H&t Group Plc Regulatory News (HAT)

18 Nov 2008 17:36



H&T Group plc

18 November 2008

ISSUE OF SHARES

H&T Group plc (the "Company") announces that it has issued today 252,185 ordinary shares of 5p each (the "New Ordinary Shares") in relation to the request by Kleinwort Benson (Jersey) Trustees Limited in its capacity as trustee of the H & T Group plc Employee Benefit Trust ("Trust") to subscribe in the capital of the Company. This follows the grant of 252,185 nil cost ordinary share awards, announced on 12 November 2008, to the Executive Directors of the Company under the H&T Long-Term Incentive Plan. The Trust proposes to use the New Ordinary Shares to satisfy these awards as and when they are exercised. 

Application has been made for the New Ordinary Shares, ranking pari passu in all respects with the existing ordinary shares in issue, to be admitted to trading on the AIM Market of the London Stock Exchange ("Admission").

It is expected that dealings in the New Ordinary Shares will commence on 24 

November 2008. Following Admission of the New Ordinary Shares, the Company will have 35,339,190 ordinary shares of 5p each in issue, with each share having one voting right.

The Company's ISIN code is GB00B12RQD06.

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