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DIRECTOR'S SHARE SALE AND CORRECTION TO RNS

Date : 05/18/2012 @ 7:02AM
Source : UK Regulatory (RNS & others)
Stock : H&T Group (HAT)
Quote : 154.0  -2.5 (-1.60%) @ 11:35AM
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DIRECTOR'S SHARE SALE AND CORRECTION TO RNS

TIDMHAT

RNS Number : 6660D

H&T Group PLC

18 May 2012

18 MAY 2012

H&T GROUP PLC

DIRECTOR'S SHARE SALE AND CORRECTION TO RNS OF 11 MAY 2012

H&T Group plc (the "Company") announced on 11 May 2012 that Alex Maby, a director of the Company, had exercised 77,320 share options over new ordinary shares of 5p each ("Share Options") and subsequently sold 67,320 ordinary shares of 5p each ("Ordinary Shares") to satisfy associated tax obligations and option exercise costs. The correct number of Share Options exercised was 77,318 and the correct number of Ordinary Shares sold was 67,318.

The Company has received notification today that the sale of 67,318 Ordinary Shares by Mr. Alex Maby, as announced by the Company on 11 May 2012 and corrected by this announcement, was executed on 17 May 2012 at a price of 281p per Ordinary Share.

Mr. Maby holds 10,000 Ordinary Shares representing 0.03 per cent. of the Company's Ordinary Shares in issue.

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        Tel: 020 7665 4500 
  (Nominated adviser) 
 Lawrence Guthrie / Sunil Duggal 
 
 Numis Securities (Broker)                  Tel: 020 7260 1000 
 Mark Lander 
 
 Pelham Bell Pottinger (Public relations)   Tel: 020 7861 3923 
 Polly Fergusson 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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