H&T GROUP PLC

Director's Dealing • Nov 28, 2017

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

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 exercised	Exercise price (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 /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	322.50	92,293

d)

Aggregated information

- Aggregated volume

- Price

- Aggregated value

92,293 

322.50p

£297,644.93

e)

Date of the transaction  

27 November 2017

f)

Place of the transaction 

London Stock Exchange, 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

MSCBRBPTMBBTBFR