Hargreaves Lansdown PLC Director/PDMR Shareholding (2400J)

TIDMHL.

RNS Number : 2400J

Hargreaves Lansdown PLC

07 September 2016

Hargreaves Lansdown plc

DIRECTOR / PDMR Shareholding

7(th) September 2016

Notification of Transaction of Directors, Persons Discharging Managerial Responsibility ("PDMR") or Connected Persons

Deferred bonus vesting and share sale

Hargreaves Lansdown plc (the "Company") has been notified that on 7(th) September 2016, the following PDMRs exercised share options as detailed below:

 
Name of Scheme   PDMR           Number of ordinary       Exercise Price   Grant Date            Number of ordinary 
                                shares over which                                               shares over which 
                                options were exercised                                          options are held 
                                                                                                following the exercise 
---------------  -------------  -----------------------  ---------------  --------------------  ---------------------- 
Deferred bonus   Mark Dampier   3,659                    GBP1 (in total)  17(th) February 2014  178,995 
---------------  -------------  -----------------------  ---------------  --------------------  ---------------------- 
Deferred bonus   Ian Hunter     8,051                    GBP1 (in total)  17(th) February 2014  192,926 
---------------  -------------  -----------------------  ---------------  --------------------  ---------------------- 
 

No new shares have been issued as a result of the exercise of the share options.

Following the exercise of his share options, Mr Dampier sold a total of 3,659 ordinary shares of 0.4 pence in the Company ("ordinary shares") at a price of GBP13.36 per share on 7(th) September 2016. The number of ordinary shares sold represented 0.001% of the ordinary shares in issue. Following the transaction, the beneficial shareholding of Mr Dampier (including his connected persons) is 807,297 ordinary shares representing 0.17% of the ordinary shares in issue.

Following the exercise of his share options, Mr Hunter sold a total of 8,051 ordinary shares at a price of GBP13.56 per share on 7(th) September 2016. The number of ordinary shares sold represented 0.002% of the ordinary shares in issue. Following the transaction, the beneficial shareholding of Mr Hunter (including his connected persons) is 571,422 ordinary shares representing 0.12% of the ordinary shares in issue.

Hargreaves Lansdown (Nominees) Limited is the registered shareholder as nominee for the above PDMR.

This announcement is made under the UKLA's Disclosure and Transparency Rule 3.1.2R.

Enquiries:

Judy Matthews

Company Secretary

Hargreaves Lansdown plc

[phone]

Notes:

(1) Both PDMRs were awarded the share options ("the award)" on 17(th) February 2014 under the terms of the Company's Deferred Bonus Plan in the form of nil cost options.

   (2)        The award relates to the bonus paid for the year ended 30(th) June 2013. 
   (3)        The award was subject to malus provisions. 

This information is provided by RNS

The company news service from the London Stock Exchange

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September 07, 2016 11:46 ET (15:46 GMT)