Last checked at 17 Apr 2019 16:52
Hargreaves Lansdown plc
DIRECTOR/PDMR SHAREHOLDING - GRANT OF AWARDS
17th April 2019
On 15th April 2019, David James, Marketing Director, was granted the following options over Hargreaves Lansdown plc Ordinary Shares.
Number of Shares subject to option | Option Price
| Vesting date | Arrangement |
3,539 | Nil cost | 30th June 2019 | Listing Rule 9.4.2 arrangement
|
2,653 | Nil cost | 17th November 2019 | Listing Rule 9.4.2 arrangement |
5,703 | Nil cost | 26th June 2020 | Listing Rule 9.4.2 arrangement
|
2,317 | Nil cost | 26th June 2021 | Listing Rule 9.4.2 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 +44 (0)117 906 7824
Alison Zobel, Company Secretary