Director/PDMR Shareholding - Replacement

RNS Number : 4799O

Prime People PLC

19 September 2011

 



Prime People plc

("Prime People" or the "Company")

The following amendment has been made to the Director's Dealing, Exercise of Options and Transaction in Own Shares announcement released on 14 September 2011 at 15:56pm under RNS No 25440.

 

The Company has transferred 59,234 ordinary shares of 10p from its treasury account and purchased these shares rather than the 56,734 incorrectly stated in the announcement.

 

All other details remain unchanged.

 

The full amended text is shown below.

 

Prime People plc

("Prime People" or the "Company")

Directors Dealing, Exercise of Options and Transaction in Own Shares

14 September 2011

Further to the announcement of 13 September, Prime People confirms that on 14 September it issued 125,000 ordinary shares of 10p each in the company to Chris Heayberd, Finance Director.  The Company has also transferred 59,234 ordinary shares of 10p from its treasury account to satisfy 184,234 employee share options exercised by Mr Heayberd on 14 September under the terms of the Company's Enterprise Management Incentive Share Option Scheme.

Prime People further announces that it has purchased these 59,234 ordinary shares of 10p in the company from Chris Heayberd at a price of 68 pence per share. These shares are to be held in treasury. 

Mr Heayberd has also informed the company that he has today transferred 125,000 ordinary Shares for nil consideration to his spouse. There has been no change of beneficial ownership of the ordinary shares and Chris Heayberd's interest is unchanged following this transfer and stands at 324,000 ordinary Shares which represents approximately 2.7% of the Company's current issued share capital.

Following the transfer of shares out of treasury and share buyback the Company's issued ordinary share capital consists of 12,066,500  ordinary  shares of which a total of 77,000 ordinary shares are held in treasury. Therefore the total number of ordinary shares with voting rights in Prime People is  11,989,500  ordinary shares. 

The above figure of 11,989,500 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 FSA's Disclosure and Transparency Rules.

Prime People                        020 73181785

 Chris Heayberd, Finance Director

 Cenkos Securities plc         020 7397 8900

 Elizabeth Bowman

 

END

 

 

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