Related Party Transaction Update
Hargreaves Services plc has provided an update on related party transactions concerning its Tender Offer, announcing that substantial shareholder Harwood Capital has tendered 767,280 ordinary shares. Following this transaction, Harwood Capital now holds 8,437,720 ordinary shares, representing 27.48% of the company's voting rights. This participation was previously disclosed as a related party transaction under AIM Rule 13.
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Hargreaves Services plc (AIM: HSP) announces the following transactions by certain Substantial Shareholders of the Company pursuant to the Tender Offer to Shareholders announced on 27 March 2026.
On 27 March 2026, the Company announced that Harwood Capital, Substantial Shareholders in the Company, had irrevocably undertaken to tender such number of Ordinary Shares as is equal to its Individual Basic Entitlement and had reserved its right to tender any Ordinary Shares in excess of its Individual Basic Entitlement, which was deemed to constitute related party transactions under AIM Rule 13. The Company has been notified of their participation in the Tender Offer in the following amounts:
| Shareholder | Number of Ordinary Shares held before Tender Offer | Ordinary Shares Tendered | Number of Ordinary Shares held post Tender Offer | Percentage of voting rights post Tender Offer |
|---|---|---|---|---|
| Harwood Capital | 9,205,000 | 767,280 | 8,437,720 | 27.48% |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.