume

 - Price 

N/A

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

 

Identification code 

Grant of options over ordinary shares of 10p each in Hargreaves Services plc 

ISIN: GB00B0MTC970

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

 - Aggregated volume

 - Price 

N/A

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

 

Identification code 

Grant of options over ordinary shares of 10p each in Hargreaves Services plc 

ISIN: GB00B0MTC970

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

 - Aggregated volume

 - Price 

N/A

e)

Date of the transaction

15 November 2024

f)

Place of the transaction

Off market transaction

 

For further details:

Hargreaves Services plc

Gordon Banham, Group Chief Executive

Stephen Craigen, Group Financial Officer

 

www.hsgplc.co.uk

Tel: 0191 373 4485

Walbrook PR (Financial PR & IR)

Paul McManus/Louis Ashe-Jepson

 

Tel: 020 7933 8780 or hargreavesservices@walbrookpr.com

Mob: 07980 541 893/07747 515 393

 

Singer Capital Markets (Nomad & Corporate Broker)

Sandy Fraser/Phil Davies/Sam Butcher

 

Tel: 020 7496 3000

Cavendish Capital Markets Ltd (Joint Corporate Broker)

Katy Birkin/Hamish Waller - Corporate Finance

Jasper Berry/Tim Redfern - Sales ECM

Tel: 020 7220 0500

 


About Hargreaves Services plc (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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