Directors Purchase of Shares

RNS Number : 6696U

Personal Group Holdings PLC

02 January 2013

 



Press Release

02 January 2013

Personal Group Holdings plc

("the Company")

Directors Purchase of Shares

Personal Group Holdings plc has today been informed of a number of share purchases made by certain directors. The purchases were made under the Company's 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 second allocation period ended on 31 December 2012 and the following directors have been allocated shares as follows:

Director	Price	Shares Allocated	Total number of shares held at 31 December 2012	% Holding
Dr J P Barber	322.25p	480	362,479	1.21
Mr K Rooney	322.25p	420	5,590	0.02
Mr R Green	322.25p	410	39,017	0.13
Mr C Curling	322.25p	430	28,854	0.10

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, Financial Director	[phone]

Cenkos Securities Plc
Max Hartley	[phone]

Media enquiries:

Abchurch Communications
Joanne Shears/ Harriet Rae	[phone]
[e-mail]	www.abchurch-group.com

Notes to editors:

Personal Group Holdings Plc (AIM: PGH) is a leading provider of employee benefits and financial services, established in 1984.

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, Brake Bros, Home Retail Group, 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 to 31 December 2011 the group reported revenue of £27.5 million, and an annualised value of new business generated of £8.2 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 and financial services. 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 160 people.

For further information, go to www.personal-group.com.

 

END

 

 

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