Hargreaves Services plc

("Hargreaves" or the "Group")

Director Dealings

Hargreaves Services plc (AIM: HSP), a diversified group delivering services to the industrial and property sectors, announces that on 4 April 2022 three Directors exercised options over 167,586 ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") at an exercise price of 10 pence per share. The options were granted under the Hargreaves Services plc 2019 Share Option Scheme and all of the Ordinary Shares issued pursuant to the exercises were retained by the Directors. The Directors are responsible for the payment of all income tax and national insurance contributions (including employer's national insurance contributions) due on the exercise of these options.

The option exercises were satisfied by a transfer of shares from treasury. Following the transfers, 611,118 Ordinary Shares remain in treasury and the new total number of voting rights in the Company is 32,527,638. 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.

The Directors who exercised options and their resultant shareholdings in the Company are as follows:

Roger McDowell exercised 112,557 options and now holds 462,557 Ordinary Shares representing 1.4%.

Gordon Banham exercised 29,704 options and now holds 2,676,529 Ordinary Shares representing 8.2%.

David Anderson exercised 25,325 options and now holds 58,100 Ordinary Shares representing 0.2%.

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

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.