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Issue of Equity

23rd Nov 2009 17:13

RNS Number : 9530C
Hargreaves Services PLC
23 November 2009
 



Hargreaves Services plc ('the Company')

23 November 2009

Issue of Equity

The Company announces that at a board meeting held on 19 November 2009 it allotted 67,049 ordinary shares of 10p each in the Company ('Ordinary Shares') to employees of the Company in respect of awards made in 2006 under the 'Hargreaves Services plc Performance Share Plan' ('the Plan') The following Directors were allotted shares under the Plan:

Director

Amount of Ordinary Shares received

Resulting holding

Resulting 

%

Gordon Banham

25,543

3,029,831

11.4

Kevin Dougan

15,964

175,000

0.6

Application will be made at the earliest practicable opportunity for admission of the new Ordinary Shares to trading on the AIM Market of the London Stock Exchange.

Enquiries:

Hargreaves Services plc 0191 373 4485

Gordon Banham, CEO

Iain Cockburn, Group Finance Director

Buchanan Communications 0207 466 5000

Tim Anderson

Catherine Breen

Brewin Dolphin Investment Banking 0845 213 4730

Andrew Emmott

Sean Wyndham-Quin

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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