Personal Group Holdings PLC PDMR purchase of shares (1065E)

TIDMPGH

RNS Number : 1065E

Personal Group Holdings PLC

02 July 2019

 
 Press Release   2 July 2019 
 

Personal Group Holdings plc

("the Company")

PDMR purchase of shares

Personal Group Holdings Plc operates an Inland Revenue approved Employee Share Ownership Plan which allows employees and directors the opportunity to purchase ordinary shares of 5p each in the Company ("Shares") currently held by Personal Group Trustees Limited.

The thirty fifth allocation period ended on 30 June 2019 and the following PDMRs have acquired Shares on 1 July 2019 as follows:

 
 Director        Price paid   Shares purchased   Total number             % of Company's 
                  per Share                       of ordinary              issued share 
                                                  shares held              capital 
                                                  following transaction 
 Mr K Rooney     445.00p      268                2,698                    0.009 
                -----------  -----------------  -----------------------  --------------- 
 Mr M Dugdale    445.00p      78                 40,185*                  0.129 
                -----------  -----------------  -----------------------  --------------- 
 Ms D Frost      445.00p      22                 300,020                  0.961 
                -----------  -----------------  -----------------------  --------------- 
 Mr A Doody      445.00p      23                 875                      0.003 
                -----------  -----------------  -----------------------  --------------- 
 Mr A Lothian    445.00p      15                 38,092**                 0.122 
                -----------  -----------------  -----------------------  --------------- 
 Mrs S Mace      445.00p      51                 1,944                    0.006 
                -----------  -----------------  -----------------------  --------------- 
 

* This figure includes Mr Dugdale's wife's holding of 18,069 ordinary shares.

** This figure includes Mr Lothian's wife's holding of 17,570 ordinary shares.

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

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
 a)   Name                        1. Ken Rooney 
                                   2. Mike Dugdale 
                                   3. Deborah Frost 
                                   4. Ashley Doody 
                                   5. Andrew Lothian 
                                   6. Sarah Mace 
     --------------------------  ------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------- 
 a)   Position/status             1. Ken Rooney - Director/ PDMR 
                                   2. Mike Dugdale - Director/ PDMR 
                                   3. Deborah Frost - Director / PDMR 
                                   4. Ashley Doody - PDMR 
                                   5. Andrew Lothian - Director / PDMR 
                                   6. Sarah Mace - PDMR 
     --------------------------  ------------------------------------------- 
 b)   Initial notification        Initial 
       /Amendment 
     --------------------------  ------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ----------------------------------------------------------------------- 
 a)   Name                        Personal Group Holdings Plc 
     --------------------------  ------------------------------------------- 
 b)   LEI                         213800TN8BH2YYWAH345 
     --------------------------  ------------------------------------------- 
 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 the          Ordinary shares of 5p each 
       financial instrument, 
       type of instrument 
                                   ISIN: GB0002760279 
       Identification code 
     --------------------------  ------------------------------------------- 
 b)   Nature of the transaction   Purchase of shares pursuant to Personal 
                                   Group Share Investment Plan 
     --------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)       Director/PDMR       Price(s)   Volume(s) 
                                    1. K Rooney         445.00p    268 
                                     2. M Dugdale        445.00p    78 
                                     3. D Rees-Frost     445.00p    22 
                                     4. A Doody          445.00p    23 
                                     5. A Lothian        445.00p    15 
                                     6. S Mace           445.00p    51 
                                                       ---------  ---------- 
     --------------------------  ------------------------------------------- 
 d)   Aggregated information 
 
       - Aggregated volume          457 shares 
 
 
       - Price                      GBP4.45 per share 
     --------------------------  ------------------------------------------- 
 e)   Date of the transaction     1 July 2019 
     --------------------------  ------------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
     --------------------------  ------------------------------------------- 
 

-ENDS-

For more information please contact:

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

Media enquiries:

 
 Hudson Sandler 
 Nick Lyon / Lucy Wollam            [phone] 
 [e-mail] 
 

Notes to Editors:

Personal Group Holdings Plc (AIM: PGH) is a technology enabled employee services business, working with employers to drive productivity though better employee engagement and a more motivated workforce. With over 30 years' experience, the Company provides employee benefits and services to over 2 million employees across the UK.

Personal Group's offer comprises in-house services including employee insurance products (hospital, convalescence plans and death benefit), the provision of home technology via salary sacrifice (iPads, computers, laptops, smart phones and smart TVs). Third party services include retail discounts, e-payslips, employee assistance programmes, wellbeing programmes and salary sacrifice cars and bikes.

The offer is provided via the Company's proprietary technology platform, Hapi. The platform is intuitive, designed primarily for app deployment and also accessible via web and tablet, driving better engagement, communication and value recognition. Hapi is flexible and can quickly integrate additional services, such as existing employee services and partner platforms. Hapi is a digital Saas product.

Through technology and select acquisitions, the Company has grown its addressable market from 6m to over 27m UK employees; including 15.6m SME employees targeted via its partnership with Sage, the UK's largest software company.

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 offer compelling to blue chip clients across the UK as a way of attracting, retaining and motivating employees. The acquisition of Innecto in February 2019 allows Personal Group to engage with clients earlier in their thinking around Pay and Reward, and to interact with a new base of blue-chip and fast growth clients typically at HR Director and CEO level.

Personal Group has a strong client base across a range of sectors including passenger transport, healthcare, logistics and food manufacturing. Clients include: Stagecoach, Four Seasons Health Care, Priory Group, Spire Healthcare, Bibby, 2 Sisters Food Group and Young's Seafood.

For further information, please see www.personalgroup.com

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END

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July 02, 2019 02:00 ET (06:00 GMT)