Director dealings and issue of equity

4 April 2018

 

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 3 April 2019 that on 3 April 2019, Stephen Fenerty, Finance Director, exercised options for a total of 61,855 ordinary shares at 5p each and John Nichols, Chief Executive Officer, exercised options for a total of 87,628 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)
Stephen Fenerty	61,855	194p
John Nichols	87,628	194p

 

The Company has issued and allotted 160,579 new ordinary shares of 5p each pursuant to the exercise of the above Options and others.

 

Accordingly, an application has been made for a total of 160,579 new ordinary shares in the Company to be admitted to trading on AIM and it is expected that admission will take place on 9 April 2018. 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 37,819,090 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 37,819,090.

 

This figure of 37,819,090 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 3 April 2019 that on 3 April 2019 Stephen Fenerty sold a total of 43,717 ordinary shares in the Company at a price of 315.00 pence per share and on 3 April 2019 John Nichols sold a total of 62,428 ordinary shares in the Company at a price of 315.00 pence per share. Following this share sale and exercise of options Steve Fenerty's interest in the Company has increased by 18,138 shares. Mr Fenerty holds a total of 324,071 ordinary shares in the Company representing 0.86% of the Company's issued share capital. Following this share sale and exercise of options John Nichols's interest in the Company has increased by 25,200 shares. Mr Nichols holds a total of 1,104,730 ordinary shares in the Company representing 2.92% 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	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	Sale of Ordinary Shares
c)	Price(s) and volume(s)	Price (p) Volume John Nichols 315 62,428 Stephen Fenerty 315 43,717
d)	Aggregated information    - Aggregated volume    - Price   - Aggregated value	John Nichols 62,428 315.00p £196,648.20   Stephen Fenerty 43,717 315.00p £137,708.55
e)	Date of the transaction	3 April 2019
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, Interim Finance Director

 

Numis Securities (Broker and Nominated Adviser)         

Tel: 020 7260 1000

Mark Lander - Corporate Broking

Luke Bordewich - Nominated Adviser

 

Haggie Partners (Public Relations)                                                                                                        

Tel: 020 7562 4444

Damian Beeley

Sarah Shephard