Director/PDMR Shareholding

RNS Number : 2667J

Personal Group Holdings PLC

27 June 2017

 

Press Release

27 June 2017

Personal Group Holdings Plc

("the Company" or "the Group")

Directors purchase of shares - Dividend Reinvestment Plan

The Company has today been informed by Mike Dugdale, Chief Financial Officer that, following payment of the second dividend for the year ended 31 December 2017, he has purchased, on the 22 June 2017, 573 ordinary shares of 5 pence each at £3.50 per share under the Company's Dividend Reinvestment Plan.

In addition, the dividend received into his ISA holding was used to purchase a further 224 ordinary shares of 5 pence each on 26 June 2017 at £3.477 per share. Mike Dugdale's wife also holds an ISA holding which received dividends which were used to purchase a further 207 ordinary shares of 5 pence each at £3.477 per share on the same date.

Further to the commitment made by Mike Dugdale in January 2015 in respect of his directly held shares and June 2015 in respect of his ISA holding, Mike remains committed to take part in the dividend reinvestment plan in respect of his entire direct and indirect ordinary shares, as set out above.

Following these transactions, Mike Dugdale has an interest in 65,348 ordinary shares of 5p each, including his wife's holding of 13,162 shares, representing in aggregate 0.212% of the issued ordinary share capital of the Company.

The Company has also today been informed by Ken Rooney, Non-Executive Director, that, following payment of the second dividend for the year ended 31 December 2017, he has purchased, on the 26 June 2017, 80 ordinary shares of 5 pence each at £3.477 per share under the Company's Dividend Reinvestment Plan.

In addition, the dividend received into his ISA holding was used to purchase a further 47 ordinary shares of 5 pence each on 26 June 2017 at £3.477 per share. Ken Rooney's partner also holds an ISA holding which received dividends which were used to purchase a further 52 ordinary shares of 5 pence each at £3.477 per share on the same date.

Further to the commitment made by Ken Rooney in December 2016 in respect of his directly held shares and in respect of his ISA holding, Ken remains committed to take part in the dividend reinvestment plan in respect of his entire direct and indirect ordinary shares, as set out above.

Following these transactions, Ken Rooney has an interest in 16,578 ordinary shares of 5p each in the Company, including his partner's holding of 4,346 shares, representing in aggregate 0.054% of the issued ordinary share capital of the Company.

Further detail is provided below in accordance with Article 19.3 of the EU Market Abuse Regulation.

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 /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Personal Group Holdings Plc
b)	LEI	N/A
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 Identification code	Ordinary shares of 5p each ISIN: GB0002760279
b)	Nature of the transaction	Purchase of shares under dividend re-investment plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £3.50 per share £3.477 per share* 573 224 *These shares were purchased into his ISA
d)	Aggregated information - Aggregated volume - Price	797 ordinary shares Weighted average price per share £3.494
e)	Date of the transaction	22 June 2017 & 26 June 2017 (ISA)
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Jennifer Millward-Dugdale
2	Reason for the notification
a)	Position/status	Person closely associated with Mike Dugdale, Chief Financial Officer
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Personal Group Holdings Plc
b)	LEI	N/A
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 Identification code	Ordinary shares of 5p each ISIN: GB0002760279
b)	Nature of the transaction	Purchase of shares under dividend re-investment plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £3.477 per share* 207 *These shares were purchased into her ISA
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	26 June 2017
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Ken Rooney
2	Reason for the notification
a)	Position/status	Non-Executive Director
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Personal Group Holdings Plc
b)	LEI	N/A
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 Identification code	Ordinary shares of 5p each ISIN: GB0002760279
b)	Nature of the transaction	Purchase of shares under dividend re-investment plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £3.477 per share* £3.477 per share* 80 47 *These shares were purchased into her ISA
d)	Aggregated information - Aggregated volume - Price	127 3.477
e)	Date of the transaction	26 June 2017
f)	Place of the transaction	London Stock Exchange

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Anne Karin Keating
2	Reason for the notification
a)	Position/status	Person closely associated with Ken Rooney, Non-Executive Director of Personal Group Holdings Plc
b)	Initial notification /Amendment	Initial
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Personal Group Holdings Plc
b)	LEI	N/A
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 Identification code	Ordinary shares of 5p each ISIN: GB0002760279
b)	Nature of the transaction	Purchase of shares under dividend re-investment plan
c)	Price(s) and volume(s)	Price(s) Volume(s) £3.477 per share* 52 *These shares were purchased into her ISA
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	26 June 2017
f)	Place of the transaction	London Stock Exchange

- ENDS -

 For more information please contact:

Personal Group Holdings Plc
Mark Scanlon		[phone]
Philip Dennis (IR)	[e-mail]		[phone]

Cenkos Securities Plc
Max Hartley / Stephen Keys (Nomad)	[phone]
Russell Kerr (Sales)

 Media enquiries:

Hudson Sandler
Nick Lyon / Sophie Lister/ Lucy Wollam	[phone]
[e-mail]

Notes to Editors

Personal Group Holdings Plc (AIM: PGH) is a technology enabled employee services business, working with employers to drive productivity though better employee engagement and a more motivated workforce. With over 30 years' experience, the Company provides employee benefits, serving 550 businesses, reaching over 2 million employees across the UK.

Personal Group's offer comprises 8,000 in-house and third party products and services, from c.60 supply lines. In-house services include employee insurance products (hospital, convalescence plans and death benefit) and the provision of home technology via salary sacrifice (iPads, computers, laptops, smart phones and smart TVs). Third party services include retail discounts, e-payslips, employee assistance, wellbeing programmes and salary sacrifice cars and bikes.

The offer is provided via the Company's proprietary technology platform, Hapi. The platform is intuitive and accessible via web, tablet and mobile app, driving better engagement, communication and value recognition. Hapi is flexible and can quickly integrate additional services, such as existing employee services and partner platforms. Hapi is a SaaS product.

Through technology and select acquisitions, the Company has grown its addressable market from 6m to 27m UK employees; including 15.6m SME employees targeted via its partnership with Sage, the UK's largest software company.  

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 offer compelling to blue chip clients across the UK as a way of attracting, retaining and motivating employees. 

Personal Group has a strong client base across a range of sectors including passenger transport, healthcare, logistics and food manufacturing. Clients include: Stagecoach, Four Seasons Health Care, Priory Group, Spire Healthcare, Bibby, 2 Sisters Food Group and Young's Seafood.   

For further information, please see www.personalgroup.com

 

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