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Hargreaves Services Transfers Treasury Shares to Employee

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Hargreaves Services Transfers Treasury Shares to Employee

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

Hargreaves Services plc announced the transfer of 16,000 ordinary shares from treasury to satisfy an employee’s exercise under the Company’s Deferred Share Bonus Scheme. Following this transfer, the company retains 160,981 ordinary shares in treasury, with the total number of voting rights now at 32,977,775. This update is significant for shareholders as it affects the calculation of their interests under the Disclosure and Transparency Rules.

More about Hargreaves Services

Hargreaves Services plc is a diversified group that provides services to the industrial 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 (HRMS). It offers materials handling, mechanical and electrical contracting services, logistics, and major earthworks to industries such as Energy, Environmental, UK Infrastructure, and manufacturing. Hargreaves Land focuses on sustainable development of brownfield sites, while HRMS trades in specialist commodity markets and owns DK Recycling, a steel waste recycling specialist. The company is headquartered in County Durham, with operations in the UK, Hong Kong, and a joint venture in Duisburg, Germany.

YTD Price Performance: 21.08%

Average Trading Volume: 35,932

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £220.2M

For an in-depth examination of HSP stock, go to TipRanks’ Stock Analysis page.

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