Dividend Announcement

RNS Number : 4809A

Personal Group Holdings PLC

20 February 2014

 



Press Release

20 February 2014

Personal Group Holdings Plc

("the Company" or "the Group")

Dividend Announcement

The directors of the Company are pleased to announce that the first dividend for 2014 of 4.9p per share will be paid on 25 March 2014 to members on the register on 7 March 2014.  Shares will be marked ex-dividend on 5 March 2014. 

This dividend is the first of the four dividends expected to be announced this year and represents an increase of approximately 5.4% over the equivalent period last year.

Mark Scanlon, Chief Executive of the Company, commented: "The Board is pleased to announce this increased dividend, which is in line with our progressive dividend policy." 

- ENDS -

For more information please contact:

Personal Group Holdings Plc
John Barber, Finance Director	[phone]

Cenkos Securities Plc
Max Hartley / Stephen Keys (Nomad)	[phone]
Russell Kerr (Sales)

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, employee related insurance products and financial services established in 1984 with clients across the UK.

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, Bidvest, DHL, Spire Healthcare, 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 ended 31 December 2012 the group reported revenue of £27.4 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. 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 175 people.

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

 

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