Last checked at 3 Apr 2014 15:46
Press Release | 3 April 2014 |
Personal Group Holdings plc
("the Company")
Grant of Options
Personal Group Holdings Plc operates an Inland Revenue approved Company Share Option Plan (CSOP) which allows certain directors the opportunity to exercise options over ordinary shares in the Company currently held by Personal Group Trustees Limited (a company wholly owned by the Company which operates the Company's All Employee Share Ownership Plan (AESOP) and the Company's Share Option Plan (CSOP) schemes).
On 2 April 2014 the Remuneration Committee approved the award of the following options under the CSOP to be made on 3 April 2014.
Number of options | Exercise price (pence per share) | Total number of options held | Total number of ordinary shares held | % holding of ordinary shares | |
M Scanlon | 6,167 | 486.5 | 6,167 | 56,588 | 0.19 |
M Dugdale | 6,167 | 486.5 | 6,167 | 425 | 0.01 |
These new options can be exercised within 10 years from 3 April 2017.
-ENDS-
Enquiries:
Personal Group Holdings Plc | |
Mark Scanlon / Mike Dugdale | Tel:+44 (0) 1908 605000 |
Abchurch Communications | |
Joanne Shears / Quincy Allan | Tel: +44 (0) 207 398 7710 |
Cenkos Securities Plc | |
Max Hartley (Nomad) / Russell Kerr (Sales) | Tel: +44 (0) 20 7397 8926 |
Notes to editors:
Personal Group Holdings Plc (AIM: PGH) is a leading provider of employee benefits, employee related insurance products and financial services, established 30 years ago with blue chip corporate clients across the UK.
The Group's integrated benefits and insurance programmes offer employers a cost effective means of attracting, retaining and motivating employees. Personal Group's tailored employee benefits packages 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; and a range of tax efficient benefits such as childcare vouchers. Personal Group is committed to encouraging small behavioural changes in utilising the benefits packages available that can have a significant impact on the monthly financial situation of an employee.
The Group's approach to employee communications is fundamental to the success of its programmes, as the balance of face to face meetings and innovative use of technology is a key strength of the Group. In total Personal Group offers access to benefits to over 2.0 million employees and has a strong client base across a range of sectors including transport, where it works with the likes of Network Rail and Stagecoach, healthcare, where clients include Priory Group and Spire Healthcare and logistics, with companies such as TNT. Against a backdrop of the government's focus on increasing the responsibility of the individual in terms of lifestyle protection and insurance products, Personal Group enables the employer to put the structure in place for their employees to achieve this more easily.
Personal Group is headquartered in Milton Keynes, listed on AIM in 2000 and today employs over 165 people.
For further information, go to www.personal-group.com