29 May 2012 17:02
29 May 2012
H&T GROUP PLC
DIRECTOR'S SHARE SALE
H&T Group plc (the "Group") has today received notification that Executive Directors of the Group (the "Directors" and each a "Director") have today sold 237,335 ordinary shares of 5 pence each ("Ordinary Shares").
Of the 237,335 Ordinary Shares being sold 190,000 Ordinary Shares are being sold by the Directors in order to meet personal tax obligations associated with vesting of Ordinary Shares under the Group's Long Term Incentive Plan ("LTIP"). The vesting of the awards under the LTIP was announced on 18 April 2012.
The Ordinary Share sale and remaining holding by Directors is as follows:
Director | Number of Ordinary Shares sold | Sale price per Ordinary Share | Remaining number of Ordinary Shares held | Percentage holding of Ordinary Shares in issue |
John Nichols | 79,000 | 250p | 1,066,050 | 2.92% |
Alex Maby | 87,925 | 250p | 10,000 | 0.03% |
Stephen Fenerty | 70,410 | 250p | 300,000 | 0.82% |
For further information, please contact:
H&T Group plc | Tel: 0870 9022 600 |
John Nichols, Chief Executive | |
Alex Maby, Finance Director | |
Canaccord Genuity Hawkpoint Limited (Nominated adviser) | Tel: 020 7665 4500 |
Lawrence Guthrie / Sunil Duggal | |
Numis Securities (Broker) | Tel: 020 7260 1000 |
Mark Lander | |
Pelham Bell Pottinger (Public relations) | Tel: 020 7861 3923 |
Polly Fergusson |
H&t Group Plc (HAT)