Director/PDMR Dealings & Issue of Equity

Director/PDMR Dealings & Issue of Equity

Wednesday, April 4, 2018

Press Release                                                                                                                                    4th April 2018

Personal Group Holdings Plc
("the Company" or "the Group")

The Company has been informed that Mark Scanlon, Chief Executive Officer, exercised options over 38,683 ordinary shares of 5p each in the Company (“Ordinary Shares”) at nil exercise cost. These options had been granted under the Company’s Long Term Incentive Plan (“LTIP”), as detailed in its RNS released on 30 November 2017.

Following the exercise, he sold 18,500 Ordinary Shares to cover the associated tax charges at a price of £3.95 per share on 3 April 2018.

Following this transaction, Mark Scanlon has increased his total interest in shares to 152,529 Ordinary Shares representing 0.494% of the issued ordinary share capital of the Company.

Furthermore, the Company has also been informed that Mike Dugdale, Chief Financial Officer exercised options previously granted under the LTIP over 46,351 Ordinary Shares at nil exercise cost, which he subsequently sold at a price of £3.95 per share on 3 April 2018. Following this transaction, Mike Dugdale has a total interest in 68,548 Ordinary Shares, including his wife’s holding of 13,671 shares, representing 0.222% of the issued ordinary share capital of the Company.

The Company has allotted a total of 85,034 new Ordinary Shares of 5p each ("New Shares") in connection with the above exercises. Application has been made for the New Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will take place on 10 April 2018.

Following Admission, the Company will have 30,884,925 Ordinary Shares in issue.  The Company does not hold any Ordinary Shares in treasury.  Therefore the total number of Ordinary Shares in the Company with voting rights is 30,884,925.

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

 

Mark Scanlon

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Executive Officer

b)

 

Initial notification /Amendment

 

Initial

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 financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 5p each

 

 

ISIN: GB0002760279

 

b)

 

Nature of the transaction

 

Exercise of options over ordinary shares

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£nil

38,683 ordinary shares

 

d)

 

Aggregated information

 

- Aggregated volume

 

 

- Price

 

 

 

N/A – single transaction

 

 

 

 

e)

 

Date of the transaction

 

 

3 April 2018

f)

 

Place of the transaction

 

 

Outside a trading venue

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

Mark Scanlon

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Executive Officer

b)

 

Initial notification /Amendment

 

Initial

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 financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 5p each

 

 

ISIN: GB0002760279

 

b)

 

Nature of the transaction

 

Sale of ordinary shares

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£3.95

18,500 ordinary shares

 

d)

 

Aggregated information

 

- Aggregated volume

 

 

- Price

 

 

 

N/A – single transaction

 

 

 

 

e)

 

Date of the transaction

 

 

3 April 2018

f)

 

Place of the transaction

 

 

London Stock Exchange

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Mike Dugdale

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Financial Officer

b)

 

Initial notification /Amendment

 

Initial

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 financial instrument, type of instrument

 

Identification code

Ordinary shares of 5p each

 

 

ISIN: GB0002760279

b)

 

Nature of the transaction

 

 

Exercise of options over ordinary shares

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£nil

46,351 ordinary shares

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

 

N/A – single transaction

 

 

 

 

 

e)

 

Date of the transaction

 

3 April 2018

f)

 

Place of the transaction

 

Outside a trading venue

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

 

a)

 

Name

 

 

Mike Dugdale

2

 

Reason for the notification

 

a)

 

Position/status

 

 

Chief Financial Officer

b)

 

Initial notification /Amendment

 

Initial

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 financial instrument, type of instrument

 

Identification code

Ordinary shares of 5p each

 

 

ISIN: GB0002760279

b)

 

Nature of the transaction

 

 

Sale of ordinary shares

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£3.95

46,351 ordinary shares

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 

N/A – single transaction

 

 

 

 

e)

 

Date of the transaction

 

3 April 2018

f)

 

Place of the transaction

 

London Stock Exchange

 

 

- ENDS -

 For more information please contact:

 

Personal Group Holdings Plc

 

Mark Scanlon

+44 (0)1908 605 000

Philip Dennis (IR)

+44 (0)7947 868 206

Philip.Dennis@personalgroup.com

 

Cenkos Securities Plc

 

Max Hartley / Stephen Keys (Nomad)

+44 (0)20 7397 8900

Russell Kerr (Sales)

 

 

 Media enquiries:

Hudson Sandler

 

Nick Lyon / Sophie Lister/ Lucy Wollam

+44 (0)207796 4133

www.personalgroup@hudsonsandler.com

News Categories

 

Get all the latest news and information from us by signing up to our newsletter.