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Hargreaves Services PLC announced on 05 August 2026 that on 4 August 2026, GB Holdings (2021) Limited, an entity associated with PDMR Gordon Banham, pledged 2,600,761 ordinary shares of ten pence each in the Company. These shares were pledged in favour of LGT Bank AG as security against a loan facility. GB Holdings (2021) Limited remains the beneficial owner and retains full voting rights, with Gordon Banham's ultimate beneficial ownership remaining 2,600,761 Ordinary Shares, representing approximately 8.47% of the Company's issued Ordinary Shares.
| Date | 5 Aug 2026 |
| Time | 07:00:05 |
| Category | Director/PDMR dealings |
| ID | 2723P |
HARGREAVES SERVICES PLC
(the "Group", the "Company" or "Hargreaves")
PDMR Shareholding
Hargreaves Services plc (AIM: HSP), a diversified group delivering services to the environmental, infrastructure and property sectors, announces that, on 4 August 2026, GB Holdings (2021) Limited, an entity associated with Gordon Banham, has entered into a security arrangement as detailed below.
GB Holdings (2021) Limited has pledged 2,600,761 ordinary shares of ten pence each in the capital of the Company ("Ordinary Shares") in favour of LGT Bank AG as security against a loan facility. GB Holdings (2021) Limited remains the beneficial owner of the 2,600,761 Ordinary Shares subject to the pledge and retains full voting rights.
Following these transactions, the ultimate beneficial ownership of Gordon Banham and his connected parties in the Company remains unchanged, being 2,600,761 Ordinary Shares, representing approximately 8.47% of the Company's issued Ordinary Shares (excluding those held in treasury).
Enquiries:
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Hargreaves Services Simon Hicks, Chief Executive Officer Stephen Craigen, Chief Financial Officer
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Tel: 0191 373 4485 |
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Walbrook PR (Financial PR & IR) Paul McManus, Lianne Applegarth, Anna Dunphy, Nick Rome
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Tel: 020 7933 8780 or [email protected] Mob: 07980 541 893 / 07584 391 303 07876 741 001/ 07748 325 236
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Singer Capital Markets (Nomad and Joint Corporate Broker) Shaun Dobson, Russell Cook, Dan Ingram
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Tel: 020 7496 3000 |
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Cavendish Capital Markets Ltd (Joint Corporate Broker) Adrian Hadden, Jasper Berry, Sunila de Silva |
Tel: 020 7220 0500 |
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About Hargreaves
Hargreaves Services plc is a diversified group delivering services to the environmental, infrastructure 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 Connectivity, Clean Energy and Environmental infrastructure 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 und Roheisen GmbH ("DK"), 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, South Africa and a joint venture in Duisburg, Germany.
For further information, please visit www.hsgplc.co.uk.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:
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1. |
Details of person discharging managerial responsibilities/person closely associated |
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a) |
Name |
GB Holdings (2021) Limited, PCA to Gordon Banham |
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2 |
Reason for the notification |
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a) |
Position/status |
PCA to Gordon Banham (PDMR) |
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b) |
Is this an initial notification or an amendment to a prior notification? |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Hargreaves Services Plc |
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b) |
LEI |
213800O17BER1SHMH466 |
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4
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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 |
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a)
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Description of the financial instrument, type of instrument
Identification code |
Ordinary Shares of 10p each
GB00B0MTC970 |
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b) |
Nature of the transaction |
The pledge of 2,600,761 Ordinary Shares in favour of LGT Bank AG as security for a loan facility. GB Holdings (2021) Limited remains the beneficial owner of the 2,600,761 Ordinary Shares subject to the pledge and retains full voting rights. |
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c)
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Price(s) and volume(s)
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d)
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Aggregated information (if any) - Aggregated volume
- Price |
2,600,761
Nil |
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e) |
Date of transaction |
4 August 2026 |
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f) |
Place of the transaction |
Outside of trading venue |
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