Grant of LTIP options

Personal Group Holdings PLC

10 August 2023

 

10 August 2023

Personal Group Holdings Plc

("the Company" or "the Group")

Grant of LTIP options

Personal Group Holdings Plc (AIM: PGH), the workforce benefits and services provider, announces the grant of options to Paula Constant, Chief Executive Officer, under the Personal Group Holdings Plc 2023 Long Term Incentive Plan (the "LTIP").

A total of 286,574 share awards have been granted to Paula under the LTIP. These are in the form of an option over ordinary shares in the Company and vest subject to the achievement of certain performance criteria and have a nominal value exercise price of £0.05 per share (the "LTIP Awards").

The vesting of the Awards is subject to the satisfaction of performance conditions assessed over the three financial years ending 31 December 2025. Once vested, the options may be exercised at any time until the tenth anniversary of the Award date. The Awards are subject to claw back and malus provisions. The performance conditions are the same as those detailed in the Company's announcement of the issuance of the LTIP, dated 21 June 2023, and relate to achievement of total shareholder return, EBITDA and ESG metrics.

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	Paula Constant
2	Reason for the notification
a)	Position/status	Chief Executive
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	Options over ordinary shares of 5p each ISIN: GB0002760279
b)	Nature of the transaction	Grant of options
c)	Price(s) and volume(s)	Price(s) Volume(s) LTIP - £0.05 per share 286,574
d)	Aggregated information - Aggregated volume - Price	286,574 £14,329
e)	Date of the transaction	10 August 2023
f)	Place of the transaction	Outside a trading venue

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For more information please contact:

Personal Group Holdings Plc
Paula Constant (CEO) / Sarah Mace (CFO)		Via Alma PR
Cenkos Securities Plc
Camilla Hume / Callum Davidson (Nomad)		[phone]
Jasper Berry (Sales)
Alma PR		[phone]
Caroline Forde / Joe Pederzolli / Kinvara Verdon		[e-mail]

Notes to Editors

Personal Group Holdings Plc (AIM: PGH) is a workforce 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. Its offerings can also be delivered through its proprietary app, Hapi, and the recently developed extension to the platform, Hapiflex.

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.

Group Clients include: Airbus, Barchester Healthcare, British Transport Police, Merseyrail, Randstad, Royal Mail Group, The Royal Mint, the Sandwell & Birmingham NHS Trust, Stagecoach Group plc, and The University of York.

For further information on the Group please see www.personalgroup.com

 

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