H&T GROUP PLC

Remuneration Information • Jan 3, 2019

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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 (number of shares)	Vesting Date	Total options following the Grant (number of shares)
Mr J Nichols	Chief Executive 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 /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  

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

- Price

- Aggregated value

See 4c) above

e)

Date of the transaction  

28 December 2018

f)

Place of the transaction 

Outside of a trading venue

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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