Director Dealings and Issue of Equity

RNS Number : 4828J

H&T Group PLC

29 March 2018

 

29 March 2018

H&T Group plc

Director Dealings and Issue of Equity

H&T Group plc ("H&T" or "the Company") announces that it was informed on 28 March 2018 that on 28 March 2018, Steve Fenerty, Finance Director, exercised options for a total of 59,544 ordinary shares of 5p each in the Company pursuant to the H&T 2008 Option Scheme (the "Options"), as set out in the table below:

Director	Total number of options exercised	Exercise price (p)
Steve Fenerty	59,544	172.5p

The Company has issued and allotted 59,544 new ordinary shares of 5p each pursuant to the exercise of the Options.

Accordingly, an application has been made for a total of 59,544 new ordinary shares in the Company to be admitted to trading on AIM and it is expected that admission will take place on 6 April 2018. The new ordinary shares will rank pari passu with the existing shares of the Company.

Following Admission, the Company's enlarged issued share capital will comprise of 37,571,298 ordinary shares with one voting right per share. No shares are held in Treasury. The total number of voting rights in the Company is therefore 37,571,298.

This figure of 37,571,298 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

Simultaneous with the exercise of the Options, the Company was informed on 28 March 2018 that on 28 March 2018 Steve Fenerty sold a total of 59,544 ordinary shares in the Company at a price of 325.00 pence per share. Following this share sale Steve Fenerty's interest in the Company remains unchanged. Mr Fenerty holds a total of 305,933 ordinary shares in the Company representing 0.8% of the Company's issued share capital.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Steve Fenerty
2	Reason for the notification
a)	Position/status	Finance Director
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	H&T Group plc
b)	LEI	2138006N2X1XSBSDSU74
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	H&T GROUP PLC Ordinary shares of 5 pence GB00B12RQD06
b)	Nature of the transaction	Sale of Ordinary Shares
c)	Price(s) and volume(s)	Director Price (p) Volume Steve Fenerty 325.00 59,544
d)	Aggregated information - Aggregated volume - Price - Aggregated value	59,544 325.00p £193,518.00
e)	Date of the transaction	28 March 2018
f)	Place of the transaction	London Stock Exchange, AIM

For further information, please contact:

H&T Group plc                                                                                                                

Tel: [phone]

John Nichols, Chief Executive

Steve Fenerty, Finance Director

Numis Securities (Broker and Nominated Adviser)         

Tel: [phone]

Mark Lander - Corporate Broking

Freddie Barnfield - Nominated Adviser

Haggie Partners (Public Relations)                                                                                                        

Tel: [phone]

Damian Beeley

Brian Norris

 

END

 

 

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