H&T Group PLC Director Dealings and Issue of Equity (4828J)

TIDMHAT

RNS Number : 4828J

H&T Group PLC

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   Exercise price 
                   exercised                 (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     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 
                                GB00B12RQD06 
       Identification 
       code 
---  -----------------------  ------------------------------- 
 b)   Nature of the            Sale of Ordinary Shares 
       transaction 
---  -----------------------  ------------------------------- 
 c)   Price(s) and               Director    Price    Volume 
       volume(s)                               (p) 
                                 ----------  -------  ------- 
                                  Steve 
                                   Fenerty    325.00   59,544 
                                 ----------  -------  ------- 
---  -----------------------  ------------------------------- 
 d)   Aggregated information 
 
       - Aggregated              59,544 
       volume 
                                 325.00p 
       - Price 
                                 GBP193,518.00 
       - Aggregated 
       value 
---  -----------------------  ------------------------------- 
 e)   Date of the              28 March 2018 
       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