H&T Group PLC Director Dealings and Issue of Equity (6528X)
November 28 2017 - 2:00AM
UK Regulatory
TIDMHAT
RNS Number : 6528X
H&T Group PLC
28 November 2017
28 November 2017
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 27 November 2017 that on 27 November 2017, John
Nichols, Chief Executive Officer, exercised options for a total of
92,293 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 Exercise price
exercised (p)
-------------- ------------------------ ---------------
John Nichols 92,293 175.5p
-------------- ------------------------ ---------------
The Company has issued and allotted 92,293 new ordinary shares
of 5p each pursuant to the exercise of the Options.
Accordingly, an application has been made for a total of 92,293
new ordinary shares in the Company to be admitted to trading on AIM
and it is expected that admission will take place on 4 December
2017. 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 37,437,760 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 37,437,760.
This figure of 37,437,760 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 27 November 2017 that on 27 November 2017 John Nichols
sold a total of 92,293 ordinary shares in the Company at a price of
322.50 pence per share. Following this share sale John Nichols'
interest in the Company remains unchanged. Mr Nichols holds a total
of 1,079,530 ordinary shares in the Company representing 2.88% 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 CEO
--- ----------------------- -----------------------------------
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 H&T GROUP PLC Ordinary
of the financial shares of 5 pence
instrument,
type of instrument
Identification GB00B12RQD06
code
--- ----------------------- -----------------------------------
b) Nature of the Sale of Ordinary Shares
transaction
--- ----------------------- -----------------------------------
c) Price(s) and Director Price Volume
volume(s) (p)
-------------- ------- -------
John Nichols 322.50 92,293
-------------- ------- -------
--- ----------------------- -----------------------------------
d) Aggregated information
- Aggregated 92,293
volume
322.50p
- Price
GBP297,644.93
- Aggregated
value
--- ----------------------- -----------------------------------
e) Date of the 27 November 2017
transaction
--- ----------------------- -----------------------------------
f) Place of the London Stock Exchange,
transaction AIM
--- ----------------------- -----------------------------------
For further information, please contact:
H&T Group plc
Tel: 020 8225 2797
John Nichols, Chief Executive
Steve Fenerty, Finance Director
Numis Securities (Broker and Nominated Adviser)
Tel: 020 7260 1000
Mark Lander - Corporate Broking
Freddie Barnfield - Nominated Adviser
Haggie Partners (Public Relations)
Tel: 020 7562 4444
Damian Beeley
Brian Norris
This information is provided by RNS
The company news service from the London Stock Exchange
END
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