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Store Acquisition

21st Nov 2008 09:05

RNS Number : 6544I
H&T Group PLC
21 November 2008
 



H&T Group plc

21 November 2008

Store Acquisition

H&T Group plc ("H&T" or the "Group"), the UK's leading pawnbroking business by size of pledge book, is pleased to announce that it has completed the acquisition of the trade and assets of James Hempseed and Son, an independent pawnbroker and jeweller located in Glasgow. This acquisition strengthens H&T's presence in Scotland where the Group now trades from 17 stores.

Following this acquisition, H&T now operates from 103 outlets throughout the UK. Two Greenfield stores are scheduled to open by the end of November 2008, taking the total number of stores in the Group to 105, from 89 at the beginning of 2008. This represents a record number of stores added in a year for the Group.

For further information, please contact:

H&T Group plc

Tel: 0870 9022 600

John Nichols, Chief Executive

Laurent Genthialon, Finance Director

 

Hawkpoint Partners Limited

Tel: 020 7665 4500

Lawrence Guthrie

Sunil Duggal

 

Pelham PR

Tel: 020 7743 6362

Polly Fergusson

 

Minette du Plessis

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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