Source - RNS
RNS Number : 0356M
Hargreaves Lansdown PLC
07 October 2016
 

Hargreaves Lansdown plc

 

DIRECTOR / PDMR Shareholding  

  

7th October 2016

 

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

 

Hargreaves Lansdown plc (the "Company") has received notification that on 5th October 2016 the following PDMR exercised share options as detailed below:

 

Name of Scheme

PDMR

Number of ordinary shares over which options were exercised

Exercise Price

Grant Date

Number of ordinary shares over which options are held following the exercise

Unapproved share option scheme

Chris Worle

15,000

£4.5191

28th September 2011

153,437

 

 

The market value at the date of exercise was £13.11.  No new shares have been issued as a result of the exercise of the share options.

 

Mr Worle has advised that he subsequently sold a total of 9,829 ordinary shares of 0.4 pence in the Company ("ordinary shares") at a price of £13.11 per share on 5th October 2016.  This sale was solely made to meet the cost of the taxation arising on their exercise and the transactions result in an overall increase in Mr Worle's holding in the Company.  The number of ordinary shares sold represented 0.0021% of the ordinary shares in issue.   Following these transactions, the beneficial shareholding of Mr Worle (including his connected persons) is 50,676 ordinary shares representing 0.01% 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

+44 (0) 117 988 9880

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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