Dividend Announcement

RNS Number : 9388Y

Personal Group Holdings PLC

01 March 2013

 



Press Release

1 March 2013

Personal Group Holdings plc

("the Company")

Dividend Announcement

The directors of the Company are pleased to announce that the first dividend for 2013 of 4.65p per share will be paid on 8 April 2013 to members on the register on 14 March 2013.  Shares will be marked ex-dividend on 12 March 2013.  

This dividend is the first of the four dividends expected to be announced this year and represents an increase of approximately 4.5% over the equivalent period last year.

Mark Scanlon, Chief Executive of the Company, commented: "The Board is pleased to announce this increased dividend; as stated in the Interim Results in September 2012, new business generation remains high and the increased dividend reflects the Board's confidence in the longer-term growth prospects for Personal Group."

- ENDS -

For more information please contact:

Personal Group Holdings Plc
John Barber, Financial Director	[phone]

Cenkos Securities Plc
Max Hartley/Stephen Keys	[phone]

Media enquiries:

Abchurch Communications
Julian Bosdet / Joanne Shears	[phone]
[e-mail]	www.abchurch-group.com

Notes to editors:

Personal Group Holdings Plc (AIM: PGH) is a leading provider of employee benefits and financial services, established in 1984 with clients across the UK.

The group primarily provides tailored employee benefits programmes to businesses throughout the UK. These programmes include insurance products such as hospital and convalescence plans; death benefit and income protection plans; lifestyle benefits such as holiday and retail discounts; flexible benefit programmes; a range of tax efficient benefits such as childcare vouchers; and employee assistance programmes. The group generates the majority of its revenue through the underwriting of hospital and convalescence plans.

Through its expertise in producing, communicating and implementing successful benefit solutions, the group has helped over 400 leading UK companies recruit, retain and motivate the best people. In total the group provides access to benefits for 1.2 million employees, and clients include 3663, Brake Bros, Home Retail Group, Northumbrian Water Limited, Pirelli, Starwood Hotels, TNT, UK Mail, Regatta, Road Chef and Vinci Construction.

The group boasts considerable financial strength, with a track record of profitable growth since 1986, as well as a strong pipeline of new business. For the year ended 31 December 2011 the group reported revenue of £27.5 million and profit before tax of £10.0 million. With a strong balance sheet and a progressive dividend policy, Personal Group's vision is to be the provider of choice in employee benefits and financial services. The group's development to date has been achieved principally through strong organic growth.

Personal Group is headquartered in Milton Keynes, was floated on AIM in 2000 and today employs over 180 people.

For further information, go to www.personal-group.com                       

 

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