H&T Group PLC Performance Share Plan Awards (0151M)
January 03 2019 - 2:00AM
UK Regulatory
TIDMHAT
RNS Number : 0151M
H&T Group PLC
03 January 2019
3 January 2019
H&T Group plc
("H&T", the "Company" or the "Group")
(AIM: HAT)
Performance Share Plan ("PSP") Awards
H&T Group plc announces details of awards on 28 December
2018 under the H&T Group plc 2018 Performance Share Plan
("PSP") (the "Grant").
Pursuant to the PSP, the following awards have been made to the
Executive Directors of the Group:
Name Role PSP Award Vesting Date Total options following
(number of the Grant
shares) (number of shares)
Chief Executive
Mr J Nichols Officer 98,707 28/12/2021 280,021
Mr S Fenerty Finance Director 73,024 28/12/2021 189,868
In addition, an award of 203,310 nil cost ordinary shares was
made to other senior executives of the Group, again under the
PSP.
In accordance with the rules of the PSP, the shares subject to
the PSP awards will be released on 28 December 2021 subject to
continued employment and the satisfaction of certain specific
performance conditions. The awards are further subject to claw back
and malus provisions.
The performance conditions for the awards are based on achieving
growth in Total Shareholder Return at between 10% and 18% per annum
and Profit Before Tax at between 9% and 16.2% per annum.
Enquiries:
H&T Group plc
Tel: 0870 9022 600
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 (financial public relations)
Tel: 020 7562 4444
Damian Beeley
Sarah Shephard
Chanice Smith
1 Details of the person discharging managerial responsibilities
/ person closely associated
----------------------------------------------------------------------
a) Name 1) John Nichols
2) Stephen Fenerty
--- -------------------------- ------------------------------------------
2 Reason for the notification
--- ----------------------------------------------------------------------
a) Position/status 1) Chief Executive Officer
2) 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 of the H&T GROUP PLC Ordinary shares of 5 pence
financial instrument,
type of instrument
Identification code GB00B12RQD06
--- -------------------------- ------------------------------------------
b) Nature of the transaction Issue of options
--- -------------------------- ------------------------------------------
c) Price(s) and volume(s) Price (p) Volume
John Nichols Nil 98,707
----------- -------
Stephen Fenerty Nil 73,024
----------- -------
--- -------------------------- ------------------------------------------
d) Aggregated information
- Aggregated volume See 4c) above
- Price
- Aggregated value
--- -------------------------- ------------------------------------------
e) Date of the transaction 28 December 2018
--- -------------------------- ------------------------------------------
f) Place of the transaction Outside of a trading venue
--- -------------------------- ------------------------------------------
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Authority to act as a Primary Information Provider in the United
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of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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