11th Nov 2026 07:00
11 November 2026
HARGREAVES SERVICES PLC
(the “Group”, the “Company” or “Hargreaves”)
Share Option Awards to Directors, PDMRs and Senior Employees
Hargreaves Services plc (AIM: HSP), a diversified group delivering services to the environmental, infrastructure and property sectors, announces that a total of 189,477 options ("Options") were awarded today to Simon Hicks (a director of Hargreaves), Stephen Craigen (a director of Hargreaves), David Hankin (PDMR), Bruce Lindsay (PDMR), Niall Fraser (PDMR), Sean Hager (PDMR), Rachel Ovington (PDMR), along with 23 senior non-PDMR employees to subscribe for ordinary shares of 10p each pursuant to the Company's Executive Share Option Scheme 2026. The awards comprise the following allocations:
| Options |
Simon Hicks | 43,266 |
Stephen Craigen | 32,761 |
David Hankin | 4,000 |
Bruce Lindsay | 11,000 |
Niall Fraser | 11,000 |
Sean Hager | 11,000 |
Rachel Ovington | 4,000 |
23 Senior non-PDMR employees | 72,450 |
|
|
The Options are exercisable at an exercise price of 10p per ordinary share between the period of 12 November 2029 and 11 November 2031.
Following the above option awards, the interests of Simon Hicks and Stephen Craigen in the share capital of the Company are as follows:
| Ordinary Shares | % of issued share capital | Vested but unexercised options | Unvested options |
Simon Hicks | 4,250 | 0.01% | Nil | 83,246 |
Stephen Craigen | 35,737 | 0.12% | Nil | 110,816 |
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Simon Hicks |
2 | Reason for the notification | |
a) | Position/status | Director |
b) | Initial notification/Amendment | Initial |
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 | Grant of options over ordinary shares of 10p each in Hargreaves Services plc ISIN: GB00B0MTC970 |
b) | Nature of the transaction | Grant of options over ordinary shares |
c) | Price(s) and volume(s) | 43,266 options at an exercise price of 10p per ordinary share |
d)
| Aggregated information - Aggregated volume - Price | N/A |
e) | Date of the transaction | 11 November 2026 |
f) | Place of the transaction | Off market transaction |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Stephen Craigen |
2 | Reason for the notification | |
a) | Position/status | Director |
b) | Initial notification/Amendment | Initial |
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 | Grant of options over ordinary shares of 10p each in Hargreaves Services plc ISIN: GB00B0MTC970 |
b) | Nature of the transaction | Grant of options over ordinary shares |
c) | Price(s) and volume(s) | 32,761 options at an exercise price of 10p per ordinary share |
d)
| Aggregated information - Aggregated volume - Price | N/A |
e) | Date of the transaction | 11 November 2026 |
f) | Place of the transaction | Off market transaction |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | David Hankin |
2 | Reason for the notification | |
a) | Position/status | PDMR |
b) | Initial notification/Amendment | Initial |
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 | Grant of options over ordinary shares of 10p each in Hargreaves Services plc ISIN: GB00B0MTC970 |
b) | Nature of the transaction | Grant of options over ordinary shares |
c) | Price(s) and volume(s) | 4,000 options at an exercise price of 10p per ordinary share |
d)
| Aggregated information - Aggregated volume - Price | N/A |
e) | Date of the transaction | 11 November 2026 |
f) | Place of the transaction | Off market transaction |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Bruce Lindsay |
2 | Reason for the notification | |
a) | Position/status | PDMR |
b) | Initial notification/Amendment | Initial |
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 | Grant of options over ordinary shares of 10p each in Hargreaves Services plc ISIN: GB00B0MTC970 |
b) | Nature of the transaction | Grant of options over ordinary shares |
c) | Price(s) and volume(s) | 11,000 options at an exercise price of 10p per ordinary share |
d) | Aggregated information - Aggregated volume - Price | N/A |
e) | Date of the transaction | 11 November 2026 |
f) | Place of the transaction | Off market transaction |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Niall Fraser |
2 | Reason for the notification | |
a) | Position/status | PDMR |
b) | Initial notification/Amendment | Initial |
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 | Grant of options over ordinary shares of 10p each in Hargreaves Services plc ISIN: GB00B0MTC970 |
b) | Nature of the transaction | Grant of options over ordinary shares |
c) | Price(s) and volume(s) | 11,000 options at an exercise price of 10p per ordinary share |
d) | Aggregated information - Aggregated volume - Price | N/A |
e) | Date of the transaction | 11 November 2026 |
f) | Place of the transaction | Off market transaction |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Sean Hager |
2 | Reason for the notification | |
a) | Position/status | PDMR |
b) | Initial notification/Amendment | Initial |
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 | Grant of options over ordinary shares of 10p each in Hargreaves Services plc ISIN: GB00B0MTC970 |
b) | Nature of the transaction | Grant of options over ordinary shares |
c) | Price(s) and volume(s) | 11,000 options at an exercise price of 10p per ordinary share |
d) | Aggregated information - Aggregated volume - Price | N/A |
e) | Date of the transaction | 11 November 2026 |
f) | Place of the transaction | Off market transaction |
1 | Details of the person discharging managerial responsibilities/person closely associated | |
a) | Name | Rachel Ovington |
2 | Reason for the notification | |
a) | Position/status | PDMR |
b) | Initial notification/Amendment | Initial |
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 | Grant of options over ordinary shares of 10p each in Hargreaves Services plc ISIN: GB00B0MTC970 |
b) | Nature of the transaction | Grant of options over ordinary shares |
c) | Price(s) and volume(s) | 4,000 options at an exercise price of 10p per ordinary share |
d) | Aggregated information - Aggregated volume - Price | N/A |
e) | Date of the transaction | 11 November 2026 |
f) | Place of the transaction | Off market transaction |
Enquiries:
Hargreaves Services Simon Hicks, Chief Executive Officer Stephen Craigen, Chief Financial Officer
| www.hsgplc.co.uk Tel: 0191 373 4485 | ||
Walbrook PR (Financial PR & IR) Paul McManus, Nick Rome, Anna Dunphy
| Mob: 07980 541 893 / 07748 325 236 07876 741 001
| ||
Singer Capital Markets (Nomad and Joint 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
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 and has operational centres across the UK and internationally.
For further information, please visit www.hsgplc.co.uk.
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