H&T GROUP PLC

Director's Dealing • Aug 25, 2016

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RNS Number : 1260I

H&T Group PLC

25 August 2016

25th August 2016

H&T Group plc

Director Dealings and Issue of Equity

H&T Group plc ("H&T" or "the Group") announces that it was informed on 24 August 2016 that on 24 August 2016, John Nichols, Chief Executive Officer, and Steve Fenerty, Finance Director, exercised options over a total of 138,630 ordinary shares of 5p each in the Company pursuant to the H&T 2006 Option Scheme (the "Options"), as set out in the table below:

Director	Total number of options exercised	Exercise price (p)
John Nichols	87,397	182.5p
Steve Fenerty	51,233	182.5p

The Company has issued and allotted 138,630 new ordinary shares of 5p each pursuant to the exercise of the Options. The Company has also issued and allotted a further 8,991 new ordinary shares of 5p each pursuant to the exercise of options by employees.

Accordingly, an application has been made for a total of 147,621 new ordinary shares in the Company to be admitted to trading on AIM and it is expected that admission will take place on 1 September 2016. 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 37,003,885 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 37,003,885.

This figure of 37,003,885 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 24 August 2016 that on 24 August 2016 John Nichols sold a total of 87,397 ordinary shares in the Company at a price of 288.0 pence per share and Steve Fenerty sold a total of 51,233 ordinary shares in the Company at a price of 288.0 pence per share. Following these share sales both John Nichols' and Steve Fenerty's interests in the Company remain unchanged. Mr Nichols holds a total of 1,079,530 ordinary shares in the Company representing 2.92% of the Company's issued share capital and Mr Fenerty holds a total of 305,933 ordinary shares in the Company representing 0.83% 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 

Steve Fenerty

2

Reason for the notification

a)

Position/status  

CEO and 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
John Nichols	288.0	87,397
Steve Fenerty	288.0	51,233

d)

Aggregated information

- Aggregated volume

- Price

138,630

288.0p

e)

Date of the transaction  

24 August 2016

f)

Place of the transaction 

London Stock Exchange, AIM

- ENDS -

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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