RNS Number : 4045F
Personal Group Holdings PLC
14 June 2012
Press Release 14 June 2012
Personal Group Holdings plc
The Company has been informed today by Kenneth Rooney, Deputy Chairman, that on 13 June 2012 he sold 148,763 ordinary shares of 5 pence each ("Ordinary Shares") at a price of 305 pence per Ordinary Share.
Following this transaction, Mr Rooney remains interested in 112,123 Ordinary Shares, representing 0.37% of the issued ordinary share capital of the Company.
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For more information please contact:
Personal Group Holdings Plc
John Barber, Financial Director +44 (0)1908 605 000
Cenkos Securities Plc
Stephen Keys +44 (0)20 7397 8926
Joanne Shears / Oliver Hibberd +44 (0)20 7398 7714
Notes to editors:
Personal Group Holdings Plc (AIM: PGH) is a leading provider of employee benefits and financial services, established in 1984 with clients across the UK.
The group primarily provides tailored employee benefits programmes to businesses throughout the UK. These programmes include insurance products such as hospital and convalescence plans; death benefit and income protection plans; lifestyle benefits such as holiday and retail discounts; flexible benefit programmes; a range of tax efficient benefits such as childcare vouchers; and employee assistance programmes. The group generates the majority of its revenue through the underwriting of hospital and convalescence plans.
Through its expertise in producing, communicating and implementing successful benefit solutions, the group has helped over 400 leading UK companies recruit, retain and motivate the best people. In total the group provides access to benefits for 1.2 million employees, and clients include 3663, Brake Bros, Home Retail Group, Northumbrian Water Limited, Pirelli, Starwood Hotels, TNT, UK Mail, Regatta, Road Chef and Vinci Construction.
The group boasts considerable financial strength, with a track record of profitable growth since 1986, as well as a strong pipeline of new business. For the year ended 31 December 2011 the group reported revenue of GBP27.5 million and profit before tax of GBP10.0 million. With a strong balance sheet and a progressive dividend policy, Personal Group's vision is to be the provider of choice in employee benefits and financial services. The group's development to date has been achieved principally through strong organic growth.
Personal Group is headquartered in Milton Keynes, was floated on AIM in 2000 and today employs over 160 people.
For further information, go to www.personal-group.com
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