Directors Dealings,Exercise of Options & Share Buy

RNS Number : 1923B

Prime People PLC

28 March 2013

 



Prime People plc

28 March 2013

Directors' Dealings 

Prime People plc (AIM:PRP) (the "Company") was informed Robert Macdonald, Chairman, transferred 800,000 ordinary Shares to his spouse for nil consideration. There has been no change of beneficial ownership of the ordinary shares and Mr Macdonald's interest is unchanged following this transfer and stands at 2,480,000 ordinary Shares which represents approximately 20.69% of the Company's current issued share capital.

Exercise of Options & Share Buy Back

Prime People plc (AIM:PRP) (the "Company") announces that on 28 March 2013 it transferred 7,000 ordinary shares of the Company from its treasury account to satisfy employee share options exercised within the terms of the Company's Enterprise Management Incentive Share Option Scheme.

The Company further announces that on 28 March 2013, under the authority granted by shareholders on 28 June 2011, it purchased 42,000 ordinary shares of the company at a price of 50 pence. These shares are to be held in treasury. 

Following the exercise of share options and the share buyback the Company's issued ordinary share capital consists of 12,066,500  ordinary  shares of which a total of 206,000 ordinary shares are held in treasury. Therefore the total number of ordinary shares with voting rights in Prime People is 11,860,500 ordinary shares. 

The above figure of 11,860,500 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.

For further information, please contact: 

Prime People	020 73181785
Chris Heayberd, Finance Director
Cenkos Securities plc	020 7397 8900
Ivonne Cantu

 

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