Exercise of Options and Sale of Shares

RNS Number : 2394S

Personal Group Holdings PLC

05 November 2013

 



Press Release

5 November 2013

Personal Group Holdings plc

("the Company")

 Exercise of Options and Sale of Shares

The Company has been informed by Dr John Barber, Finance Director, of the following transactions in ordinary shares in the Company, which took place yesterday:

1)   Exercise of options over 22,508 ordinary shares in the Company at a price of 311 pence per share.

2)   Sale of 22,508 ordinary shares in the Company at a price of 402 pence per share.

Following these transactions Dr John Barber remains interested in 354,853 ordinary shares, representing 1.18% of the total shares in issue.

- ENDS -

For more information please contact:

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

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

Media enquiries:

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

Notes to editors:

Personal Group Holdings Plc (AIM: PGH) is a leading provider of employee benefits, employee related insurance products 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, Bidvest, DHL, Spire Healthcare 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 2012 the group reported revenue of £27.4 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. 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 165 people.

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

 

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