Hargreaves Services plc

("Hargreaves" or the "Group")

Exercise of Options

and Total Voting Rights

Hargreaves Services plc (AIM: HSP), a diversified group delivering services to the industrial and property sectors, announces that on 16 March 2022 a non-PDMR employee exercised options over 7,168 ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") at an exercise price of nil pence per share. The options were granted under the Company's 2018 Deferred Share Bonus Scheme and all of the Ordinary Shares issued pursuant to the exercise were sold at 535 pence per Ordinary Share.

The option exercise was satisfied by a transfer of shares from treasury. Following the transfer, 778,704 Ordinary Shares remain in treasury and the new total number of voting rights in the Company is 32,360,052. This latter figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company, under the Disclosure and Transparency Rules.

For further details: 

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.