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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Hertford | LSE:HIG | London | Ordinary Share | GB00B29KF658 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMHIG 13 May 2009 Hertford International Group PLC ("Hertford" or "the Company") The company announces that on 11 May 2009, Adam Dougall, Chief Financial Officer was granted 500,000 Share Options ("Options") under the Company's Share Option scheme. The exercise price is 15p with half vesting after one year and the remainder after year two. Following the above transaction Adam Dougall has an interest in 100,000 shares, representing approximately 0.2% of the issued share capital of the Company, and holds options over 500,000 shares. The percentages shown above are based on the Company's issued share capital of 48,442,000 Shares. -ends- For further information please visit www.higplc.com or contact: Hertford International Group Plc Paul Marks - Non-Executive Chairman Tel: +44 (0) 20 3178 4440 Lewis Findlay - Chief Executive Arbuthnot Securities Katie Shelton Tel: +44 (0) 207 012 2000 Nick Tulloch Notes to Editors: Hertford was admitted to the AIM market in December 2007 with a strategy to provide financial services to primarily those people who are not able to access a traditional bank account (the "unbanked"). Hertford owns 100 per cent. of CrewCard Network ("CCN"), a marketer of prepaid debit card programmes targeted at a number of high growth niche markets, including those people without a bank account. CCN's business model is to develop several complementary brands, develop its own distribution network, and build an ongoing relationship with its card users, which will enable it to sell additional products and services. As part of this strategy, Hertford completed the acquisition of Cheque Exchange Ltd ("CEL") from Provident Financial Plc in January 2009. CEL is the super agent for MoneyGram and is a profitable cheque cashing and money remittance business. This acquisition provided Hertford with an established operational infrastructure, a sales force, and positive cash-flow on which to grow the business and fulfil the vision of Hertford. =--END OF MESSAGE--- This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
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