H&T Group PLC Director Dealings and Issue of Equity (1260I)
August 25 2016 - 2:59AM
UK Regulatory
TIDMHAT
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 Exercise price
exercised (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 Initial notification
/Amendment
---- ------------------------- ---------------------------------------
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 H&T GROUP PLC Ordinary shares
the financial of 5 pence
instrument, type
of instrument
GB00B12RQD06
Identification
code
---- ------------------------- ---------------------------------------
b) Nature of the Sale of Ordinary Shares
transaction
---- ------------------------- ---------------------------------------
c) Price(s) and Director Price (p) Volume
volume(s) --------------- ---------- -------
John Nichols 288.0 87,397
--------------- ---------- -------
Steve Fenerty 288.0 51,233
--------------- ---------- -------
---- ------------------------- ---------------------------------------
Aggregated information
- Aggregated
volume 138,630
d) - Price 288.0p
---- ------------------------- ---------------------------------------
e) Date of the transaction 24 August 2016
---- ------------------------- ---------------------------------------
f) Place of the London Stock Exchange, AIM
transaction
---- ------------------------- ---------------------------------------
- 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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August 25, 2016 03:59 ET (07:59 GMT)