Hargreaves Lansdown PLC — Director's Dealing 2015

May 15, 2015

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RNS Number : 3767N

Hargreaves Lansdown PLC

15 May 2015

Hargreaves Lansdown plc ("the Company") 

PDMR Shareholding 

15 May 2015

Notification of Transaction of Directors, Persons Discharging Managerial Responsibility ("PDMR") or Connected Persons in accordance with Disclosure Rules 3.1.4R(1)(a). 

The Company announces the following Director and PDMRs of the Company have today been advised that they have been granted an option to purchase ordinary shares of 0.4p each in the Company ("Ordinary Shares") on 14th April 2015 under the Company's Save As You Earn scheme.

The exercise price of options granted under the scheme is 958.00 pence per share and the options are exerciseable for a period of 6 months from May 2020 to November 2020. 

Director	Position	Number of shares over which option granted	Total current share holding (excluding share options)
Ian Gorham	Director	1,565	332,628
Mark Dampier	PDMR	1,565	806,695
Lee Gardhouse	PDMR	1,784	807,247
Ian Hunter	PDMR	1,565	570,621
Chris Worle	PDMR	1,565	45,505

The Save As You Earn scheme is an all employee scheme which was approved by shareholders at the 2011 Annual General Meeting and comprises a five year savings plan available to eligible employees.

The Company also announces that it has been today advised that, on 14th May 2015, Mr Mark Dampier, a PDMR, exercised an option to purchase 602 ordinary shares of 0.4p each in the Company ("Ordinary Shares") under the Company's All Employee Save As You Earn ("SAYE") scheme.  The exercise price was £2.68 per Ordinary Share and the options were originally granted pursuant to the Hargreaves Lansdown 2010 SAYE scheme.

Following this transaction, the beneficial shareholding of Mark Dampier (including his connected persons) is 807,297 ordinary shares representing 0.17% of the ordinary shares in issue.  The exercise is part of a larger employee exercise which took place on 1st May 2015.  A total of 119 employees participated in the scheme.

The Ordinary Shares issued in respect of this exercise of option have been satisfied by way of transfer of Ordinary Shares from the Company's Employee Benefit Trust.

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

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

For further information contact:

Judy Matthews

Company Secretary

Hargreaves Lansdown

0117 988 9880

This information is provided by RNS

The company news service from the London Stock Exchange

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