Prime People PLC Director/PDMR Shareholding (8705Q)

TIDMPRP

RNS Number : 8705Q

Prime People PLC

02 December 2016

2 December 2016

This announcement contains inside information

Prime People plc

("Prime People" or the "Company")

Notification of transaction by persons discharging managerial responsibilities

The Company was notified on 01 December 2016 that John Lewis (Non-Executive Director) had, that day, sold 27,450 ordinary shares of GBP0.10 each in the capital of the Company at 91 pence per share from Blakeney Holdings Ltd, a company in which he holds a controlling interest, to Blakeney Holdings Ltd Pension Scheme - his pension fund. Following the transaction Mr Lewis' notifiable holding remains unchanged at 1,062,000 shares in the Company, representing approximately 8.65% of the total ordinary share in issue.

The notification below, made in accordance with the requirements of the Market Abuse Regulation, provides further detail.

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  ------------------------------------------------------------ 
 a)   Name                       John Lewis 
---  -------------------------  --------------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------------ 
 a)   Position/status            Non- Executive Director 
---  -------------------------  --------------------------------- 
 b)   Initial notification       Initial Notification 
       /Amendment 
---  -------------------------  --------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ------------------------------------------------------------ 
 a)   Name                       Prime People Plc 
---  -------------------------  --------------------------------- 
 b)   LEI 
---  -------------------------  --------------------------------- 
 4    Details of the transaction(s): section to 
       be repeated for (i) each type of instrument; 
       (ii) each type of transaction; (iii) each 
       date; and (iv) each place where transactions 
       have been conducted 
---  ------------------------------------------------------------ 
 a)   Description of             Ordinary shares of GBP0.10 
       the financial              each 
       instrument, type 
       of instrument 
                                  GB00B4ZG0R74 
       Identification 
       code 
---  -------------------------  --------------------------------- 
 b)   Nature of the              Sale and acquisition of ordinary 
       transaction                shares of GBP0.10 each 
---  -------------------------  --------------------------------- 
 c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                   ----------  ---------- 
 
                                     GBP0.91     27,450 
                                   ----------  ---------- 
---  -------------------------  --------------------------------- 
 d)   Aggregated information 
 
 
       - Aggregated volume         27,450 
 
 
       - Price                     GBP24,979.50 
---  -------------------------  --------------------------------- 
 e)   Date of the transaction    2016-12-01 
---  -------------------------  --------------------------------- 
 f)   Place of the transaction   outside a trading venue 
---  -------------------------  --------------------------------- 
 

For further information, please contact:

 
 
                             020 7318 
 Prime People                 1785 
 Donka Zaneva-Todorinski, 
  Finance Director 
 
 
                             020 7397 
 Cenkos Securities plc        8900 
 Elizabeth Bowman, Ivonne 
  Cantu 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 02, 2016 11:06 ET (16:06 GMT)