12th Jan 2010 16:53
H&T Group plc (the "Company") announces that it has issued today 2,462 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 80,428 nil cost ordinary share awards as announced on 5 May 2009 to Alex Maby under the H&T Long-Term Incentive Plan. The remaining 77,966 ordinary shares used to satisfy the award are already held by the trustee following the lapsing of the previous Finance Director's share award after his resignation on 20 March 2009.
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 18 January 2010. Following Admission of the New Ordinary Shares, the Company will have 35,405,820 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 Tel: 0870 9022 600
John Nichols, Chief Executive
Alex Maby, Finance Director
Hawkpoint Partners Limited Tel: 020 7665 4500
Lawrence Guthrie / Sunil Duggal
Numis Securities Limited Tel: 020 7776 1500
Mark Lander
Pelham PR Tel: 020 7743 6362
Polly Fergusson
Related Shares:
H&t Group Plc