RNS Number:3014S
Horizon Technology Group PLC
06 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).

                                            (ii)
3  Name of person discharging managerial 4  State whether notification relates to a person connected with a person
   responsibilities/director                discharging managerial responsibilities/director named in 3 and identify
                                            the connected person
   CATHAL O'CAOIMH
                                            N/A

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


   AS per 3


7  Name of registered shareholder(s)     8  State the nature of the transaction
   and, if more than one, number of
   shares held by each of them              FORFEITED 260,000 SHARE OPTIONS GRANTED UNDER HORIZON ESOP LIMITED ON 28
                                            NOVEMBER 2000
   N/A

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

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

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

15 Total holding following notification  16 Date issuer informed of transaction
   and total percentage holding
   following notification (any treasury     05 OCTOBER 2005
   shares should not be taken into
   account when calculating percentage)

   1,770,000 SHARE OPTIONS REMAINING



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
                              N/A
                                                                        N/A

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

                              N/A                                       N/A

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

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

                                                                        COLETTE MURPHY

                                                                        00 353 21 452 1019







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

____GARY COBURN ________________________________________________

Date of notification ___06 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.



(5)                                      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.



(6)                                      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.



(7)                                      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.



(8)                                      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).

                                            (ii) and also pursuant to UKLA DR 3.1.4 (R)(1)(b)
3  Name of person discharging managerial 4  State whether notification relates to a person connected with a person
   responsibilities/director                discharging managerial responsibilities/director named in 3 and identify
                                            the connected person
   GARY COBURN
                                            N/A

5  Indicate whether the notification is  6  Description of shares (including class) debentures or derivatives or
   in respect of a holding of the person    financial instruments relating to shares
   referred to in 3 or 4 above or in
   respect of a non-beneficial interest     (A)    125,000 ORDINARY SHARES OF EURO 0.07 EACH

                                            (B)    125,000 ORDINARY SHARES OF EURO 0.07 EACH
   AS per 3


7  Name of registered shareholder(s)     8  State the nature of the transaction
   and, if more than one, number of
   shares held by each of them              (A)    EXERCISE OF SHARE OPTIONS UNDER 1999 SHARE OPTION SCHEME

   GARY COBURN                              (B)    EXERCISE OF SHARE OPTIONS UNDER HORIZON ESOP LIMITED


9  Number of shares, debentures or       10 Percentage of issued class acquired (treasury shares of that class
   financial instruments relating to        should not be taken into account when calculating  percentage)
   shares acquired
                                            (A)    0.17%
   (A)       125,00 ORDINARY SHARES OF
   EURO 0.07 EACH                           (B)    0.17%

   (B)        125,000 ORDINARY SHARES OF
   EURO 0.07 EACH
11 Number of shares, debentures or       12 Percentage of issued class disposed (treasury shares of that class
   financial instruments relating to        should not be taken into account when calculating  percentage)
   shares disposed
                                            N/A
   N/A

13 Price per share or value of           14 Date and place of transaction
   transaction
                                            (A)    28 SEPTEMBER 2005
   (A)    EURO 0.21 EACH
                                            (B)    28 SEPTEMBER 2005
   (B)    EURO 0.28 EACH
15 Total holding following notification  16 Date issuer informed of transaction
   and total percentage holding
   following notification (any treasury     (A)    05 OCTOBER 2005
   shares should not be taken into
   account when calculating percentage)     (B)    05 OCTOBER 2005

   295,000 ORDINARY SHARES

   0.4%



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  20  Description of shares or debentures involved
                              of the option                             (class and number)
21                            Exercise price (if fixed at time of   22  Total number of shares or debentures over
                              grant) or indication that the price       which options are held following
                              is to be fixed at the time of             notification
                              exercise
23                            Any additional information            24  Name of contact and telephone number for
                                                                        queries

                                                                        COLETTE MURPHY

                                                                        00 353 21 452 1019







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

____CATHAL O'CAOIMH ________________________________________________

Date of notification ___06 OCTOBER 2005________________________________





This announcement has been issued through the Companies Announcement Service of

                           the Irish Stock Exchange.






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

ISEILFLLILLRIIE

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