H&t Group Plc Regulatory News (HAT)

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, JAPAN, NEW ZEALAND OR THE REPUBLIC OF SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF REGULATION 596/2014 ("MAR").

2 July 2019

H&T Group plc

Result of Placing

H&T Group plc ("H&T" or the "Company"), the UK's leading pawnbroker, is pleased to announce the successful completion of the placing announced on 1 July 2019 (the "Placing").

A total of 1,882,925 new ordinary shares in the Company of 5p each (the "Placing Shares") have been placed by Numis Securities Limited ("Numis") at a price of 316p per Placing Shares (the "Placing Price"), raising proceeds of £6.0m (before expenses).

The Placing Shares issued represent approximately 5.0% of the issued ordinary share capital of the Company prior to the Placing. The Placing Price represents a discount of 0.0% to the closing price of 316p on 1 July 2019.

In relation to the above, an application has been made to the London Stock Exchange for the Placing Shares, which will, when issued, be credited as fully paid and rank pari passu with the existing ordinary shares, to be admitted to trading on AIM on or around 4 July 2019.

In accordance with the FCA's Disclosure Guidance and Transparency Rules, following this issue, the Company's issued share capital will consist of 39,710,426 ordinary shares. The Company does not hold any ordinary shares in treasury.

The figure of 39,710,426 ordinary shares should be used by shareholders 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 Company under the FCA's Disclosure Guidance and Transparency Rules.

For further information, please contact:

H&T Group plc

Tel: 0870 9022 600

John Nichols, Chief Executive

Richard Withers, Interim Finance Director

Numis Securities (Broker and Nominated Adviser)

Tel: 020 7260 1000

Luke Bordewich

Oliver Cox

Haggie Partners (Public Relations)

Damian Beeley

Tel: 020 7562 4444

About H&T - www.handt.co.uk

H&T Pawnbrokers began serving communities in London in 1897. Since then it has expanded to become one of the oldest and leading pawnbrokers in the UK.

Presence on the high street and excellent customer service to a localised customer base, have always underpinned H&T's approach. H&T operates in a fast-moving, competitive environment. It will continue to succeed by focussing on customer needs, training, developing and retaining key staff, developing existing and new products and expanding its distribution channels.

H&T provide a wide range of services but at the core is the provision of money to its customer base, whether through a loan or the sale of an asset.

The Company is listed on the LSE AIM (HAT.L).

Important Notices

This Announcement has been issued by, and is the sole responsibility of, the Company. No representation or warranty, express or implied, is or will be made by Numis, or by any of its partners, directors, officers, employees, advisers, consultants, affiliates or agents as to or in relation to, the accuracy or completeness of this Announcement or any other written or oral information made available to any interested person or its advisers, and any liability therefore is expressly disclaimed.

This Announcement does not constitute or form part of an offer to sell or issue or a solicitation of an offer to buy, subscribe for or otherwise acquire any securities in any jurisdiction including, without limitation, the United States, Australia, Canada, Japan, New Zealand, the Republic of South Africa or any other jurisdiction in which such offer or solicitation would be unlawful.

The Placing Shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") or with any securities regulatory authority of any state or other jurisdiction of the United States and may not be offered, sold, delivered or transferred, directly or indirectly, in or into the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any applicable securities laws of any state or other jurisdiction of the United States. The Company does not intend to register any portion of the issue in the United States or to conduct a public offering of securities in the United States.

None of the information in this Announcement has been independently verified or approved by Numis or any of its partners, directors, officers, employees, advisers, consultants, affiliates or agents. Save for any responsibilities or liabilities, if any, imposed on Numis by FSMA or by the regulator regime established under it, no responsibility or liability is accepted by Numis or any of its partners, directors, officers, employees, advisers, consultants, affiliates or agents for any errors, omissions or inaccuracies in such information or opinions or for any loss, cost or damage suffered or incurred howsoever arising, directly or indirectly, from any use of this Announcement or its contents or otherwise in connection with this Announcement or from any acts or omissions of the Company in relation to the Placing. Numis, and its partners, directors, officers, employees, advisers, consultants, affiliates and agents, disclaim to the fullest extent permitted by law all and any responsibility or liability whatsoever, whether arising in tort, contract or otherwise, which it might otherwise have in respect of this Announcement or any such statement.

Numis, which is authorised and regulated in the United Kingdom by the FCA, is acting solely for the Company and no-one else in connection with the transactions and arrangements described in this Announcement and will not regard any other person (whether or not a recipient of this Announcement) as a client in relation to the transactions and arrangements described in this Announcement. Neither Numis nor its partners, directors, officers, employees, advisers, consultants, affiliates or agents are responsible to anyone other than the Company for providing the protections afforded to clients of Numis or for providing advice in connection with the contents of this Announcement or for any other matters referred to herein.

Neither the content of the Company's website (or any other website) nor the content of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into or forms part of this Announcement.

For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this Announcement is being made on behalf of the Company by John Nichols, Chief Executive.