Hargreaves Lansdown says its financial director Mrs Tracey Taylor has sold a total of 8,700 ordinary shares – and a connected person, Mr J Taylor, has sold a further 2,300 ordinary shares at a price of 529p per share.
The Bristol-based financial services giant which has £26bn under management, has also announced that the following senior figures in the firm have exercised an option to buy ordinary shares of 0.4p each under its All Employee Save As You Earn ("SAYE") scheme. The exercise price was £0.55 per ordinary share:
|
Director |
Position |
Number of shares over which option exercised |
Resultant share holding (excluding any other share options) |
|
Mrs Tracey Taylor |
Director |
22,550 |
756,641 |
|
Mr Ian Hunter |
PDMR |
22,550 |
756,916 |
|
Mr Lee Gardhouse |
PDMR |
25,575 |
944,114 |
|
Mr Mark Dampier |
PDMR |
26,675 |
940,862 |
|
Mr Nigel Bence |
PDMR |
28,325 |
228,659 |
|
Mr Alexander Davies |
PDMR |
20,900 |
1,163,680
|
|
Mr Stuart Louden |
PDMR |
25,025 |
375,650 |
|
Mr Nicholas Marson |
PDMR |
28,050 |
647,676 |
The purchases were part of a larger company-wide Save As You Earn exercise in which 171 employees took part on Tuesday.
In the three months to December 31, Hargreaves Lansdown reported total operating revenue was £62.1m, up 17% on the preceding quarter, helped by higher asset values and new business inflows. Meanwhile the £175m generated in the nine months to March 31 was 16% higher than the same period the year before. Recurring revenues now account for 80% of group operating revenues, up from 77% a year ago.
