Hargreaves Lansdown PLC Director/PDMR Shareholding (5453W)

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RNS Number : 5453W

Hargreaves Lansdown PLC

17 April 2019

Hargreaves Lansdown plc

DIRECTOR/PDMR SHAREHOLDING - GRANT OF AWARDS

17(th) April 2019

On 15(th) April 2019, David James, Marketing Director, was granted the following options over Hargreaves Lansdown plc Ordinary Shares.

 
 Number of         Option Price   Vesting date      Arrangement 
  Shares subject 
  to option 
      3,539        Nil cost       30(th) June       Listing Rule 9.4.2 
                                   2019              arrangement 
                  -------------  ----------------  ------------------- 
      2,653        Nil cost       17(th) November   Listing Rule 9.4.2 
                                   2019              arrangement 
                  -------------  ----------------  ------------------- 
      5,703        Nil cost       26(th) June       Listing Rule 9.4.2 
                                   2020              arrangement 
                  -------------  ----------------  ------------------- 
      2,317        Nil cost       26(th) June       Listing Rule 9.4.2 
                                   2021              arrangement 
                  -------------  ----------------  ------------------- 
 

The nil-cost options will become exercisable on vesting dates shown above, subject to continuous employment with Hargreaves Lansdown plc.

Buy-Out Awards

The nil-cost options were awarded to Mr James under an arrangement to which Listing Rule 9.4.2 applies in respect of the buy-out of the share option arrangements Mr James forfeited on leaving his previous employment.

The Remuneration Committee believes that the award fairly reflects the value of awards Mr James forfeited on leaving his previous employment in terms of value and timescale of vesting.

This announcement is made in accordance with the requirements of DTR 3.1.4.

For further information please contact:

Hargreaves Lansdown [phone]

Alison Zobel, Company Secretary

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April 17, 2019 11:52 ET (15:52 GMT)