Hargreaves Lansdown plc

DIRECTOR/PDMR SHAREHOLDING - GRANT OF AWARDS

4^th March 2016

On 3^rd March 2016, Christopher Hill, Chief Financial Officer, was granted the following options over Hargreaves Lansdown PLC Ordinary Shares.

The nil-cost options will become exercisable on vesting dates shown above, subject to continuous employment with the Hargreaves Lansdown plc.

Buy-Out Awards

The nil-cost options were awarded to Mr Hill under an arrangement to which Listing Rule 9.4.2 applies in respect of the buy-out of the share option arrangements Mr Hill forfeited on leaving his previous employment.  This was previously disclosed in the Directors' Remuneration Report of the Hargreaves Lansdown PLC Annual Report and Financial Statements 2015. 

The Remuneration Committee believes that the award fairly reflects the value of awards Mr Hill forfeited on leaving his previous employment in terms of value and timescale of vesting.

LTIP

Mr Hill was also conditionally awarded Hargreaves Lansdown PLC Ordinary shares under the Hargreaves Lansdown Unapproved Share Option Plan 2012 ("the LTIP").  The award was made in line with that made to other Directors/ PDMRs in October 2015, with the number of awards made adjusted for the shorter period of time Mr Hill is employed during the performance period.

The awards have an exercise price of £12.56 per share and will vest (in proportion that the performance criteria have been achieved) no sooner than three years from the date of grant, or on the date on which the Remuneration Committee determine the performance conditions have been met, which shall be no later than three months following the approval of the accounts for year ended 30 June 2018, whichever is later. 

The options may then be exercised at the Mr Hill's discretion until 3^rd March 2022 (being the 6th anniversary of the date of grant of the award).  To the extent the performance conditions are not met, the options shall lapse.

 Further details relating to the operation of the LTIP can be found within the Annual Report and Accounts available on the Company's website. 

This announcement is made in accordance with the requirements of DTR 3.1.4.

For further information please contact:

 Hargreaves Lansdown +44 (0) 117 9809989

Judy Matthews, Company Secretary