Personal Group Holdings PLC Directors purchase of shares (0519D)
July 01 2016 - 10:45AM
UK Regulatory
TIDMPGH
RNS Number : 0519D
Personal Group Holdings PLC
01 July 2016
Press Release 1 July 2016
Personal Group Holdings plc
("the Company")
Directors purchase of shares
Personal Group Holdings Plc operates an Inland Revenue approved
All Employee Share Ownership Plan (AESOP) which allows employees
and directors the opportunity to purchase shares in the Company
currently held by Personal Group Trustees Limited.
The twenty ninth allocation period ended on 30 June 2016 and the
following directors have been allocated shares as follows:
Director Price Shares Total number of
Allocated shares held at %
1 July 2016 Holding
Mr M Scanlon 490.00p 200 28,179 0.092
Mr K Rooney 490.00p 227 2,253 0.007
Mr M Dugdale 490.00p 209 53,755* 0.176
*This figure includes Mr Dugdale's wife's holding of 2,986
ordinary shares.
Under the Rules of the AESOP, the share price at which the
shares are allocated is the lower of the mid-market value at the
start and end of the relevant accumulation period.
-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
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July 01, 2016 11:45 ET (15:45 GMT)