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Last checked at 
30 Oct 2013 17:46
For immediate release | 30 October 2013 |
HARGREAVES SERVICES PLC
("Hargreaves" or the "Company")
Long Term Incentive Plan ("LTIP")
Hargreaves Services plc (AIM: HSP), the UK's leading supplier of solid fuel and bulk material logistics, advises that conditional awards involving 192,098 ordinary shares of 10p each ("Ordinary Shares") were granted today under the LTIP rules to a number of employees.
Included within the allocation were awards made to the following Directors:
Director | Maximum number of Ordinary Shares awarded |
Gordon Banham (Chief Executive) | 50,484 |
Iain Cockburn (Finance Director) | 25,242 |
Kevin Dougan (Group Commercial Director) | 18,798 |
The number of Ordinary Shares stated is the maximum available to the persons named above on satisfaction of the performance target in full. The earliest date on which the persons named above would become beneficially entitled to the Ordinary Shares comprised in the awards is 30 October 2016 which follows the performance period defined in the LTIP.
The total number of voting rights in the Company is 33,068,121.
For further details:
Hargreaves Services | 0191 373 4485 |
Gordon Banham, Group Chief Executive | |
Iain Cockburn, Group Finance Director | |
Buchanan | 020 7466 5000 |
Mark Court / Fiona Henson / Sophie Cowles | |
N+1 Singer (Nomad & Joint Broker) | 020 7496 3000 |
Sandy Fraser / Nick Owen | |
Jefferies International Limited (Joint Broker) | 020 7029 8000 |
Sara Hale / Harry Nicholas |
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