Hargreaves Lansdown PLC Director/PDMR Shareholding (2053Z)

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RNS Number : 2053Z

Hargreaves Lansdown PLC

10 March 2017

Hargreaves Lansdown plcT

DIRECTOR / PDMR Shareholding

10(th) March 2017

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

Deferred bonus exercise and share sale

Hargreaves Lansdown plc (the "Company") announces that, on 16(th) November 2016, the following PDMR 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   Lee Gardhouse   5,349                   GBP1 (in total)  17(th) February 2014  199,595 
---------------  --------------  ----------------------  ---------------  --------------------  ---------------------- 
 

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

Following the exercise of his share options, Mr Gardhouse sold a total of 3,280 ordinary shares of 0.4 pence in the Company ("ordinary shares") at a price of GBP12.30 per share on 16(th) November 2016. The number of ordinary shares sold represented 0.001% of the ordinary shares in issue. Following the transaction, the beneficial shareholding of Mr Gardhouse (including his connected persons) is 836,880 ordinary shares representing 0.18% 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 and the Market Abuse Regulations.

Enquiries:

Judy Matthews

Company Secretary

Hargreaves Lansdown plc

[phone]

Notes:

   (1)        Notification was delayed as a result of an administrative oversight. 

(2) Mr Gardhouse was 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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March 10, 2017 12:47 ET (17:47 GMT)