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H&T Group says Richard Withers has joined its board as chief financial officer with immediate effect

Withers joined the group in 2018 and has fulfilled the role of interim finance director with great ability, leading to his permanent appointment

H&T GROUP PLC -
H&T also announced that Martin Pugh will not be continuing as an executive director

H&T GROUP PLC (LON:HAT), the UK's leading pawnbroker, has announced that Richard Withers will be joining its board as chief financial officer with immediate effect.

In a statement, the company noted that Withers joined the group in 2018 and has fulfilled the role of interim finance director with great ability, leading to his permanent appointment.

READ: H&T Group reviewing its high-cost short-term credit policies

Prior to taking the interim role, he was finance director of The Money Shop and has held numerous directorships in other related companies for the past 15 years.  He was also a key member of management in H&T's recent acquisitions process.

The company also announced that Martin Pugh will not be continuing as an executive director of H&T, and he will resign from the board, also with immediate effect.

It said: “While he (Pugh) was only with the Group for a short period of time we are grateful for the insights he has provided.“

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Price: 359 GBX

LSE:HAT
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Market Cap: £142.65 m
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Capital Network's Ed Stacey suspects buying opportunity at H&T Group Plc

capital Network analyst Ed Stacey looks through H&T Group PLC's (LON:HAT) interim numbers. The pawnbroking firm's continued to achieve growth from all of its core revenue streams in the first half of 2018. ''The numbers were strong - 11% PBT growth - that's come from all of the...

on 15/8/18

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