Phoenix Group Holdings Regulatory News (PHNX)

1.

Name of the issuer

PHOENIX GROUP HOLDINGS

2.

State whether the notification relates to (i) a

transaction notified in accordance with DTR 3.1.2 R,

(ii) a disclosure made in accordance

LR 9.8.6R(1) or

(iii) a disclosure made in accordance with section 793 of the Companies Act (2006).

DISCLOSURE UNDER DTR 3.1.8

3.

Name of person discharging managerial

responsibilities/director

ALAN GORDON ROFFEY-JONES

4.

State whether notification relates to a person

connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

-

5.

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial

interest

-

6.

Description of shares (including class), debentures or derivatives or financial instruments relating to shares

-

7.

Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

-

8.

State the nature of the transaction

-

9.

Number of shares, debentures or financial

instruments relating to shares acquired

-

10.

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

-

11.

Number of shares, debentures or financial

instruments relating to shares disposed

-

12.

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

-

13.

Price per share or value of transaction

-

14.

Date and place of transaction

-

15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

-

16.

Date issuer informed of transaction

-

17.

Date of grant

SHARESAVE SCHEME

ORIGINAL GRANT DATE - 22 JANUARY 2010

18.

Period during which or date on which exercisable

1 MARCH 2013 - 31 AUGUST 2013

19.

Total amount paid (if any) for grant of the option

NIL

20.

Description of shares or debentures involved (class and number)

ORDINARY SHARES OF €0.0001

41

21.

Exercise price (if fixed at time of grant) or

indication that price is to be fixed at the time of exercise

22.

Total number of shares or debentures over which options held following notification

1,652 UNDER THE SHARESAVE SCHEME

23.

Any additional information

THIS INCREASE IN SHARESAVE AWARDS RELATES TO THE PLACING AND OPEN OFFER AND THE RESULTANT INCREASE IN THE ISSUED SHARE CAPITAL WHICH WAS APPROVED BY SHAREHOLDERS ON 19 FEBRUARY 2013

24.

Name of contact and telephone number for queries

PENNY CARTER, 01534 715 430

Name of authorised official of issuer responsible for making notification

Gerald Watson

Date of notification 24 May 2013

(1)

An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2)

An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3)

An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4)

An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

1.

Name of the issuer

PHOENIX GROUP HOLDINGS

2.

State whether the notification relates to (i) a

transaction notified in accordance with DTR 3.1.2 R,

(ii) a disclosure made in accordance

LR 9.8.6R(1) or

(iii) a disclosure made in accordance with section 793 of the Companies Act (2006).

DISCLOSURE UNDER DTR 3.1.8

3.

Name of person discharging managerial

responsibilities/director

CLIVE BANNISTER

4.

State whether notification relates to a person

connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

-

5.

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial

interest

-

6.

Description of shares (including class), debentures or derivatives or financial instruments relating to shares

-

7.

Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

-

8.

State the nature of the transaction

-

9.

Number of shares, debentures or financial

instruments relating to shares acquired

-

10.

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

-

11.

Number of shares, debentures or financial

instruments relating to shares disposed

-

12.

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

-

13.

Price per share or value of transaction

-

14.

Date and place of transaction

-

15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

-

16.

Date issuer informed of transaction

-

17.

Date of grant

SHARESAVE SCHEME ORIGINAL GRANT DATE -- 28 APRIL 2011

18.

Period during which or date on which exercisable

1 JUNE 2014 - 30 NOVEMBER 2014

19.

Total amount paid (if any) for grant of the option

NIL

20.

Description of shares or debentures involved (class and number)

ORDINARY SHARES OF €0.0001

40

21.

Exercise price (if fixed at time of grant) or

indication that price is to be fixed at the time of exercise

22.

Total number of shares or debentures over which options held following notification

1,617 UNDER THE SHARESAVE SCHEME

23.

Any additional information

THIS INCREASE IN SHARESAVE AWARDS RELATES TO THE PLACING AND OPEN OFFER AND THE RESULTANT INCREASE IN THE ISSUED SHARE CAPITAL WHICH WAS APPROVED BY SHAREHOLDERS ON 19 FEBRUARY 2013

24.

Name of contact and telephone number for queries

PENNY CARTER, 01534 715 430

Name of authorised official of issuer responsible for making notification

Gerald Watson

Date of notification 24 May 2013

(1)

An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2)

An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3)

An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4)

An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

1.

Name of the issuer

PHOENIX GROUP HOLDINGS

2.

State whether the notification relates to (i) a

transaction notified in accordance with DTR 3.1.2 R,

(ii) a disclosure made in accordance

LR 9.8.6R(1) or

(iii) a disclosure made in accordance with section 793 of the Companies Act (2006).

DISCLOSURE UNDER DTR 3.1.8

3.

Name of person discharging managerial

responsibilities/director

FIONA CLUTTERBUCK

4.

State whether notification relates to a person

connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

-

5.

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial

interest

-

6.

Description of shares (including class), debentures or derivatives or financial instruments relating to shares

-

7.

Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

-

8.

State the nature of the transaction

-

9.

Number of shares, debentures or financial

instruments relating to shares acquired

-

10.

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

-

11.

Number of shares, debentures or financial

instruments relating to shares disposed

-

12.

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

-

13.

Price per share or value of transaction

-

14.

Date and place of transaction

-

15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

-

16.

Date issuer informed of transaction

-

17.

Date of grant

SHARESAVE SCHEME

ORIGINAL GRANT DATE -- 22 JANUARY 2010

18.

Period during which or date on which exercisable

1 MARCH 2013 - 31 AUGUST 2013

19.

Total amount paid (if any) for grant of the option

NIL

20.

Description of shares or debentures involved (class and number)

ORDINARY SHARES OF €0.0001

41

21.

Exercise price (if fixed at time of grant) or

indication that price is to be fixed at the time of exercise

22.

Total number of shares or debentures over which options held following notification

1,652 UNDER THE SHARESAVE SCHEME

23.

Any additional information

THIS INCREASE IN SHARESAVE AWARDS RELATES TO THE PLACING AND OPEN OFFER AND THE RESULTANT INCREASE IN THE ISSUED SHARE CAPITAL WHICH WAS APPROVED BY SHAREHOLDERS ON 19 FEBRUARY 2013

24.

Name of contact and telephone number for queries

PENNY CARTER, 01534 715 430

Name of authorised official of issuer responsible for making notification

Gerald Watson

Date of notification 24 May 2013

(1)

An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2)

An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3)

An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4)

An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

 (2)

An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3)

An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4)

An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

1.

Name of the issuer

PHOENIX GROUP HOLDINGS

2.

State whether the notification relates to (i) a

transaction notified in accordance with DTR 3.1.2 R,

(ii) a disclosure made in accordance

LR 9.8.6R(1) or

(iii) a disclosure made in accordance with section 793 of the Companies Act (2006).

DISCLOSURE UNDER DTR 3.1.8

3.

Name of person discharging managerial

responsibilities/director

JANE MACLEOD

4.

State whether notification relates to a person

connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

-

5.

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial

interest

PERSON REFERRED TO IN 3 ABOVE

6.

Description of shares (including class), debentures or derivatives or financial instruments relating to shares

ORDINARY SHARES

7.

Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

JANE MACLEOD

8.

State the nature of the transaction

EXERCISE OF OPTIONS UNDER THE PHOENIX GROUP SHARESAVE SCHEME

9.

Number of shares, debentures or financial

instruments relating to shares acquired

1,652

10.

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

LESS THAN 1%

11.

Number of shares, debentures or financial

instruments relating to shares disposed

NIL

12.

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

N/A

13.

Price per share or value of transaction

548.8696p (Option price)

14.

Date and place of transaction

2 APRIL 2013

15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

45,815

16.

Date issuer informed of transaction

2 APRIL 2013

17.

Date of grant

SHARESAVE SCHEME

ORIGINAL GRANT DATE -- 22 JANUARY 2010

18.

Period during which or date on which exercisable

1 MARCH 2013 - 31 AUGUST 2013

19.

Total amount paid (if any) for grant of the option

NIL

20.

Description of shares or debentures involved (class and number)

ORDINARY SHARES OF €0.0001

41

21.

Exercise price (if fixed at time of grant) or

indication that price is to be fixed at the time of exercise

22.

Total number of shares or debentures over which options held following notification

1,652 UNDER THE SHARESAVE SCHEME FOLLOWING ADJUSTMENT.

AS PER THE ANNOUNCEMENT ABOVE (BOX 1- 16) THESE OPTIONS HAVE BEEN EXERCISED.

23.

Any additional information

THIS INCREASE IN SHARESAVE AWARDS RELATES TO THE PLACING AND OPEN OFFER AND THE RESULTANT INCREASE IN THE ISSUED SHARE CAPITAL WHICH WAS APPROVED BY SHAREHOLDERS ON 19 FEBRUARY 2013

24.

Name of contact and telephone number for queries

PENNY CARTER, 01534 715 430

Name of authorised official of issuer responsible for making notification

Gerald Watson

Date of notification 24 May 2013

(1)

An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2)

An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3)

An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4)

An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

1.

Name of the issuer

PHOENIX GROUP HOLDINGS

2.

State whether the notification relates to (i) a

transaction notified in accordance with DTR 3.1.2 R,

(ii) a disclosure made in accordance

LR 9.8.6R(1) or

(iii) a disclosure made in accordance with section 793 of the Companies Act (2006).

DISCLOSURE UNDER DTR 3.1.8

3.

Name of person discharging managerial

responsibilities/director

MICHAEL JOHN MERRICK

4.

State whether notification relates to a person

connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

-

5.

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial

interest

-

6.

Description of shares (including class), debentures or derivatives or financial instruments relating to shares

-

7.

Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

-

8.

State the nature of the transaction

-

9.

Number of shares, debentures or financial

instruments relating to shares acquired

-

10.

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

-

11.

Number of shares, debentures or financial

instruments relating to shares disposed

-

12.

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

-

13.

Price per share or value of transaction

-

14.

Date and place of transaction

-

15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

-

16.

Date issuer informed of transaction

-

17.

Date of grant

SHARESAVE SCHEME

ORIGINAL GRANT DATE -- 22 JANUARY 2010

18.

Period during which or date on which exercisable

1 MARCH 2013 - 31 AUGUST 2013

19.

Total amount paid (if any) for grant of the option

NIL

20.

Description of shares or debentures involved (class and number)

ORDINARY SHARES OF €0.0001

41

21.

Exercise price (if fixed at time of grant) or

indication that price is to be fixed at the time of exercise

22.

Total number of shares or debentures over which options held following notification

1,652 UNDER THE SHARESAVE SCHEME

23.

Any additional information

THIS INCREASE IN SHARESAVE AWARDS RELATES TO THE PLACING AND OPEN OFFER AND THE RESULTANT INCREASE IN THE ISSUED SHARE CAPITAL WHICH WAS APPROVED BY SHAREHOLDERS ON 19 FEBRUARY 2013

24.

Name of contact and telephone number for queries

PENNY CARTER, 01534 715 430

Name of authorised official of issuer responsible for making notification

Gerald Watson

Date of notification 24 May 2013

(1)

An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2)

An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3)

An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4)

An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

1.

Name of the issuer

PHOENIX GROUP HOLDINGS

2.

State whether the notification relates to (i) a

transaction notified in accordance with DTR 3.1.2 R,

(ii) a disclosure made in accordance

LR 9.8.6R(1) or

(iii) a disclosure made in accordance with section 793 of the Companies Act (2006).

DISCLOSURE UNDER DTR 3.1.8

3.

Name of person discharging managerial

responsibilities/director

JAMES MCCONVILLE

4.

State whether notification relates to a person

connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

-

5.

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial

interest

-

6.

Description of shares (including class), debentures or derivatives or financial instruments relating to shares

-

7.

Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

-

8.

State the nature of the transaction

-

9.

Number of shares, debentures or financial

instruments relating to shares acquired

-

10.

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

-

11.

Number of shares, debentures or financial

instruments relating to shares disposed

-

12.

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

-

13.

Price per share or value of transaction

-

14.

Date and place of transaction

-

15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

-

16.

Date issuer informed of transaction

-

17.

Date of grant

SHARESAVE SCHEME

GRANT DATE -- 19 APRIL 2013

18.

Period during which or date on which exercisable

1 JUNE 2016 - 30 NOVEMBER 2016

19.

Total amount paid (if any) for grant of the option

NIL

20.

Description of shares or debentures involved (class and number)

ORDINARY SHARES OF €0.0001

1,607

21.

Exercise price (if fixed at time of grant) or

indication that price is to be fixed at the time of exercise

22.

Total number of shares or debentures over which options held following notification

1,607 UNDER THE SHARESAVE SCHEME

23.

Any additional information

24.

Name of contact and telephone number for queries

PENNY CARTER, 01534 715 430

Name of authorised official of issuer responsible for making notification

Gerald Watson

Date of notification 24 May 2013

(1)

An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2)

An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3)

An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4)

An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

1.

Name of the issuer

PHOENIX GROUP HOLDINGS

2.

State whether the notification relates to (i) a

transaction notified in accordance with DTR 3.1.2 R,

(ii) a disclosure made in accordance

LR 9.8.6R(1) or

(iii) a disclosure made in accordance with section 793 of the Companies Act (2006).

DISCLOSURE UNDER DTR 3.1.8

3.

Name of person discharging managerial

responsibilities/director

JANE MACLEOD

4.

State whether notification relates to a person

connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

-

5.

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial

interest

-

6.

Description of shares (including class), debentures or derivatives or financial instruments relating to shares

-

7.

Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

-

8.

State the nature of the transaction

-

9.

Number of shares, debentures or financial

instruments relating to shares acquired

-

10.

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

-

11.

Number of shares, debentures or financial

instruments relating to shares disposed

-

12.

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

-

13.

Price per share or value of transaction

-

14.

Date and place of transaction

-

15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

-

16.

Date issuer informed of transaction

-

17.

Date of grant

SHARESAVE SCHEME

GRANT DATE -- 19 APRIL 2013

18.

Period during which or date on which exercisable

1 JUNE 2016 - 30 NOVEMBER 2016

19.

Total amount paid (if any) for grant of the option

NIL

20.

Description of shares or debentures involved (class and number)

ORDINARY SHARES OF €0.0001

1,607

21.

Exercise price (if fixed at time of grant) or

indication that price is to be fixed at the time of exercise

22.

Total number of shares or debentures over which options held following notification

1,607 UNDER THE SHARESAVE SCHEME

23.

Any additional information

24.

Name of contact and telephone number for queries

PENNY CARTER, 01534 715 430

Name of authorised official of issuer responsible for making notification

Gerald Watson

Date of notification 24 May 2013

(1)

An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2)

An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3)

An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4)

An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.