Last checked at 1 Jul 2013 14:10
Press Release | 1 July 2013 |
Personal Group Holdings plc
("the Company")
Directors Purchase of Shares
Personal Group Holdings Plc operates an Inland Revenue approved All Employee Share Ownership Plan (AESOP) which allows employees and directors the opportunity to purchase shares in the Company currently held by Personal Group Trustees Limited.
The twenty third allocation period ended on 30 June 2013 and the following directors have been allocated shares as follows:
Director | Price | Shares allocated | Total number of shares held at 30 June 2013 | % Holding |
Dr J P Barber | 322.25p | 374 | 354,853 | 1.18 |
Mr K Rooney | 322.25p | 373 | 5,963 | 0.02 |
Mr C Curling | 322.25p | 436 | 29,290 | 0.10 |
Mr M Dugdale | 322.25p | 232 | 232 | 0.001 |
Under the Rules of the AESOP, the share price at which the shares are allocated is the lower of the mid-market value at the start and end of the relevant accumulation period.
-ENDS-
For more information please contact:
Personal Group Holdings Plc | |
John Barber, Finance Director | +44 (0)1908 605 000 |
Cenkos Securities Plc | |
Max Hartley / Stephen Keys | +44 (0)20 7397 8900 |
Media enquiries:
Abchurch Communications | |
Joanne Shears / Harriet Rae | +44 (0)20 7398 7718 |
joanne.shears@abchurch-group.com | 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 175 people.
For further information, go to www.personal-group.com.