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Market Cap: £243.18m
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Director/PDMR Dealing

5 Mar 2024 10:06

RNS Number : 6333F
Hargreaves Services PLC
05 March 2024

Hargreaves Services plc

("Hargreaves", the "Company", or the "Group")

Director/PDMR Dealing

Hargreaves Services plc (AIM: HSP), a diversified group delivering services to the industrial and property sectors, announces that it received notification on 4 March 2024 of the following transaction by a PDMR.

On 4 March 2024, Roger McDowell (Non-Execuitve Chair and PDMR) sold 74,757 Ordinary Shares of 10 pence each in the capital of the Company from a nominee account at £5.21 per share. He then immediately repurchased the shares at £5.2104 per share into a SIPP.

Following this transaction, Roger McDowell's aggregate beneficial holding is unchanged at 442,557 Ordinary Shares representing 1.36%.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Roger McDowell

2

Reason for the notification

a)

Position/status

Non-Executive Chair and PDMR

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Hargreaves Services plc

b)

LEI

213800O17BER1SHMH466

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Identification code

Ordinary Shares of 10p each in Hargreaves Services plc

ISIN: GB00B0MTC970

b)

Nature of the transaction

Sale of Ordinary Shares from nominee account and repurchased into a SIPP with no change of beneficial ownership

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£5.21

£5.2104

74,757

74,757

d)

Aggregated information

- Aggregated volume

- Price

N/A - single transaction

e)

Date of the transaction

4 March 2024

f)

Place of the transaction

Outside of a trading venue

For further details:

?

Hargreaves Services plc

Gordon Banham, Chief Executive Officer

Tel: 0191 373 4485

Stephen Craigen, Group Financial Officer

Walbrook PR (Financial PR & IR)

Tel: 020 7933 8780 or hargreavesservices@walbrookpr.com

Paul McManus/Louis Ashe-Jepson/

Mob: 07980 541 893/07747 515 393

Charlotte Edgar

07884 664 686

Singer Capital Markets (Nomad & Corporate Broker)

Tel: 020 7496 3000

Sandy Fraser/Phil Davies/Sam Butcher

About Hargreaves Services plc (www.hsgplc.co.uk)

Hargreaves Services plc is a diversified group delivering services to the industrial and property sectors, supporting key industries within the UK and South East Asia. The Company's three business segments are Services, Hargreaves Land and an investment in a German joint venture, Hargreaves Raw Materials Services GmbH (HRMS). Services provides critical support to many core industries including Energy, Environmental, UK Infrastructure and certain manufacturing industries through the provision of materials handling, mechanical and electrical contracting services, logistics and major earthworks. Hargreaves Land is focused on the sustainable development of brownfield sites for both residential and commercial purposes. HRMS trades in specialist commodity markets and owns DK Recycling, a specialist recycler of steel waste material. Hargreaves is headquartered in County Durham and has operational centres across the UK, as well as in Hong Kong and a joint venture in Duisburg, Germany.

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END
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