Business
Related Party Transaction Update
Hargreaves Services plc has provided an update on related party transactions concerning its Tender Offer, announcing that substantial shareholder Harwood Capital has tendered 767,280 ordinary shares. Following this transaction, Harwood Capital now holds 8,437,720 ordinary shares, representing 27.48% of the company's voting rights. This participation was previously disclosed as a related party transaction under AIM Rule 13. Disclaimer*
About this update from Hargreaves Services Plc
[{"type":"text","content":"\n\n\n8 May 2026\nHARGREAVES SERVICES PLC\n(the \"Group\", the \"Company\" or \"Hargreaves\")\nRelated Party Transaction Update\nHargreaves Services plc (AIM: HSP) announces the following transactions by certain Substantial Shareholders of the Company pursuant to the Tender Offer to Shareholders announced on 27 March 2026.\n \nOn 27 March 2026, the Company announced that Harwood Capital, Substantial Shareholders in the Company, had irrevocably undertaken to tender such number of Ordinary Shares as is equal to its Individual Basic Entitlement and had reserved its right to tender any Ordinary Shares in excess of its Individual Basic Entitlement, which was deemed to constitute related party transactions under AIM Rule 13. The Company has been notified of their participation in the Tender Offer in the following amounts:\n \n\n\n\n\nShareholder\n\n\nNumber of Ordinary Shares held before Tender Offer\n\n\nOrdinary Shares Tendered\n\n\nNumber of Ordinary Shares held post Tender Offer\n\n\nPercentage of voting rights post Tender Offer\n\n\n\n\nHarwood Capital\n\n\n9,205,000\n\n\n767,280\n\n\n8,437,720\n\n\n27.48%\n\n\n\n\n \n \nCapitalised terms in this announcement (unless otherwise defined) have the same meanings as set out in the Circular.\n \nEnquiries:\n\n\n\n\nHargreaves Services\nGordon Banham, Chief Executive Officer\nStephen Craigen, Chief Financial Officer\nSimon Hicks, Chief Operating Officer\n \n\n\nwww.hsgplc.co.uk\nTel: 0191 373 4485\n\n\n\n\nWalbrook PR (Financial PR & IR)\nPaul McManus, Lianne Applegarth,\nAnna Dunphy\n \n\n\nTel: 020 7933 8780 or [email protected]\nMob: 07980 541 893 / 07584 391 303\n07876 741 001\n\n\n\n\nSinger Capital Markets (Nomad and Joint Corporate Broker)\nPhil Davies, Sara Hale, Dan Ingram\n \n\n\n \nTel: 020 7496 3000\n\n\n\n\nCavendish Capital Markets Ltd (Joint Corporate Broker)\nAdrian Hadden, Jasper Berry, Sunila de Silva\n\n\nTel: 020 7220 0500\n\n\n\n\n\n\n\n\n\n\n \n\nAbout Hargreaves\nHargreaves 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...