Exercise of Options and Transaction in Own Shares

RNS Number : 9695N

Prime People PLC

27 September 2019

 

27 September 2019

Prime People plc

("Prime People" or the "Company") 

Exercise of Options, PDMR Shareholding and Transaction in Own Shares

Prime People plc (AIM:PRP) announces that it today transferred a total of 100,000 ordinary shares of 10 pence each in the capital the Company ("Ordinary Shares") from its treasury account following the exercise of share options by William Glover, a person discharging managerial responsibilities, exercised at a price of 10 pence per Ordinary Share, within the terms of the Company's Enterprise Management Incentive Share Option Scheme.

William Glover today acquired 100,000 Ordinary Shares at a price of 10 pence per share. Following the transaction, Mr. Glover holds 478,672 Ordinary Shares, representing approximately 3.92 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 86,176 Ordinary Shares are held in treasury. Therefore, the total number of Ordinary Shares with voting rights in Prime People is 12,204,023, 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.

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 Robin Glover
2	Reason for the notification
a)	Position/status	Director of Macdonald and Company Property Limited and Macdonald and Company 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 instrument, type of instrument	Ordinary Shares of 10p each
	Identification code	GB00B4ZG0R74
b)	Nature of the transaction	Acquisition of Ordinary Shares following exercise of options under the Company's Enterprise Management Incentive Share Option Scheme
c)	Price(s) and volumes(s)	Price(s)	Volume(s)
		£0.10	100,000
d)	Aggregated information	N/A single transaction
	Aggregated volume	N/A single transaction
	Price	N/A single transaction
e)	Date of the transaction	27 September 2019
f)	Place of the transaction	Outside trading venue

 

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