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4 Oct 2018 13:15
Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.
Personal Group Holdings Plc
("the Company" or "the Group")
Director/PDMR Dealing
The Company has been informed by Mark Scanlon, Chief Executive Officer, that he has sold, on 3 October 2018, 150,000 ordinary shares of 5 pence each in the Company at a price of £5.22375 per share.
Following this transaction, Mark Scanlon has an interest in 2,765 ordinary shares of 5p each in the Company representing in aggregate 0.009% of the issued ordinary share capital of the Company.
The Company has also been informed by Mike Dugdale, Chief Financial Officer, that he has sold, on 3 October 2018, 23,945 ordinary shares of 5 pence each in the Company at an average price of £5.2706 per share. Mike Dugdale's wife has also sold 5,744 shares of 5 pence each at £5.26
Mike has also confirmed that neither he or his wife will be participating further in Dividend Reinvestment Plans.
Following this transaction, Mike Dugdale has an interest in 39,843 ordinary shares of 5p each in the Company, including his wife's holding of 18,069 shares, representing in aggregate 0.129% of the issued ordinary share capital of the Company.
The Company has also been informed by David Walker, Chief Commercial Officer, that he has exercised, on 3 October 2018, options issued under the Company's Share Ownership Plan (CSOP) over 6,122 existing ordinary shares of 5 pence each in the Company at a price of £4.75 per share. These were subsequently sold at £5.2877 on the same day. Furthermore, David has also sold his 1,113 PGH Employee Share Ownership Plan shares back to the Personal Group Employee Benefit Trust at £5.725.
Following this transaction, David Walker no longer has an interest in the issued ordinary share capital of the Company.
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 | Mark Scanlon
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| CEO | ||||
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 | Ordinary shares of 5p each
ISIN: GB0002760279
| ||||
b)
| Nature of the transaction
| Sale of shares | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
N/A - single transaction
| ||||
e)
| Date of the transaction
| 3 October 2018 | ||||
f)
| Place of the transaction
| London Stock Exchange | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Mike Dugdale
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status | CFO | ||||
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
| Ordinary shares of 5p each
ISIN: GB0002760279
| ||||
b)
| Nature of the transaction
| Sale of shares | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price |
23,945
£5.2706
| ||||
e)
| Date of the transaction
| 3 October 2018 | ||||
f)
| Place of the transaction
| London Stock Exchange | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Jennifer Millward-Dugdale | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Person closely associated with Mike Dugdale, Chief Financial 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
| Ordinary shares of 5p each
ISIN: GB0002760279
| ||||
b)
| Nature of the transaction
| Sale of shares | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
N/A - single transaction
| ||||
e)
| Date of the transaction
| 3 October 2018 | ||||
f)
| Place of the transaction
| London Stock Exchange | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name | David Walker
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| CCO | ||||
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
| Ordinary shares of 5p each
ISIN: GB0002760279
| ||||
b)
| Nature of the transaction
| 1. Exercise of options over ordinary shares pursuant to share ownership plan (CSOP) 2. Sale of ordinary shares | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
7,235
£5.355
| ||||
e)
| Date of the transaction
| 3 October 2018 | ||||
f)
| Place of the transaction
| 1. Outside a trading venue 2. London Stock Exchange | ||||
- ENDS -
For more information please contact:
Personal Group Holdings Plc |
|
| ||
Mark Scanlon | +44 (0)1908 605 000 |
| ||
Philip Dennis (IR) | Philip.Dennis@personalgroup.com | +44 (0)7947 868 206 | ||
Cenkos Securities Plc |
|
Max Hartley / Stephen Keys (Nomad) | +44 (0)20 7397 8900 |
Russell Kerr (Sales) |
|
Media enquiries:
Hudson Sandler |
|
Nick Lyon / Sophie Lister/ Lucy Wollam | +44 (0)207796 4133 |
www.personalgroup@hudsonsandler.com
|
|
Notes to Editors:
Personal Group Holdings Plc (AIM: PGH) is a technology enabled employee services business, working with employers to drive productivity though better employee engagement and a more motivated workforce. With over 30 years' experience, the Company provides employee benefits and services to over 2 million employees across the UK.
Personal Group's offer comprises 8,000 in-house and third party products and services, from c.60 supply lines. In-house services include employee insurance products (hospital, convalescence plans and death benefit) and the provision of home technology via salary sacrifice (iPads, computers, laptops, smart phones and smart TVs). Third party services include retail discounts, e-payslips, employee assistance programmes, wellbeing programmes and salary sacrifice cars and bikes.
The offer is provided via the Company's proprietary technology platform, Hapi. The platform is intuitive, designed primarily for app deployment and also accessible via web and tablet, driving better engagement, communication and value recognition. Hapi is flexible and can quickly integrate additional services, such as existing employee services and partner platforms. Hapi is a SaaS product.
Through technology and select acquisitions, the Company has grown its addressable market from 6m to over 27m UK employees; including 15.6m SME employees targeted via its partnership with Sage, the UK's largest software company.
Personal Group's innovative approach to using technology to deliver its programmes, combined with its face-to-face method of communicating with employees, makes its offer compelling to blue chip clients across the UK as a way of attracting, retaining and motivating employees.
Personal Group has a strong client base across a range of sectors including passenger transport, healthcare, logistics and food manufacturing. Clients include: Stagecoach, Four Seasons Health Care, Priory Group, Spire Healthcare, Bibby, 2 Sisters Food Group and Young's Seafood.
For further information, please see www.personalgroup.com
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