HOR Horizon Tech.

RNS Number:0570T
Horizon Technology Group PLC
24 October 2005

                                  SCHEDULE 11

    Notification of Transactions of Directors/Persons Discharging Managerial
                      Responsibility and Connected Persons

This form is intended for use by an issuer to make a RIS notification required
by the Market Abuse Rules and section 53 (as extended by section 64 of the
Companies Act 1990) or entered into the issuer's register in accordance with
section 59 of the Companies Act 1990.
      
 1.   An issuer making a notification in respect of a transaction relating to
      the shares or debentures of the issuer should complete boxes 1 to 16, 23 
      and 24.

 2.   An issuer making a notification in respect of a derivative relating to
      the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 
      23 and 24.

 3.   An issuer making a notification in respect of options granted to a
      director/person discharging managerial responsibilities should complete
      boxes 1 to 3 and 17 to 24.

 4.   An issuer making a notification in respect of a financial instrument
      relating to the shares of the issuer (other than a debenture) should
      complete the boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.


All relevant boxes should be completed in block capital letters

                                                     
1    Name of the Issuer                             2    State whether the notification relates to:

     HORIZON TECHNOLOGY GROUP PLC                        (i)   a transaction notified in accordance 
                                                               with Market Abuse Rules;
                                                          
                                                         (ii)  a disclosure made in accordance with section 
                                                               53 (as extended by section 64 of the Companies 
                                                               Act 1990) or entered into the issuer's register
                                                               in accordance with section 59 of the Companies 
                                                               Act 1990; or

                                                         (iii) both (i) and (ii).

                                                               (iii)

3    Name of person discharging managerial          4    State whether notification relates to a person connected 
     responsibilities/director                           with a person discharging managerial responsibilities/
                                                         director named in 3 and identify the connected person

     GARY COBURN                                         N/A

5    Indicate whether the notification is in        6    Description of shares (including class) debentures 
     respect of a holding of the person referred         or derivatives or financial instruments relating to shares
     to in 3 or 4 above or in respect of a 
     non-beneficial interest 

     AS per 3                                            245,000 ORDINARY SHARES OF EURO 0.07 EACH

7    Name of registered shareholder(s) and, if      8    State the nature of the transaction
     more than one, number of shares held by 
     each of them

     GARY COBURN                                         SALE OF SHARES

9    Number of shares, debentures or financial      10   Percentage of issued class acquired (treasury 
     instruments relating to shares acquired             shares of that class should not be taken into 
                                                         account when calculating percentage)

     N/A                                                 N/A

11   Number of shares, debentures or financial      12   Percentage of issued class disposed (treasury 
     instruments relating to shares disposed             shares of that class should not be taken into 
                                                         account when calculating percentage)

     245,000 ORDINARY SHARES OF EURO 0.07 EACH           0.33%


13   Price per share or value of transaction        14   Date and place of transaction

     EURO 0.95 EACH                                      20 OCTOBER 2005

15   Total holding following notification and       16   Date issuer informed of transaction
     total percentage holding following 
     notification (any treasury shares should 
     not be taken into account when calculating 
     percentage)

     NO ORDINARY SHARES REMAINING                        24 OCTOBER 2005


If a person discharging managerial responsibilities has been granted options by
the issuer, complete the following boxes:

     
17   Date of grant                                  18   Period during which or date on which it can be exercised

     
19   Total amount paid (if any) for grant of        20   Description of shares or debentures involved   
     the option                                          (class and number) 


21   Exercise price (if fixed at time of grant)     22   Total number of shares or debentures over 
     or indication that the price is to be               which options are held following notification  
     fixed at the time of exercise


23   Any additional information                     24   Name of contact and telephone number for queries

                                                         JOHN CONNOLLY
                                                         00 353 1 620 4900

Name and signature of duly designated officer of issuer responsible for making
notification

____CATHAL O'CAOIMH ________________________________________________


Date of notification ___24 OCTOBER 2005________________________________



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