Personal Group Holdings PLC Directors purchase of shares (0519D)

TIDMPGH

RNS Number : 0519D

Personal Group Holdings PLC

01 July 2016

 
 Press Release   1 July 2016 
 

Personal Group Holdings plc

("the Company")

Directors purchase of shares

Personal Group Holdings Plc operates an Inland Revenue approved All Employee Share Ownership Plan (AESOP) which allows employees and directors the opportunity to purchase shares in the Company currently held by Personal Group Trustees Limited.

The twenty ninth allocation period ended on 30 June 2016 and the following directors have been allocated shares as follows:

   Director                       Price                Shares                        Total number of 
                                                               Allocated         shares held at                         % 
                                                                                             1 July 2016                        Holding 

Mr M Scanlon 490.00p 200 28,179 0.092

Mr K Rooney 490.00p 227 2,253 0.007

Mr M Dugdale 490.00p 209 53,755* 0.176

*This figure includes Mr Dugdale's wife's holding of 2,986 ordinary shares.

Under the Rules of the AESOP, the share price at which the shares are allocated is the lower of the mid-market value at the start and end of the relevant accumulation period.

-ENDS-

For more information please contact:

 
 Personal Group Holdings 
  Plc 
 Mike Dugdale - Chief 
  Financial Officer         [phone] 
 
 
 Cenkos Securities Plc 
 Max Hartley / Stephen 
  Keys (Nomad)            [phone] 
 Russell Kerr (Sales) 
 

Media enquiries:

 
 Abchurch Communications 
 Alex Shaw / Nessyah 
  Hart                               [phone] 
 [e-mail]    www.abchurch-group.com 
 

Notes to Editors

With over 30 years' experience of looking after its customers' employees, Personal Group Holdings Plc (AIM: PGH) is a leading provider of employee benefits and employee related insurance products, offering benefits programmes to over 2 million employees across the UK.

Personal Group's innovative approach to using technology to deliver its programmes, combined with its face-to-face method of communicating with employees, makes its offering compelling to blue chip clients across the UK as a way of attracting, retaining and motivating employees. The Group tailors its packages to include insurance products such as hospital and convalescence plans, death benefit and income protection plans, as well as lifestyle benefits such as holiday and retail discounts, health and wellbeing benefits and a range of tax efficient benefits.

Personal Group can also supply home technology via salary sacrifice through its subsidiary Let's Connect. Offering the latest iPads and other tablets, home computers and laptops, smart phones and smart TVs is a highly engaging benefit from which both the employer and employee can profit. In April 2015 the Group established its own Mobile Virtual Network Operator (MVNO) called Personal Group Mobile Ltd. which was achieved through the acquisition of the assets of shebang Technologies Ltd. This means that home technology, including handsets and airtime, can be provided via salary sacrifice with a reduction of c10-47% on costs to its client's employees.

Personal Group has a strong client base across a range of sectors including transport, where it works with the likes of Network Rail, Stagecoach and EYMS Group Ltd, and healthcare, where clients include Four Seasons Health Care, Priory Group and Spire Healthcare. The Group also covers logistics, with companies such as TNT Express and Bibby, and motoring with Manheim and JCT600 as clients. In addition the Group also has a strong presence in food manufacturing and service and clients include 2 Sisters Food Group and Young's Seafood.

With over 520 clients the Group has grown considerably and provides engaging and effective benefits packages across a breadth of sectors.

For further information, go to www.personal-group.com.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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July 01, 2016 11:45 ET (15:45 GMT)