Long Term Incentive Plan Award

RNS Number : 8447D

Personal Group Holdings PLC

01 July 2021

 

1 July 2021

Personal Group Holdings Plc

("the Company" or "Group")

Long Term Incentive Plan Award

Personal Group Holdings Plc (AIM: PGH), the technology-enabled employee benefits and services provider, announces the grant of share awards under the Personal Group Holdings Plc 2021 Long Term Incentive Plan (the "LTIP"), the details of which were announced on 7 April 2021 (RNS No: 5868U).

The LTIP has been established in order to reward and incentivise the senior executives to deliver sustainable growth for the Company and to create material value for shareholders. The awards are in the form of an option over ordinary shares in the Company, which vest subject to the achievement of certain performance criteria.

On 1 July 2021, options over 52,032 ordinary shares in the Company were awarded to Liam McGrath, Chief Operating Officer of Personal Group, pursuant to the LTIP. Vesting of these options remains subject to the same performance criteria as detailed in the Company's announcement made on 7 April 2021. The options carry a nominal exercise price of £0.05 per share.  

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	Liam McGrath
2	Reason for the notification
a)	Position/status	Chief Operating 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	213800TN8BH2YYWAH345
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	Grant of options over ordinary shares of 5p each
b)	Nature of the transaction	Grant of options over ordinary shares of £0.05 each pursuant to Company's long term incentive plan
c)	Price(s) and volume(s)	Price(s) Volume(s) Exercise price of £0.05 per share 52,032
d)	Aggregated information - Aggregated volume - Price	N/A - single transaction
e)	Date of the transaction	1 July 2021
f)	Place of the transaction	Outside a trading venue

-ENDS-

For more information please contact:

Personal Group Holdings Plc
Deborah Frost (CEO) / Sarah Mace (CFO)		Via Alma PR
Cenkos Securities Plc
Camilla Hume /Callum Davidson (Nomad)		[phone]
Russell Kerr (Sales)
Alma PR		[phone]
Susie Hudson / Caroline Forde / Harriet Jackson		[e-mail]

Notes to Editors

Personal Group Holdings Plc (AIM: PGH) is a digitally enabled employee benefits and services provider. The Group enables employers across the UK to improve employee engagement and support their people's physical, mental, social, and financial wellbeing. Its vision is to create a brighter future for the UK workforce.

Personal Group provides health insurance services and a broad range of employee benefits, engagement, and wellbeing products. Many of these services are delivered through its proprietary app, Hapi.

The Group's growth strategy is centred around widening the footprint of the business into the SME, talent-led & Public Sectors, thereby expanding the addressable customer base. In addition, it aims to grow in its existing industrial heartlands, to re-invigorate growth in insurance policyholders and to drive the use of its SaaS offerings.

Clients include: Arsenal FC, Barchester Healthcare, DHL Supply Chain Limited, Merseyrail, Randstad, Royal Mail Group, the Sandwell & Birmingham NHS trust and Stagecoach Group plc. c.40% of clients are served by two or more Personal Group companies.

For further information, please see www.personalgroup.com  

 

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