
17 August 2026
HARGREAVES SERVICES PLC
(the "Group", the "Company" or "Hargreaves")
PDMR Dealing
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)
Enquiries:
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Hargreaves Services Simon Hicks, Chief Executive Officer Stephen Craigen, Chief Financial Officer |
Tel: 0191 373 4485 |
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Walbrook PR (Financial PR & IR) Paul McManus, Lianne Applegarth, Anna Dunphy |
Tel: 020 7933 8780 or hargreavesservices@walbrookpr.com Mob: 07980 541 893 / 07584 391 303 07876 741 001 |
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Singer Capital Markets (Nomad and Joint Corporate Broker) Shaun Dobson, Russell Cook, Dan Ingram |
Tel: 020 7496 3000 |
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Cavendish Capital Markets Ltd (Joint Corporate Broker) Adrian Hadden, Jasper Berry, Sunila de Silva |
Tel: 020 7220 0500 |
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About Hargreaves
Hargreaves Services plc is a diversified group delivering services to the environmental, infrastructure and property sectors, supporting key industries within the UK and South East Asia. The Company's three business segments are Services, Hargreaves Land and an investment in a German joint venture, Hargreaves Raw Materials Services GmbH ("HRMS"). Services provides critical support to many core industries including Connectivity, Clean Energy and Environmental infrastructure through the provision of materials handling, mechanical and electrical contracting services, logistics and major earthworks. Hargreaves Land is focused on the sustainable development of brownfield sites for both residential and commercial purposes. HRMS trades in specialist commodity markets and owns DK Recycling und Roheisen GmbH ("DK"), a specialist recycler of steel waste material. Hargreaves is headquartered in County Durham and has operational centres across the UK, as well as in Hong Kong, South Africa and a joint venture in Duisburg, Germany.
For further information, please visit www.hsgplc.co.uk.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them:
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1. |
Details of person discharging managerial responsibilities/person closely associated |
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a) |
Name |
GB Holdings (2021) Limited, PCA to Gordon Banham |
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2 |
Reason for the notification |
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a) |
Position/status |
PCA to Gordon Banham (PDMR) |
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b) |
Is this an initial notification or an amendment to a prior notification? |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Hargreaves Services Plc |
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b) |
LEI |
213800O17BER1SHMH466 |
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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 |
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a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary Shares of 10p each GB00B0MTC970 |
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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. |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information (if any) - Aggregated volume - Price |
N/A |
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e) |
Date of transaction |
1. 14 August 2026 2. 14 August 2026 |
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f) |
Place of the transaction |
1. London Stock Exchange, AIM 2. Outside of trading venue |
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1. |
Details of person discharging managerial responsibilities/person closely associated |
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a) |
Name |
Harwood Capital Management Limited, PCA to Nicholas Mills |
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2 |
Reason for the notification |
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a) |
Position/status |
PCA to Nicholas Mills (PDMR) |
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b) |
Is this an initial notification or an amendment to a prior notification? |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Hargreaves Services Plc |
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b) |
LEI |
213800O17BER1SHMH466 |
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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 |
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a) |
Description of the financial instrument, type of instrument Identification code |
Ordinary Shares of 10p each GB00B0MTC970 |
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b) |
Nature of the transaction |
Sale of Ordinary Shares in the Company |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information (if any) - Aggregated volume - Price |
N/A |
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e) |
Date of transaction |
14 August 2026 |
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f) |
Place of the transaction |
London Stock Exchange, AIM |
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