Personal Group Holdings PLC Issue of Options under the LTIP (0331B)
January 04 2018 - 12:03PM
UK Regulatory
TIDMPGH
RNS Number : 0331B
Personal Group Holdings PLC
04 January 2018
Press Release 4 January 2018
Personal Group Holdings plc
("Personal Group", the "Company" or the "Group")
Issue of Options under the LTIP
Personal Group Holdings Plc (AIM: PGH), a leading provider of
employee benefits, employee related insurance products and
financial services in the UK, announces the issue of share options
in relation to the Company's Long Term Incentive Plan ("LTIP").
As announced on 18 December 2012, the Company stated that it had
implemented an LTIP to reward directors and certain other senior
employees in a way that aligns the interests of LTIP participants
with the interests of shareholders, as well as with the Group's
long-term strategic plan. Details of this are disclosed in the
Group's interim statement for the period ended 30 June 2017.
The Company has awarded Mike Dugdale, the Company's Chief
Financial Officer, an option over 46,351 Ordinary Shares under the
Company's LTIP which can be exercised in the next year at an
exercise value of nil. The award was subject to the achievement of
certain performance conditions in relation to the increase in the
market capitalisation of the Company.
The above does not change Mike Dugdale's shareholding and so he
retains an interest in 67,654 ordinary shares of 5p each, including
his wife's holding of 13,490 shares, representing 0.220% of the
issued ordinary share capital of the Company.
1 Details of the person discharging managerial
responsibilities / person closely associated
--- ----------------------------------------------------------
a) Name Mike Dugdale
--- ------------------------- -------------------------------
2 Reason for the notification
--- ----------------------------------------------------------
a) Position/status Chief Financial Officer
--- ------------------------- -------------------------------
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 Options over ordinary shares
the financial of 5p each
instrument, type
of instrument
ISIN: GB0002760279
Identification
code
--- ------------------------- -------------------------------
b) Nature of the Grant of options over ordinary
transaction shares
--- ------------------------- -------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
---------- ----------
Nil 46,351
---------- ----------
--- ------------------------- -------------------------------
d) Aggregated information
- Aggregated volume
N/A -single transactions
- Price
--- ------------------------- -------------------------------
e) Date of the transaction 2 January 2018
--- ------------------------- -------------------------------
f) Place of the transaction Outside a trading venue
--- ------------------------- -------------------------------
ENDS -
For more information please contact:
Personal Group Holdings
Plc
Mark Scanlon / Mike Dugdale +44 (0)1908 605 000
Philip Dennis +44 (0)7947
(IR) Philip.Dennis@personalgroup.com 868 206
Cenkos Securities Plc
Max Hartley / Stephen
Keys (Nomad) +44 (0)20 7397 8900
Russell Kerr (Sales)
Media enquiries:
Hudson Sandler
Nick Lyon / Sophie Lister/
Lucy Wollam +44 (0)207796 4133
www.personalgroup@hudsonsandler.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 has a unique approach to delivering employee
engagement, by combining technology with its face-to-face method of
communicating with employees. This approach assists clients with
the attraction, retention and motivation of their employees.
Included in this approach is the delivery of a range of insurance
products and services including hospital and convalescence plans,
death benefit and income protection, in addition to lifestyle
benefits including High Street savings and discounts, retail
offers, travel and holiday promotions and health and wellbeing
services.
Hapi, Personal Group's leading edge Employee Services platform
allows clients to build bespoke engagement, benefit and
communications programmes, which are made available to employees
through both websites and mobile apps. This platform allows for a
broader range of services, including holiday booking, electronic
payslips, reward and recognition and Employee Assistance programmes
to be accessed by employees in a simple and effective
interface.
The Group also supplies clients with home technology and
smartphone handsets via salary reduction schemes, offering the
latest computers, laptops, tablets, smartphones and other home
technology products through Lets Connect.
Personal Group has a strong client base across a wide range of
sectors, with particular expertise in transport, logistics,
domiciliary care, motor, retail, food production and manufacturing.
Over 520 clients, including Network Rail, DHL, JCT600, Four
Seasons, Two Sisters and Stagecoach, work with Personal Group in
delivering effective benefits, engagement and communications
programmes.
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
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