H&T Group PLC Director Dealings and Issue of Equity (5644K)
April 23 2020 - 2:00AM
UK Regulatory
TIDMHAT
RNS Number : 5644K
H&T Group PLC
23 April 2020
23 April 2020
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 21 April 2020 that between 16 April 2020 and 21
April 2020. John Nichols, Chief Executive Officer, exercised
options for a total of 93,686 ordinary shares of 5p each in the
Company pursuant to the H&T 2010 Option Scheme (the "Options")
as set out in the table below. John Nichols sold 85,924 ordinary
shares to satisfy tax only and 7,762 shares were retained as a
result of the transaction.
Director Total number of options exercised Exercise price
(p)
John Nichols 93,686 245.5p
---------------------------------- ---------------
The Company has issued and allotted 127,601 new ordinary shares
of 5p each pursuant to the exercise of the Options.
Accordingly, an application has been made for a total of 127,601
new ordinary shares in the Company to be admitted to trading on AIM
and it is expected that admission will take place on 24 April 2020.
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 39,864,077 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 39,864,077.
This figure of 39,864,077 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 21 April 2020 that between 16 April 2020 and 21 April
2020, John Nichols sold a total of 85,924 ordinary shares in the
Company at a price of 301.0 pence per share. This was a sale to
satisfy tax only and 7,762 shares were retained as a result of the
transaction. Following this share sale and exercise of options John
Nichols's interest in the Company has increased. Mr Nichols holds a
total of 1,137,492 ordinary shares in the Company representing
2.85% 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 John Nichols
-------------------------- --------------------------------------
2 Reason for the notification
------------------------------------------------------------------
a) Position/status Chief Executive Officer
-------------------------- --------------------------------------
b) Initial notification Initial notification
/Amendment
-------------------------- --------------------------------------
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 H&T GROUP PLC Ordinary shares
financial instrument, of 5 pence
type of instrument
Identification code
GB00B12RQD06
-------------------------- --------------------------------------
b) Nature of the transaction Sale of Ordinary Shares
-------------------------- --------------------------------------
c) Price(s) and volume(s) Director Price (p) Volume
John Nichols 301.0 85,924
---------- -------
-------------------------- --------------------------------------
d) Aggregated information
- Aggregated volume 85,924
- Price 301.0 p
- Aggregated value GBP 258,609.71
-------------------------- --------------------------------------
e) Date of the transaction 21 April 2020
-------------------------- --------------------------------------
f) Place of the transaction London Stock Exchange, AIM
-------------------------- --------------------------------------
- ENDS -
For further information, please contact:
H&T Group plc
Tel: 020 8225 2797
Richard Withers, Chief Financial Officer
Numis Securities (Broker and Nominated Adviser)
Tel: 020 7260 1000
Luke Bordewich - Nominated Adviser
Henry Slater
Haggie Partners (Public Relations)
Tel: 020 7562 4444
Damian Beeley
Caroline Klein
Vivian Lai
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
IOEITMFTMTATBLM
(END) Dow Jones Newswires
April 23, 2020 02:00 ET (06:00 GMT)
H & T (AQSE:HAT.GB)
Historical Stock Chart
From Jul 2024 to Aug 2024
H & T (AQSE:HAT.GB)
Historical Stock Chart
From Aug 2023 to Aug 2024