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HSP Hargreaves Services Plc

564.00
-6.00 (-1.05%)
Last Updated: 13:19:55
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Hargreaves Services Plc LSE:HSP London Ordinary Share GB00B0MTC970 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -6.00 -1.05% 564.00 562.00 574.00 564.00 564.00 564.00 17,868 13:19:55
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Sanitary Services, Nec 211.46M 27.92M 0.8510 6.63 185.01M

Hargreaves Services PLC Director/PDMR Shareholding (2372H)

02/08/2021 9:50am

UK Regulatory


Hargreaves Services (LSE:HSP)
Historical Stock Chart


From May 2021 to May 2024

Click Here for more Hargreaves Services Charts.

TIDMHSP

RNS Number : 2372H

Hargreaves Services PLC

02 August 2021

 
 
 

2 August 2021

HARGREAVES SERVICES PLC

(the "Group" or "Hargreaves")

Share Option Awards to Executive Directors and PDMRs

Hargreaves Services plc (AIM: HSP), a diversified group delivering key projects and services to the industrial and property sectors, announces that a total of 146,532 options ("LTIP Options") were awarded on 2 August 2021 to Gordon Banham, John Samuel and David Anderson (all directors of Hargreaves) and Stephen Barker, Sean Hager and Niall Fraser (all directors of subsidiary companies of the Group and PDMRs) to subscribe for ordinary shares of 10p each pursuant to the Company's Long Term Incentive Plan (Hargreaves Services plc Executive Share Option Scheme). Additionally, Stephen Craigen, PDMR, was awarded a total of 14,820 options ("Deferred LTIP Options") on 2 August 2021 under the Company's 2021 Deferred Share Bonus Scheme J. The awards comprise the following allocations:

 
G Banham (Group Chief Executive)           41,611 
J Samuel (Group Finance Director)          41,611 
D Anderson (Group Property Director)       22,292 
S Barker (Subsidiary Managing Director)    16,010 
S Hager (Subsidiary Managing Director)     12,880 
N Fraser (Subsidiary Director)             12,128 
S Craigen (Group Financial Controller)     14,820 
 

The LTIP Options are exercisable at an exercise price of 10p per ordinary share from 3 August 2024 but are only exercisable to the extent that certain performance criteria are achieved by the Group over a three year performance period commencing 1 June 2021. The options must be exercised before 2 August 2026.

Following the above option awards, the respective interests of Gordon Banham, John Samuel and David Anderson in the share capital of the Company are as follows:

 
                   Ordinary Shares   % of issued          Vested but        Unvested options 
                                     share capital    unexercised options 
 Gordon Banham        2,646,825         8.20%                Nil                229,682 
                  ----------------  --------------  ---------------------  ----------------- 
 John Samuel           28,000           0.09%                Nil                229,682 
                  ----------------  --------------  ---------------------  ----------------- 
 David Anderson        32,775           0.10%                Nil                137,819 
                  ----------------  --------------  ---------------------  ----------------- 
 

The Deferred LTIP Options issued to Stephen Craigen will vest on 3 August 2024, subject only to continued employment at that date. These options have a nil cost of exercise and must also be exercised before 2 August 2026.

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                        Gordon Banham 
     --------------------------  --------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------- 
 a)   Position/status             Chief Executive Officer 
     --------------------------  --------------------------------------------- 
 b)   Initial notification        Initial 
       /Amendment 
     --------------------------  --------------------------------------------- 
 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          Grant of options over ordinary shares of 10p 
       financial instrument,       each in Hargreaves Services plc 
       type of instrument          ISIN: GB00B0MTC970 
 
       Identification code 
     --------------------------  --------------------------------------------- 
 b)   Nature of the transaction   Grant of options over ordinary shares 
     --------------------------  --------------------------------------------- 
 c)   Price(s) and volume(s)      41,611 options at an exercise price of 10p 
                                   per ordinary share 
     --------------------------  --------------------------------------------- 
 d)   Aggregated information      N/A 
       - Aggregated volume 
       - Price 
     --------------------------  --------------------------------------------- 
 e)   Date of the transaction     2 August 2021 
     --------------------------  --------------------------------------------- 
 f)   Place of the transaction    Off market transaction 
     --------------------------  --------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                        John Samuel 
     --------------------------  --------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------- 
 a)   Position/status             Group Finance Director 
     --------------------------  --------------------------------------------- 
 b)   Initial notification        Initial 
       /Amendment 
     --------------------------  --------------------------------------------- 
 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          Grant of options over ordinary shares of 10p 
       financial instrument,       each in Hargreaves Services plc 
       type of instrument          ISIN: GB00B0MTC970 
 
       Identification code 
     --------------------------  --------------------------------------------- 
 b)   Nature of the transaction   Grant of options over ordinary shares 
     --------------------------  --------------------------------------------- 
 c)   Price(s) and volume(s)      41,611 options at an exercise price of 10p 
                                   per ordinary share 
     --------------------------  --------------------------------------------- 
 d)   Aggregated information      N/A 
       - Aggregated volume 
       - Price 
     --------------------------  --------------------------------------------- 
 e)   Date of the transaction     2 August 2021 
     --------------------------  --------------------------------------------- 
 f)   Place of the transaction    Off market transaction 
     --------------------------  --------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                        David Anderson 
     --------------------------  --------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------- 
 a)   Position/status             Group Property Director 
     --------------------------  --------------------------------------------- 
 b)   Initial notification        Initial 
       /Amendment 
     --------------------------  --------------------------------------------- 
 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          Grant of options over ordinary shares of 10p 
       financial instrument,       each in Hargreaves Services plc 
       type of instrument          ISIN: GB00B0MTC970 
 
       Identification code 
     --------------------------  --------------------------------------------- 
 b)   Nature of the transaction   Grant of options over ordinary shares 
     --------------------------  --------------------------------------------- 
 c)   Price(s) and volume(s)      22,292 options at an exercise price of 10p 
                                   per ordinary share 
     --------------------------  --------------------------------------------- 
 d)   Aggregated information      N/A 
       - Aggregated volume 
       - Price 
     --------------------------  --------------------------------------------- 
 e)   Date of the transaction     2 August 2021 
     --------------------------  --------------------------------------------- 
 f)   Place of the transaction    Off market transaction 
     --------------------------  --------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                        Stephen Barker 
     --------------------------  --------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------- 
 a)   Position/status             Managing Director 
     --------------------------  --------------------------------------------- 
 b)   Initial notification        Initial 
       /Amendment 
     --------------------------  --------------------------------------------- 
 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          Grant of options over ordinary shares of 10p 
       financial instrument,       each in Hargreaves Services plc 
       type of instrument          ISIN: GB00B0MTC970 
 
       Identification code 
     --------------------------  --------------------------------------------- 
 b)   Nature of the transaction   Grant of options over ordinary shares 
     --------------------------  --------------------------------------------- 
 c)   Price(s) and volume(s)      16,010 options at an exercise price of 10p 
                                   per ordinary share 
     --------------------------  --------------------------------------------- 
 d)   Aggregated information      N/A 
       - Aggregated volume 
       - Price 
     --------------------------  --------------------------------------------- 
 e)   Date of the transaction     2 August 2021 
     --------------------------  --------------------------------------------- 
 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             Managing Director 
     --------------------------  --------------------------------------------- 
 b)   Initial notification        Initial 
       /Amendment 
     --------------------------  --------------------------------------------- 
 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          Grant of options over ordinary shares of 10p 
       financial instrument,       each in Hargreaves Services plc 
       type of instrument          ISIN: GB00B0MTC970 
 
       Identification code 
     --------------------------  --------------------------------------------- 
 b)   Nature of the transaction   Grant of options over ordinary shares 
     --------------------------  --------------------------------------------- 
 c)   Price(s) and volume(s)      12,880 options at an exercise price of 10p 
                                   per ordinary share 
     --------------------------  --------------------------------------------- 
 d)   Aggregated information      N/A 
       - Aggregated volume 
       - Price 
     --------------------------  --------------------------------------------- 
 e)   Date of the transaction     2 August 2021 
     --------------------------  --------------------------------------------- 
 f)   Place of the transaction    Off market transaction 
     --------------------------  --------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                        Niall Fraser 
     --------------------------  --------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------- 
 a)   Position/status             Director 
     --------------------------  --------------------------------------------- 
 b)   Initial notification        Initial 
       /Amendment 
     --------------------------  --------------------------------------------- 
 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          Grant of options over ordinary shares of 10p 
       financial instrument,       each in Hargreaves Services plc 
       type of instrument          ISIN: GB00B0MTC970 
 
       Identification code 
     --------------------------  --------------------------------------------- 
 b)   Nature of the transaction   Grant of options over ordinary shares 
     --------------------------  --------------------------------------------- 
 c)   Price(s) and volume(s)      12,128 options at an exercise price of 10p 
                                   per ordinary share 
     --------------------------  --------------------------------------------- 
 d)   Aggregated information      N/A 
       - Aggregated volume 
       - Price 
     --------------------------  --------------------------------------------- 
 e)   Date of the transaction     2 August 2021 
     --------------------------  --------------------------------------------- 
 f)   Place of the transaction    Off market transaction 
     --------------------------  --------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                        Stephen Craigen 
     --------------------------  --------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------- 
 a)   Position/status             Group Financial Controller 
     --------------------------  --------------------------------------------- 
 b)   Initial notification        Initial 
       /Amendment 
     --------------------------  --------------------------------------------- 
 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          Grant of options over ordinary shares of 10p 
       financial instrument,       each in Hargreaves Services plc 
       type of instrument          ISIN: GB00B0MTC970 
 
       Identification code 
     --------------------------  --------------------------------------------- 
 b)   Nature of the transaction   Grant of options over ordinary shares 
     --------------------------  --------------------------------------------- 
 c)   Price(s) and volume(s)      14,820 options at an exercise price of Nil 
                                   p per ordinary share 
     --------------------------  --------------------------------------------- 
 d)   Aggregated information      N/A 
       - Aggregated volume 
       - Price 
     --------------------------  --------------------------------------------- 
 e)   Date of the transaction     2 August 2021 
     --------------------------  --------------------------------------------- 
 f)   Place of the transaction    Off market transaction 
     --------------------------  --------------------------------------------- 
 

For further details:

 
 Hargreaves Services plc                 www.hsgplc.co.uk 
  Gordon Banham, Group Chief Executive    Tel: 0191 373 4485 
  John Samuel, Group Finance Director 
 Walbrook PR (Financial PR & IR)         Tel: 020 7933 8780 or hargreavesservices@walbrookpr.com 
  Paul McManus/Lianne Cawthorne           Mob: 07980 541 893/07584 391 303 
 Singer Capital Markets                  Tel: 020 7496 3000 
  (NOMAD and Joint Corporate Broker) 
  Sandy Fraser/Justin McKeegan/Rachel 
  Hayes 
 Investec (Joint Corporate Broker)       Tel: 020 7597 5970 
  Sara Hale/David Anderson/Shalin 
  Bhamra 
 

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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END

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