H&T GROUP PLC

Director's Dealing • Apr 23, 2020

National Storage Mechanism | Additional information

RNS Number : 5644K

H&T Group PLC

23 April 2020

23 April 2020

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 21 April 2020 that between 16 April 2020 and 21 April 2020. John Nichols, Chief Executive Officer, exercised options for a total of 93,686 ordinary shares of 5p each in the Company pursuant to the H&T 2010 Option Scheme (the "Options") as set out in the table below. John Nichols sold 85,924 ordinary shares to satisfy tax only and 7,762 shares were retained as a result of the transaction.

Director	Total number of options exercised	Exercise price (p)
John Nichols	93,686	245.5p

The Company has issued and allotted 127,601 new ordinary shares of 5p each pursuant to the exercise of the Options.

Accordingly, an application has been made for a total of 127,601 new ordinary shares in the Company to be admitted to trading on AIM and it is expected that admission will take place on 24 April 2020. 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 39,864,077 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 39,864,077.

This figure of 39,864,077 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 21 April 2020 that between 16 April 2020 and 21 April 2020, John Nichols sold a total of 85,924 ordinary shares in the Company at a price of 301.0 pence per share. This was a sale to satisfy tax only and 7,762 shares were retained as a result of the transaction. Following this share sale and exercise of options John Nichols's interest in the Company has increased. Mr Nichols holds a total of 1,137,492 ordinary shares in the Company representing 2.85% 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  

Chief Executive Officer

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	301.0	85,924

d)

Aggregated information

- Aggregated volume

- Price

- Aggregated value

85,924

301.0p

£258,609.71

e)

Date of the transaction  

21 April 2020

f)

Place of the transaction 

London Stock Exchange, AIM

- ENDS -

For further information, please contact:

H&T Group plc                                                                                                               

Tel: 020 8225 2797

Richard Withers, Chief Financial Officer

Numis Securities (Broker and Nominated Adviser)        

Tel: 020 7260 1000

Luke Bordewich - Nominated Adviser

Henry Slater

Haggie Partners (Public Relations)                                                                                                       

Tel: 020 7562 4444

Damian Beeley

Caroline Klein

Vivian Lai

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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