Prime People PLC Transaction in Own Shares and PDMR Shareholding (0662Q)

TIDMPRP

RNS Number : 0662Q

Prime People PLC

14 February 2019

14 February 2019

Prime People plc

("Prime People" or the "Company")

Transaction in Own Shares and PDMR Shareholding

Prime People (AIM: PRP) announces today that it sold 75,000 ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") at a price of 74.00 pence per share. The Ordinary Shares were sold from treasury in order to satisfy obligations arising from partly paid share incentive arrangements with William Buck.

William Buck, a person discharging managerial responsibilities of the Company, today acquired 75,000 Ordinary Shares at a price of 74.00 pence per share. Following the transaction, Mr. Buck holds 112,500 Ordinary Shares, representing approximately 0.95 per cent of the Company's issued share capital.

Following the above transaction, the Company's issued share capital comprises 12,290,199 Ordinary Shares, of which a total of 420,676 Ordinary Shares are held in treasury. Therefore, the total number of Ordinary Shares with voting rights in Prime People is 11,869,523, which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.

For further information, please contact:

 
 
 Prime People                        020 7318 1785 
 Donka Zaneva-Todorinski, Finance 
  Director 
 
 
 Cenkos Securities plc               020 7397 8900 
 Katy Birkin/Harry Hargreaves 
 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 
 1     Details of the person discharging managerial responsibilities 
        / person closely associated 
 a)    Name                                      William Buck 
      ----------------------------------------  ------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------- 
 a)    Position/status                           Director of Macdonald and Company 
                                                  Pte. Limited 
      ----------------------------------------  ------------------------------------- 
 b)    Initial notification/Amendment            Initial Notification 
      ----------------------------------------  ------------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ------------------------------------------------------------------------------- 
 a)    Name                                      Prime People Plc 
      ----------------------------------------  ------------------------------------- 
 b)    LEI                                       213800IY9PFL1DOWHY26 
      ----------------------------------------  ------------------------------------- 
 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 financial              Ordinary Shares of 10p each 
        instrument, type of instrument 
      ----------------------------------------  ------------------------------------- 
       Identification code                       GB00B4ZG0R74 
      ----------------------------------------  ------------------------------------- 
 b)    Nature of the transaction                 Acquisition of Ordinary Shares 
      ----------------------------------------  ------------------------------------- 
 c)    Price(s) and volumes(s)                       Price(s)           Volume(s) 
      ----------------------------------------  ------------------  ----------------- 
                               GBP0.74                                    75,000 
  ----------------------------------------------------------------  ----------------- 
 d)    Aggregated information                    N/A single transaction 
      ----------------------------------------  ------------------------------------- 
  Aggregated volume                         N/A single transaction 
 ----------------------------------------  ------------------------------------------ 
  Price                                     N/A single transaction 
 ----------------------------------------  ------------------------------------------ 
 e)    Date of the transaction                   14 February 2019 
      ----------------------------------------  ------------------------------------- 
 f)    Place of the transaction                  Outside trading venue 
      ----------------------------------------  ------------------------------------- 
 

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February 14, 2019 10:24 ET (15:24 GMT)