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

 DEFERRED BONUS SHARE PLAN - ORIGINAL GRANT DATES - 6 APRIL 2011 & 2 APRIL 2012

18.

Period during which or date on which exercisable

6 APRIL 2014 - 5 OCTOBER 2014

2 APRIL 2015 - 1 OCTOBER 2015

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

269 FOR THE 2011 GRANT

287 FOR THE 2012 GRANT

21.

Exercise price (if fixed at time of grant) or

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

NIL

22.

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

10,721 FOR THE 2011 GRANT

11,457 FOR THE 2012 GRANT

23.

Any additional information

THESE INCREASES IN DEFERRED BONUS AWARDS FOLLOW FROM THE INCREASE IN ISSUED CAPITAL OF THE COMPANY AS A RESULT OF THE SHARE PLACING AND OPEN OFFER 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

DEFERRED BONUS SHARE PLAN - ORIGINAL GRANT DATE - 2 APRIL 2012

18.

Period during which or date on which exercisable

2 APRIL 2015 - 1 OCTOBER 2015

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

1,040

21.

Exercise price (if fixed at time of grant) or

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

NIL

22.

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

41,452

23.

Any additional information

THESE INCREASES IN DEFERRED BONUS AWARDS FOLLOW FROM THE INCREASE IN ISSUED CAPITAL OF THE COMPANY AS A RESULT OF THE SHARE PLACING AND OPEN OFFER 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

 DEFERRED BONUS SHARE PLAN - ORIGINAL GRANT DATE - 2 APRIL 2012

18.

Period during which or date on which exercisable

2 APRIL 2015 - 1 OCTOBER 2015

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

429

21.

Exercise price (if fixed at time of grant) or

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

NIL

22.

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

17,095

23.

Any additional information

THESE INCREASES IN DEFERRED BONUS AWARDS FOLLOW FROM THE INCREASE IN ISSUED CAPITAL OF THE COMPANY AS A RESULT OF THE SHARE PLACING AND OPEN OFFER 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

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

DEFERRED BONUS SHARE PLAN ORIGINAL GRANT DATES - 6 APRIL 2011 & 2 APRIL 2012

18.

Period during which or date on which exercisable

6 APRIL 2014 - 5 OCTOBER 2015

2 APRIL 2015 - 1 OCTOBER 2015

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

263 FOR THE 2011 GRANT

265 FOR THE 2012 GRANT

21.

Exercise price (if fixed at time of grant) or

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

NIL

22.

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

10,483 FOR THE 2011 GRANT

10,576 FOR THE 2012 GRANT

23.

Any additional information

THESE INCREASES IN DEFERRED BONUS AWARDS FOLLOW FROM THE INCREASE IN ISSUED CAPITAL OF THE COMPANY AS A RESULT OF THE SHARE PLACING AND OPEN OFFER 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

JEAN CRAIG PARK

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

DEFERRED BONUS SHARE PLAN -

6 APRIL 2011 & 2 APRIL 2012

18.

Period during which or date on which exercisable

6 APRIL 2014 - 5 OCTOBER 2014

2 APRIL 2015 - 1 OCTOBER 2015

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

310 FOR THE 2011 GRANT

228 FOR THE 2012 GRANT

21.

Exercise price (if fixed at time of grant) or

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

NIL

22.

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

12,388 FOR THE 2011 GRANT

9,116 FOR THE 2012 GRANT

23.

Any additional information

THESE INCREASES IN DEFERRED BONUS AWARDS FOLLOW FROM THE INCREASE IN ISSUED CAPITAL OF THE COMPANY AS A RESULT OF THE SHARE PLACING AND OPEN OFFER 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

DEFERRED BONUS SHARE PLAN -

6 APRIL 2011 & 2 APRIL 2012

18.

Period during which or date on which exercisable

6 APRIL 2014 - 5 OCTOBER 2014

2 APRIL 2015 - 1 OCTOBER 2015

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

1,022 FOR THE 2011 GRANT

649 FOR THE 2012 GRANT

21.

Exercise price (if fixed at time of grant) or

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

NIL

22.

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

40,742 FOR THE 2011 GRANT

25,870 FOR THE 2012 GRANT

23.

Any additional information

THESE INCREASES IN DEFERRED BONUS AWARDS FOLLOW FROM THE INCREASE IN ISSUED CAPITAL OF THE COMPANY AS A RESULT OF THE SHARE PLACING AND OPEN OFFER 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.