Personal Group Holdings PLC PDMR Dealing and Issue of Equity (3305D)
05 July 2016 - 5:15PM
UK Regulatory
TIDMPGH
RNS Number : 3305D
Personal Group Holdings PLC
05 July 2016
Press Release 5 July 2016
Personal Group Holdings plc
("Personal Group", the "Company" or the "Group")
PDMR Dealing and Issue of Equity
Personal Group Holdings Plc (AIM: PGH), a leading provider of
employee benefits, employee related insurance products and
financial services in the UK, announces that Ashley Doody, Chief
Information Officer, exercised options over 26,334 Ordinary Shares
in the Company at a price of nil pence per share. These options had
been granted under the Company's Long Term Incentive Plan. These
shares were immediately sold at GBP5.01 per Ordinary Share.
Following this transaction, Ashley Doody has an interest of 740
Ordinary Shares, representing 0.002% of the issued ordinary share
capital of the Company.
The Company has allotted a total of 26,334 new Ordinary Shares
of 5p each ("New Shares") in connection with the above exercise.
Application will be made for the New Shares to be admitted to
trading on AIM ("Admission") and it is expected that Admission will
take place on 11 July 2016.
Following Admission, the Company will have 30,572,750 Ordinary
Shares in issue admitted to trading on AIM.
The below notification made in accordance with the requirements
of the EU Market Abuse Regulation, provides further detail.
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 Ashley Doody
--- -------------------------- -------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------
a) Position/status Chief Information Officer
--- -------------------------- -------------------------------------
b) Initial notification Initial notification
/Amendment
--- -------------------------- -------------------------------------
3 Details of the issuer, emission allowance market
participant, auction platform, auctioneer or auction
monitor
--- -----------------------------------------------------------------
a) Name Personal Group Holdings Plc
--- -------------------------- -------------------------------------
b) LEI (Pending)
--- -------------------------- -------------------------------------
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 in
financial instrument, Personal Group Holdings plc
type of instrument
Identification code Identification code for Personal
Group Holdings Plc ordinary shares:
GB0002760279
--- -------------------------- -------------------------------------
b) Nature of the transaction Exercise of options granted under
the Personal Group Holdings PLC
Long Term Incentive Plan and
subsequent sale of those ordinary
shares issued in connection with
that exercise
--- -------------------------- -------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------- ----------------
Nil 26,334 options
exercised
------------- ----------------
GBP5.01 each 26,334 ordinary
shares sold
------------- ----------------
--- -------------------------- -------------------------------------
d) Aggregated information N/A
- Aggregated volume
- Price
--- -------------------------- -------------------------------------
e) Date of the transaction 4 July 2016
--- -------------------------- -------------------------------------
f) Place of the transaction London Stock Exchange, AIM
--- -------------------------- -------------------------------------
- ENDS -
For more information please contact:
Personal Group Holdings
Plc
Mike Dugdale - Chief
Financial Officer +44 (0)1908 605 000
Cenkos Securities Plc
Max Hartley / Stephen
Keys (Nomad) +44 (0)20 7397 8900
Russell Kerr (Sales)
Media enquiries:
Abchurch Communications
Alex Shaw / Nessyah
Hart +44 (0)20 7398 7700
Personalgp@abchurch-group.com 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
MSCBLGDRIGGBGLU
(END) Dow Jones Newswires
July 05, 2016 12:15 ET (16:15 GMT)