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LONDON - Hargreaves (LON:HRGV) Services plc (AIM:HSP), a diversified service provider to environmental, infrastructure, and property sectors, reported a transaction involving a person discharging managerial responsibilities (PDMR) on Thursday. Rebecca Craigen, the spouse of PDMR Stephen Craigen, sold and then repurchased a slightly smaller number of the company’s ordinary shares.
On the same day, Mrs. Craigen sold 2,849 ordinary shares at a price of 562 pence per share and immediately bought 2,842 shares at 563 pence each within an Individual Savings Account (ISA). These transactions took place on the London Stock Exchange (LON:LSEG)’s AIM market.
Following these transactions, Stephen Craigen’s total beneficial ownership, inclusive of his connected persons’ interests, stands at 20,708 ordinary shares. This represents 0.06% of Hargreaves Services’ total issued share capital.
The company, which is headquartered in County Durham, operates across the UK and has a presence in South East Asia, including a joint venture in Germany. It provides a range of services including materials handling, mechanical and electrical contracting, logistics, and earthworks, and is involved in the development of brownfield sites as well as trading in specialist commodity markets through its German joint venture, Hargreaves Raw Materials Services GmbH.
The announcement of this transaction is in line with the regulatory requirements for notification and public disclosure of transactions by persons closely associated with individuals discharging managerial responsibilities within a publicly-traded company.
The information in this article is based on a press release statement from Hargreaves Services plc.
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