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Hargreaves Services Announces Share Transfer to Satisfy Employee Options

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Hargreaves Services Announces Share Transfer to Satisfy Employee Options

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Hargreaves Services ( (GB:HSP) ) just unveiled an update.

Hargreaves Services plc announced the transfer of 4,362 ordinary shares from treasury to satisfy an employee’s exercise of options under the Executive Share Option Scheme 2022. Following this transfer, the company has 94,739 ordinary shares remaining in treasury, with a total of 33,044,017 voting rights. This update is relevant for shareholders for determining notification requirements under the Disclosure and Transparency Rules.

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 operations across the UK, Hong Kong, and Germany.

Average Trading Volume: 37,293

Technical Sentiment Signal: Buy

Current Market Cap: £258.4M

For detailed information about HSP stock, go to TipRanks’ Stock Analysis page.

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