Christopher Hill increases holding in Hargreaves Lansdown

UK direct-to-investor investment and online trading firm Hargreaves Lansdown PLC (LON:HL) has just announced that Christopher Hill, a director/person discharging managerial responsibility in the company, has exercised an option under the 2018 Deferred Performance Bonus Plan to acquire 30,699 ordinary shares of 0.4p each (“Ordinary Shares”).

Mr Hill then immediately disposed of 14,430 Ordinary Shares in order to meet the taxation arising on the exercise. Mr Hill then transferred 6,113 Ordinary Shares acquired under the exercise to Vanessa Hill who is a Person Closely Associated with him.

The transactions took place on Monday 20 September 2021.

Following these transactions, the beneficial holding of Mr Hill (including his connected persons) in the company has increased.

Chris Hill, CEO of Hargreaves Lansdown, has considerable strategic, leadership and operational skills and experience from a number of business sectors. He has extensive finance and accounting experience having joined the Group initially as CFO and then moving in quick succession to the position of CEO where he is also responsible for driving forward the cultural and risk management aspects of the business.

Prior to joining Hargreaves Lansdown he was CFO at IG Group Holdings plc and prior to that CFO at Travelex.

Mr Hill qualified as a chartered accountant at Arthur Andersen and is an associate member of the Association of Corporate Treasurers. He is a member of the 30% Club.

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