Last checked at 4 Oct 2012 18:07
Press Release | 4 October 2012 |
Personal Group Holdings plc
("Personal Group" or the "Company")
Director Shareholding
The Company has been informed today by Christopher Johnston, founder and non-executive director of Personal Group, that he today sold 2,647,059 ordinary shares of 5 pence each ("Ordinary Shares") representing 8.8% of the ordinary share capital at a price of 340 pence per Ordinary Share.
Following this transaction, Mr Johnston remains interested in 12,944,334 Ordinary Shares, representing 43.1% of the issued ordinary share capital of the Company.
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For more information please contact:
Personal Group Holdings Plc | |
John Barber, Financial Director | +44 (0)1908 605 000 |
Cenkos Securities Plc | |
Stephen Keys/Max Hartley | +44 (0)20 7397 8900 |
Media enquiries:
Abchurch Communications | |
Joanne Shears / Oliver Hibberd | +44 (0)20 7398 7714 |
oliver.hibberd@abchurch-group.com | www.abchurch-group.com |
Notes to editors:
Personal Group Holdings Plc (AIM: PGH) is a leading provider of employee benefits 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, Brake Bros, Home Retail Group, 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 2011 the group reported revenue of £27.5 million and profit before tax of £10.0 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 and financial services. 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 160 people.
For further information, go to www.personal-group.com