TIDMPGH

RNS Number : 5091R

Personal Group Holdings PLC

28 February 2019

 
 
 

Personal Group Holdings Plc

("the Company" or "the Group")

Share issue and Director/PDMR Dealing

Further to the Company's announcement on 27 February 2019 regarding the completion of the acquisition of Innecto People Consulting Limited, the Company announces that Deborah Frost, Chief Executive, has acquired 299,237 new ordinary shares in the Company pursuant to the terms of the Subscription Agreement.

Following this transaction, Deborah Frost has an interest in 300,020 ordinary shares of 5p each in the Company representing in aggregate, approximately 0.96 per cent. of its issued share capital.

Unless otherwise defined, capitalised terms shall have the same meaning as those defined in the Company's announcement dated 6 February 2019, under RNS number '1798P'.

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                           Deborah Frost 
     -----------------------------  ------------------------------------ 
 2    Reason for the notification 
     ------------------------------------------------------------------- 
 a)   Position/status                Chief Executive Officer 
     -----------------------------  ------------------------------------ 
 b)   Initial notification           Initial 
       /Amendment 
     -----------------------------  ------------------------------------ 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------- 
 a)   Name                           Personal Group Holdings Plc 
     -----------------------------  ------------------------------------ 
 b)   LEI                            213800TN8BH2YYWAH345 
     -----------------------------  ------------------------------------ 
 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             Ordinary shares of 5p each 
       financial instrument, 
       type of instrument 
                                      ISIN: GB0002760279 
       Identification code 
     -----------------------------  ------------------------------------ 
 b)   Nature of the transaction      Issue of shares 
     -----------------------------  ------------------------------------ 
 c)   Price(s) and volume(s)           Price(s)             Volume(s) 
                                        GBP3.48 per share    299,237 
                                                            ---------- 
     -----------------------------  ------------------------------------ 
 d)   Aggregated information 
 
       - Aggregated volume             N/A - single transaction 
 
 
       - Price 
     -----------------------------  ------------------------------------ 
 e)   Date of the transaction        28 February 2019 
     -----------------------------  ------------------------------------ 
 f)   Place of the transaction       London Stock Exchange 
     -----------------------------  ------------------------------------ 
 

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 27m 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

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

DSHUWVBRKRAUUAR

(END) Dow Jones Newswires

February 28, 2019 12:52 ET (17:52 GMT)

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