Hargreaves Services Announces Exercise of Options
Why we think this is neutral
This RNS announcement does not contain any major news that would significantly impact the company's performance or outlook. It simply details the exercise of share options by a PDMR, which is a routine corporate action.
Key Points
- Exercise of options by PDMR Sean Hager
- 4,117 shares sold to cover tax and NI liabilities
- Transfer of shares from treasury
- Total voting rights updated
Summary
The diversified group has announced the exercise of share options by a senior manager.
Hargreaves Services plc (HSP) has announced that Sean Hager, a PDMR, has exercised options over 8,760 ordinary shares in the company. 4,117 of these shares were immediately sold to cover tax and NI liabilities. The option exercise was satisfied by a transfer of shares from treasury, and the company's total number of voting rights has been updated accordingly.
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