Grant of Options

RNS Number : 5301O

Personal Group Holdings PLC

11 October 2012

 



Press Release

11 October 2012

Personal Group Holdings plc

(the "Company")

Grant of Options

The Company operates an Inland Revenue approved Company Share Option Plan (CSOP) which allows certain directors the opportunity to exercise options over ordinary shares in the Company currently held by Personal Group Trustees Limited (a company wholly owned by the Company which operates the Company's All Employee Share Ownership Plan (AESOP) and the Company's Share Option Plan (CSOP) schemes).

On 10 October 2012 the Remuneration Committee approved the award of the following options under the CSOP to be made on 10 October 2012.

	Number of options	Exercise price (pence per share)	Total number of options held	Total number of ordinary shares held	% holding of ordinary shares
J P Barber	8,695	345	66,445	366,397	1.22
K W Rooney	5,228	345	76,470	5,170	0.02

These new options can be exercised within 10 years from 10 October 2015.

- ENDS -

For more information please contact:

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

Cenkos Securities Plc
Stephen Keys/Max Hartley	[phone]

Media enquiries:

Abchurch Communications
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 160 people.

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

 

END

 

 

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