Prime People PLC Transaction in Own Shares (2536L)

TIDMPRP

RNS Number : 2536L

Prime People PLC

04 September 2019

4 September 2019

Prime People plc

("Prime People" or the "Company")

Transaction in own shares

Prime People (AIM: PRP) announces that it has purchased 19,000 ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") in the market at a price of 85 pence per Ordinary Share, under the authority granted by shareholders at the AGM held on 24 July 2019.

The Ordinary Shares acquired will be held in treasury in order to satisfy obligations arising from share incentive arrangements with employees of the Company.

 
 Date of purchase:                                 4 September 
                                                    2019 
 Aggregate number of ordinary shares purchased:    19,000 
 Lowest price paid per share:                      85.00 pence 
 Highest price paid per share:                     85.00 pence 
 Volume weighted average price paid per share:     N/A 
 

The number of ordinary shares in issue is 12,290,199 (including treasury shares) and following the purchase of the Ordinary Shares, the Company will hold 186,176 ordinary shares in treasury. Therefore, the total number of Ordinary Shares with voting rights in Prime People is 12,104,023, 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.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the table below contains detailed information of the individual trades made by Ravenscroft Limited.

Individual transactions:

 
 Number of shares   Transaction price    Time of transaction   Trading venue 
  purchased          (pence per share) 
 19,000             85.00                10:19:56              London Stock Exchange 
                   -------------------  --------------------  ---------------------- 
 

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

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 
 

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September 04, 2019 11:10 ET (15:10 GMT)