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Director/PDMR Shareholding

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RNS Number : 5453W
Hargreaves Lansdown PLC
17 April 2019
 

 

Hargreaves Lansdown plc

DIRECTOR/PDMR SHAREHOLDING - GRANT OF AWARDS

17th April 2019

On 15th April 2019, David James, Marketing Director, was granted the following options over Hargreaves Lansdown plc Ordinary Shares.

 

Number of Shares subject to option

Option Price

 

Vesting date

Arrangement

3,539

Nil cost

30th June 2019

Listing Rule 9.4.2 arrangement

 

2,653

Nil cost

17th November 2019

Listing Rule 9.4.2 arrangement

5,703

Nil cost

26th June 2020

Listing Rule 9.4.2 arrangement

 

2,317

Nil cost

26th June 2021

Listing Rule 9.4.2 arrangement

 

The nil-cost options will become exercisable on vesting dates shown above, subject to continuous employment with Hargreaves Lansdown plc.

 

Buy-Out Awards

 

The nil-cost options were awarded to Mr James under an arrangement to which Listing Rule 9.4.2 applies in respect of the buy-out of the share option arrangements Mr James forfeited on leaving his previous employment. 

 

The Remuneration Committee believes that the award fairly reflects the value of awards Mr James forfeited on leaving his previous employment in terms of value and timescale of vesting.

  

 

This announcement is made in accordance with the requirements of DTR 3.1.4.

 

For further information please contact:

 Hargreaves Lansdown +44 (0)117 906 7824

Alison Zobel, Company Secretary

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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Quick facts: Hargreaves Lansdown PLC

Price: 2031

Market: LSE
Market Cap: £9.63 billion
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