Hargreaves Services plc
("Hargreaves", the “Company” or the "Group")
PDMR Dealing, Exercise of Options, and Total Voting Rights
Hargreaves Services plc (AIM: HSP), a diversified group delivering services to the environmental, infrastructure and property sectors announces the exercise of options over a total of 45,272 ordinary shares of 10 pence each in the capital of the Company (“Ordinary Shares”). The option exercises were satisfied by a transfer of shares from treasury. Details of the option exercises were as follows:
On 6 November 2026, Stephen Craigen (a Director) exercised options over 25,272 Ordinary Shares at an exercise price of 10 pence per share. These shares were granted under the Company’s 2023 Share Option Scheme. Immediately after this exercise, 11,878 were sold to fund associated tax and NI liabilities at £8.76 per ordinary share. Following this transaction, Stephen Craigen’s total shareholding is 35,737 Ordinary Shares, representing 0.12% of total issued share capital of the Company.
On 6 November 2026, David Hankin (a PDMR) exercised options over 5,000 Ordinary Shares at an exercise price of 10 pence per share. These options were granted under the Company’s 2023 Share Option Scheme. Immediately after this exercise, these Ordinary Shares were all immediately sold at £8.76 per ordinary share.
On 6 November 2026, 15,000 Ordinary Shares were transferred from treasury to satisfy the exercise of options by three other employees at an exercise price of 10 pence per Ordinary Share. The options were granted under the Company’s Executive Share Option Scheme 2023.
Following the transfers, 716,193 Ordinary Shares remain in treasury and the total number of voting rights in the Company is 30,819,622. 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:
Hargreaves Services Simon Hicks, Chief Executive Stephen Craigen, Chief Financial Officer | Tel: 0191 373 4485 | ||
Walbrook PR (Financial PR & IR) Paul McManus, Anna Dunphy, Nick Rome | Tel: 020 7933 8780 or [email protected] Mob: 07980 541 893 / 07584 391 303 07876 741 001 | ||
Singer Capital Markets (Nomad and Corporate Broker) Shaun Dobson, Russell Cook, Dan Ingram | Tel: 020 7496 3000 | ||
Cavendish Capital Markets Ltd (Joint Corporate Broker) Adrian Hadden, Jasper Berry, Sunila de Silva | Tel: 020 7220 0500 | ||
About Hargreaves Services plc (www.hsgplc.co.uk)
Hargreaves Services plc is a diversified group delivering services to the core markets of Environmental services, Clean Energy, and Connectivity, supporting key industries within the UK and internationally. The Company operates through three divisions as follows: Services, Land, and a German joint venture.
Services is the core of the Group, providing specialist contracted services to critical projects in the Connectivity, Clean Energy and Environmental markets. Its services include but not are not limited to earthmoving, waste management, materials handling, industrial services, mechanical and electrical contracting, and logistics. With a strong base of long-term customer relationships, and expertise in critical sectors, Services is well positioned to benefit from the substantial opportunities in the UK’s significant infrastructure market.
Land is focused on unlocking value from the Group’s land portfolio through residential and commercial development, as well as strategic disposal opportunities. The proven strategy is increasingly built around realising value from legacy assets in order to return value to shareholders.
Germany operates in specialist industrial raw materials trading and recycling markets. This includes DK Recycling, a specialist recycler of steel waste.
Services is increasingly becoming the central driving force behind Hargreaves’ growth, and Land is being progressively monetised to realise value from its assets, while Germany is being optimised to increase its contribution to the Group’s dividend.
Hargreaves is headquartered in Newcastle-upon-Tyne and has operational centres across the UK and internationally.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:
1. | Details of person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Stephen Craigen | ||||
2 | Reason for the notification | |||||
a) | Position/status | PDMR – Chief Financial Officer | ||||
b) | Is this an initial notification or an amendment to a prior notification? | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Hargreaves Services Plc | ||||
b) | LEI | 213800O17BER1SHMH466 | ||||
4 | 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 | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 10p each GB00B0MTC970 | ||||
b) | Nature of the transaction |
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c) | Price(s) and volume(s) |
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d) | Aggregated information (if any) - Aggregated volume - Price | N/A | ||||
e) | Date of transaction | 6 November 2026 | ||||
f) | Place of the transaction |
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1. | Details of person discharging managerial responsibilities/person closely associated | |||||
a) | Name | David Hankin | ||||
2 | Reason for the notification | |||||
a) | Position/status | PDMR – Company Secretary | ||||
b) | Is this an initial notification or an amendment to a prior notification? | Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Hargreaves Services Plc | ||||
b) | LEI | 213800O17BER1SHMH466 | ||||
4 | 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 | |||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 10p each GB00B0MTC970 | ||||
b) | Nature of the transaction |
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c) | Price(s) and volume(s) |
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d) | Aggregated information (if any) - Aggregated volume - Price | N/A | ||||
e) | Date of transaction | 6 November 2026 | ||||
f) | Place of the transaction |
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