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Hargreaves Lansdown PLC (HRGV.L)

HRGV.L on London Stock Exchange

2,057.00GBp
4:35pm BST
Change (% chg)

18.00 (+0.88%)
Prev Close
2,039.00
Open
2,031.00
Day's High
2,064.00
Day's Low
2,024.00
Volume
522,664
Avg. Vol
1,020,999
52-wk High
2,447.33
52-wk Low
1,622.00

Latest Key Developments (Source: Significant Developments)

UK's Treasury Committee Publishes Hargreaves CEO Response To Nicky Morgan's Letter
Wednesday, 19 Jun 2019 

June 19 (Reuters) - UK's Treasury Committee::UK'S TREASURY COMMITTEE - PUBLISHED LETTER FROM CHRIS HILL, CEO HARGREAVES LANSDOWN, IN RESPONSE TO LETTER FROM NICKY MORGAN.UK'S TREASURY COMMITTEE - LETTER FROM NICKY MORGAN WAS ABOUT HARGRAVES LANSDOWN'S LINKS TO SUSPENDED WOODFORD FUND.TREASURY COMMITTEE- HARGRAVES CEO IN LETTER SAID THERE WERE 133,769 HARGREAVES LANSDOWN CLIENTS WITH DIRECT EXPOSURE TO LF WOODFORD EQUITY INCOME.TREASURY COMMITTEE - HARGREAVES CEO IN LETTER SAID CLIENTS, WHO HAVE EXPOSURE TO SUSPENDED FUND, OWN UNITS WORTH £1,091M.TREASURY COMMITTEE - HARGREAVES CEO IN LETTER SAID TOTAL NUMBER OF DIRECTLY, INDIRECTLY EXPOSED TO SUSPENDED FUND WERE 291,520.TREASURY COMMITTEE- HARGREAVES CEO IN LETTER SAID SINCE INCLUDING FUND ON LIST, HAVE MET, TELECONFERENCED WITH NEIL WOODFORD, TEAM 31 TIMES TO DISCUSS PORTFOLIO, INVESTMENT PROCESS.TREASURY COMMITTEE- HARGREAVES CEO IN LETTER SAID BELIEVES WOODFORD SHOULD SUSPEND COLLECTING FEES WHILST CLIENTS CANNOT ACCESS THEIR INVESTMENTS.  Full Article

Hargreaves Lansdown Appoints Dan Olley As An Independent Non-Executive Director
Tuesday, 4 Jun 2019 

June 4 (Reuters) - Hargreaves Lansdown PLC ::APPOINTMENT OF DAN OLLEY AS AN INDEPENDENT NON-EXECUTIVE DIRECTOR OF HARGREAVES LANSDOWN PLC WITH EFFECT FROM 1 JUNE 2019.  Full Article

Hargreaves And Share Centre To Buy 1.5 Bln Stg Of JPMorgan Assets - FT
Tuesday, 9 Apr 2019 

April 9 (Reuters) - :HARGREAVES AND SHARE CENTRE TO BUY £1.5 BILLION OF JPMORGAN ASSETS - FT.  Full Article

Hargreaves Lansdown board appoints new non-executive chairman​
Friday, 2 Feb 2018 

Feb 2 (Reuters) - Hargreaves Lansdown Plc ::‍BOARD OF HARGREAVES LANSDOWN PLC (" BOARD") IS PLEASED TO ANNOUNCE APPOINTMENT OF DEANNA W. OPPENHEIMER AS A DIRECTOR WITH IMMEDIATE EFFECT AND AS NON-EXECUTIVE CHAIR AND CHAIR OF NOMINATION COMMITTEE WITH EFFECT FROM 7 FEBRUARY 2018..OPPENHEIMER CURRENTLY HAS ROLES OF SENIOR INDEPENDENT DIRECTOR AND ON TESCO PLC <<>> AND WHITBREAD PLC <<>> BOARDS​.  Full Article

Hargreaves added 6.9 bln stg in new business for year ended June 30
Tuesday, 15 Aug 2017 

Aug 15 (Reuters) - Hargreaves Lansdown Plc :Total dividend 29 penceper share.. Net new business of £6.9 billion.Strong growth in assets under administration, up 28% to £79.2 billion.Net new business of £6.9 billion.954,000 active clients, an increase of 118,000 in year.Profit before tax increase of 21% to £265.8 million.Ordinary dividend up 20% at 29.0 pence per share.Net revenue up 18 percent to £385.6m.Net revenue margin on shares was 33bps (2016: 30bps).Will not pat a special dividend for the 2017 financial year.  Full Article

Hargreaves Lansdown cancels FY special dividend after FCA capital review
Friday, 4 Aug 2017 

Aug 4 (Reuters) - Hargreaves Lansdown Plc :On August 3, FCA notified group that it intends to reassess its regulatory capital requirements.Revised assessment would mean group's regulatory capital surplus during 2018 is insufficient to meet our risk appetite levels if we paid a special dividend for year ended 30 June 2017.Board has concluded it needs to retain an additional 50 mln stg of capital and hence group will not pay a special dividend for financial year ended 30 June 2017.For financial year ended 30 June 2017, Hargreaves Lansdown expects to announce: . Assets under administration up 28 pct to 79.2 billion stg.Net new business of 6.9 billion stg, up 15 pct in year.Unaudited profit before tax increase of 21 pct to a range of 265 million stg to 266 million stg.  Full Article