Transaction in Own Shares

RNS Number : 2536L

Prime People PLC

04 September 2019

 

4 September 2019

Prime People plc

("Prime People" or the "Company") 

Transaction in own shares

Prime People (AIM: PRP) announces that it has purchased 19,000 ordinary shares of 10 pence each in the capital of the Company ("Ordinary Shares") in the market at a price of 85 pence per Ordinary Share, under the authority granted by shareholders at the AGM held on 24 July 2019. 

The Ordinary Shares acquired will be held in treasury in order to satisfy obligations arising from share incentive arrangements with employees of the Company.

Date of purchase:	4 September 2019
Aggregate number of ordinary shares purchased:	19,000
Lowest price paid per share:	85.00 pence
Highest price paid per share:	85.00 pence
Volume weighted average price paid per share:	N/A

The number of ordinary shares in issue is 12,290,199 (including treasury shares) and following the purchase of the Ordinary Shares, the Company will hold 186,176 ordinary shares in treasury.  Therefore, the total number of Ordinary Shares with voting rights in Prime People is 12,104,023, which 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 FCA's Disclosure Guidance and Transparency Rules.

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the table below contains detailed information of the individual trades made by Ravenscroft Limited.

Individual transactions:

Number of shares purchased	Transaction price (pence per share)	Time of transaction	Trading venue
19,000	85.00	10:19:56	London Stock Exchange

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

For further information, please contact: 

Prime People	020 7318 1785
Donka Zaneva-Todorinski, Finance Director
Cenkos Securities plc	020 7397 8900
Katy Birkin / Harry Hargreaves

 

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