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Hargreaves Services Announces Share Option Exercises and Voting Rights Update

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Hargreaves Services Announces Share Option Exercises and Voting Rights Update

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Hargreaves Services ( (GB:HSP) ) has provided an update.

Hargreaves Services plc announced the exercise of options by Sean Hager, a person discharging managerial responsibilities, and another employee under the company’s 2022 Executive Share Option Scheme. Following the exercise, a total of 3,581 shares were sold to cover tax and NI liabilities, and 2,908 shares were transferred from treasury. The total number of voting rights in the company is now 33,054,544, which may impact shareholder notifications under the Disclosure and Transparency Rules.

The most recent analyst rating on (GB:HSP) stock is a Buy with a £758.00 price target. To see the full list of analyst forecasts on Hargreaves Services stock, see the GB:HSP Stock Forecast page.

Spark’s Take on GB:HSP Stock

According to Spark, TipRanks’ AI Analyst, GB:HSP is a Outperform.

Hargreaves Services is well-positioned with strong financial performance and positive technical indicators. Valuation metrics suggest reasonable pricing with an attractive dividend yield. Corporate events highlight confidence and strategic growth potential, supporting an above-average stock rating.

To see Spark’s full report on GB:HSP stock, click here.

More about Hargreaves Services

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 operates through three business segments: Services, Hargreaves Land, and an investment in a German joint venture, Hargreaves Raw Materials Services GmbH. It provides materials handling, mechanical and electrical contracting services, logistics, and major earthworks, and focuses on sustainable development of brownfield sites. The company is headquartered in County Durham with operational centers across the UK, Hong Kong, and a joint venture in Germany.

Average Trading Volume: 40,121

Technical Sentiment Signal: Buy

Current Market Cap: £256.4M

For a thorough assessment of HSP stock, go to TipRanks’ Stock Analysis page.

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