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14 Jan 2014 15:22
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Hargreaves Services plc ('the Company')
14 January 2014
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Block Admission Update
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The Company announces in accordance with AIM Rule 29 an update on the issuance of shares under its employee share schemes which are administered through a Block Admission facility. The Company last announced details of the total issuance under its Sharesave Scheme (the "Sharesave Scheme") on 5 March 2010 for the period from 27 August 2009 to 1 March 2010. Subsequent to this announcement the Company announced on 10 February 2012 that application had been made for the 2006 Performance Share Plan ("PSP") to also be administered through a Block Admission facility.
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Below is an update of the issuance of shares under the Block Admission facility for both the Sharesave Scheme and the PSP to 31 December 2013.
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Sharesave Scheme | For the period 2 March 2010 to 31 December 2013 |
Balance of unallotted securities from previous return | 551 |
Plus amount by which block scheme (s) increased since last return | 1,125,733 |
Less number of securities allotted under scheme(s) | 619,097 |
Balance under scheme(s) not yet allotted | 507,187 |
PSP | For the period 16 February 2012 to 31 December 2013 |
Balance of unallotted securities from previous return | 0 |
Plus amount by which block scheme (s) increased since last return | 72,286 |
Less number of securities allotted under scheme(s) | 58,286 |
Balance under scheme(s) not yet allotted | 14,000 |
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For further details:
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Hargreaves Services | 0191 373 4485 |
Gordon Banham, Group Chief Executive | |
Iain Cockburn, Group Finance Director Β | |
N+1 Singer (Nomad & Joint Broker) | 020 7496 3000 |
Sandy Fraser / Nick Owen |
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