Hargreaves Services PDMR Executes Options, Adjusts Company's Total Voting Rights

In a recent move, a PDMR (Person Discharging Managerial Responsibilities) within the highly diversified Hargreaves Services company, Sean Hager, executed options over 8,760 ordinary shares of 10 pence each in the company’s capital. These options were granted under Hargreaves Services’ 2021 Executive Share Option Scheme and were exercised at a price of 10 pence per share.

Following this event, a total of 4,117 of the newly issued Ordinary Shares were promptly sold off at 583 pence per share. The purpose of this immediate sale was reportedly to cater to associated tax and National Insurance liabilities. The whole exercise was successfully carried through with the help of a transfer of shares from the company’s treasury.

Hargreaves Services’ operations span across environmental, infrastructure, and property sectors, delivering key services and supporting major industries within the United Kingdom and Southeast Asia. Apart from these, the company also has stakes in a German joint venture, Hargreaves Raw Materials Services GmbH.