18th 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.
For further information, please contact:
|
H&T Group plc John Nichols, Chief Executive Laurent Genthialon, Finance Director |
Tel: 0870 9022 600 |
|
Hawkpoint Partners Limited Lawrence Guthrie Sunil Duggal |
Tel: 020 7665 4500 |
Related Shares:
H&t Group Plc