HIG Hertford

 
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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