Last checked at 2 Oct 2017 17:15
Personal Group Holdings Plc
("the Company" or "the Group")
Directors purchase of shares - Dividend Reinvestment Plan
The Company has today been informed by Mike Dugdale, Chief Financial Officer that, following payment of the third dividend for the year ending 31 December 2017, he has purchased, on the 28 September 2017, 538 ordinary shares of 5 pence each at £3.79 per share under the Company's Dividend Reinvestment Plan.
In addition, the dividend received into his ISA holding was used to purchase a further 198 ordinary shares of 5 pence each on 2 October 2017 at £4.05 per share. Mike Dugdale's wife also holds an ISA holding which received dividends which were used to purchase a further 183 ordinary shares of 5 pence each at £4.05 per share on the same date.
Further to the commitment made by Mike Dugdale in January 2015 in respect of his directly held shares and June 2015 in respect of his ISA holding, Mike remains committed to take part in the dividend reinvestment plan in respect of his entire direct and indirect ordinary shares, as set out above.
Following these transactions, Mike Dugdale has an interest in 66,590 ordinary shares of 5p each, including his wife's holding of 13,345 shares, representing in aggregate 0.216% of the issued ordinary share capital of the Company.
The Company has also today been informed by Ken Rooney, Non-Executive Director, that, following payment of the third dividend for the year ending 31 December 2017, he has purchased, via his nominee account on the 2 October 2017, 76 ordinary shares of 5 pence each at £4.05 per share under the Company's Dividend Reinvestment Plan.
In addition, the dividend received into his ISA holding was used to purchase a further 56 ordinary shares of 5 pence each on 2 October 2017 at £4.05 per share. Ken Rooney's partner also holds an ISA holding which received dividends which were used to purchase a further 59 ordinary shares of 5 pence each at £4.05 per share on the same date.
Further to the commitment made by Ken Rooney in December 2016 in respect of his directly held shares and in respect of his ISA holding, Ken remains committed to take part in the dividend reinvestment plan in respect of his entire direct and indirect ordinary shares, as set out above.
Following these transactions, Ken Rooney has an interest in 17,124 ordinary shares of 5p each in the Company, including his partner's holding of 4,405 shares, representing in aggregate 0.056% of 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
| Mike Dugdale
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| 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
| N/A | ||||
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
| Purchase of shares under dividend re-investment plan | ||||
c)
| Price(s) and volume(s)
|
\* These shares were purchased into his ISA | ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
736 ordinary shares
Weighted average price per share £3.860
| ||||
e)
| Date of the transaction
| 28 September 2017 & 2 October 2017 (ISA) | ||||
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
| N/A | ||||
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
| Purchase of shares under dividend re-investment plan | ||||
c)
| Price(s) and volume(s)
|
\* These shares were purchased into her ISA | ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
N/A - single transaction
| ||||
e)
| Date of the transaction
| 2 October 2017 | ||||
f)
| Place of the transaction
| London Stock Exchange | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Ken Rooney | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Non-Executive Director | ||||
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
| N/A | ||||
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
| Purchase of shares under dividend re-investment plan | ||||
c)
| Price(s) and volume(s)
|
\* These shares were purchased into his ISA | ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
132 ordinary shares
Weighted average price per share £4.05
| ||||
e)
| Date of the transaction
| 2 October 2017 | ||||
f)
| Place of the transaction
| London Stock Exchange | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
| Anne Karin Keating
| ||||
2
| Reason for the notification
| |||||
a)
| Position/status
| Person closely associated with Ken Rooney, Non-Executive Director of Personal Group Holdings Plc | ||||
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
| N/A | ||||
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
| Purchase of shares under dividend re-investment plan | ||||
c)
| Price(s) and volume(s)
|
\* These shares were purchased into her ISA | ||||
d)
| Aggregated information
- Aggregated volume
- Price
|
N/A - single transaction
| ||||
e)
| Date of the transaction
| 2 October 2017 | ||||
f)
| Place of the transaction
| 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 30m 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.