After the market closed H & T (LON:HAT) announced the acquisition of 113 pledge books from Albemarle and Bond (Speedloan Fiance Ltd) for £8m funded from cash and existing bank facilities. The acquisition is scheduled to complete on 7th October.

The announcement further states that H & T (LON:HAT) "continues to trade well and ahead of the Boards expectations whilst also benefiting from the Group's expanded core pawnbroking and retail business and the recent increase in gold price." There is also positive comment alluding to recent acquisitions and their integration into the Group.

It will be interesting to see how the share price reacts tomorrow. One would also anticipate a positive read across to Ramsdens Holdings (LON:RFX), albeit its pawnbroking activities are smaller than H & T (LON:HAT), counterbalanced perhaps by growth in the retail business.

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