Director/PDMR Shareholding
Hargreaves Services plc announced that on August 14, 2026, GB Holdings (2021) Limited, associated with Gordon Banham, purchased 490,000 ordinary shares at 820.4p each, which have been pledged as security for a loan but remain beneficially owned with full voting rights, bringing the ultimate beneficial ownership of Gordon Banham and connected parties to approximately 10.07%. Concurrently, investment vehicles connected with Director Nicholas Mills sold 490,000 ordinary shares at 820.0p each, resulting in Nicholas Mills and connected parties holding approximately 25.92% of the company's issued share capital.
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Hargreaves Services plc (AIM: HSP), a diversified group delivering services to the environmental, infrastructure and property sectors, announces that, on 14 August 2026, GB Holdings (2021) Limited, an entity associated with Gordon Banham, purchased 490,000 ordinary shares of ten pence each in the capital of the Company ("Ordinary Shares") at 820.4p each.
GB Holdings (2021) Limited has pledged these 490,000 Ordinary Shares in favour of LGT Bank AG as security against a loan facility. GB Holdings (2021) Limited remains the beneficial owner of the 490,000 Ordinary Shares subject to the pledge and retains full voting rights.
Following these transactions, the ultimate beneficial ownership of Gordon Banham and his connected parties in the Company is 3,090,761 Ordinary Shares, representing approximately 10.07% of the Company's issued Ordinary Shares (excluding those held in treasury).
The Company has also been notified that, on 14 August 2026, certain investment vehicles connected with Nicholas Mills, a Director of the Company, had sold 490,000 Ordinary Shares at 820.0p each. Following these transactions, Nicholas Mills and the investment vehicles connected with him are interested in 7,960,000 Ordinary Shares representing approximately 25.92% of the Company's issued share capital. This total is made up of the following:
North Atlantic Smaller Companies Investment Trust plc: 5,610,000 Ordinary Shares
Oryx International Growth Fund Limited: 2,300,000 Ordinary Shares
Harwood Capital LLP: 50,000 Ordinary Shares (including 9,167 Ordinary Shares held by Nicholas Mills)
| 2 | Reason for the notification | |||||
| a) | Position/status | PCA to Gordon Banham (PDMR) | ||||
| a) | Name | Hargreaves Services Plc | ||||
| b) | LEI | 213800O17BER1SHMH466 | ||||
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 10p each GB00B0MTC970 | ||||
| b) | Nature of the transaction | 1. Purchase of 490,000 Ordinary Shares. 2. The pledge of 490,000 Ordinary Shares in favour of LGT Bank AG as security for a loan facility. GB Holdings (2021) Limited remains the beneficial owner of the 490,000 Ordinary Shares subject to the pledge and retains full voting rights. | ||||
| c) | Price(s) and volume(s) | Price Volume 1. 820.4p 490,000 2. Nil 490,000 | ||||
| d) | Aggregated information (if any) - Aggregated volume - Price | N/A | ||||
| e) | Date of transaction | 1. 14 August 2026 2. 14 August 2026 | ||||
| f) | Place of the transaction | 1. London Stock Exchange, AIM 2. Outside of trading venue | ||||
| 1. | Details of person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Harwood Capital Management Limited, PCA to Nicholas Mills | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | PCA to Nicholas Mills (PDMR) | ||||
| a) | Name | Hargreaves Services Plc | ||||
| b) | LEI | 213800O17BER1SHMH466 | ||||
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares of 10p each GB00B0MTC970 | ||||
| b) | Nature of the transaction | Sale of Ordinary Shares in the Company | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information (if any) - Aggregated volume - Price | N/A | ||||
| e) | Date of transaction | 14 August 2026 | ||||
| f) | Place of the transaction | London Stock Exchange, AIM |
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