PDMR Dealing and Issue of Equity

PDMR Dealing and Issue of Equity

Press Release 20 July 2016

Personal Group Holdings plc

("Personal Group", the "Company" or the "Group")

PDMR Dealing and Issue of Equity

Personal Group Holdings Plc (AIM: PGH), a leading provider of employee benefits, employee related insurance products and financial services in the UK, announces that David Walker, Chief Commercial Officer, exercised options over 21,348 Ordinary Shares in the Company at a price of nil pence per share. These options had been granted under the Company’s Long Term Incentive Plan. These shares were immediately sold at £4.70 per Ordinary Share on the 19th July 2016. Following this transaction, David Walker has an interest of 1,060 Ordinary Shares, representing 0.003% of the issued ordinary share capital of the Company. The Company has allotted a total of 21,348 new Ordinary Shares of 5p each ("New Shares") in connection with the above exercise. Application will be made for the New Shares to be admitted to trading on AIM ("Admission") and it is expected that Admission will take place on 25 July 2016. Following Admission, the Company will have 30,594,098 Ordinary Shares in issue admitted to trading on AIM. The below notification made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail. Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.  

1   Details of the person discharging managerial responsibilities / person closely associated
a) Name David Walker
2 Reason for the notification
a) Position/status Chief Commercial Officer
b) Initial notification /Amendment Initial notification
3 Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a) Name Personal Group Holdings Plc
b) LEI (Pending)
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 in Personal Group Holdings plc Identification code for Personal Group Holdings Plc ordinary shares: GB0002760279  
b) Nature of the transaction Exercise of options granted under the Personal Group Holdings PLC Long Term Incentive Plan and subsequent sale of those ordinary shares issued in connection with that exercise
c) Price(s) and volume(s)
Price(s) Volume(s)
Nil 21,348 options exercised
£4.70 each 21,348 ordinary shares sold
d) Aggregated information   - Aggregated volume   - Price N/A
e) Date of the transaction 19 July 2016
f) Place of the transaction London Stock Exchange, AIM


- ENDS -

  For more information please contact:

Personal Group Holdings Plc  
Mike Dugdale – Chief Financial Officer +44 (0)1908 605 000


Cenkos Securities Plc  
Max Hartley / Stephen Keys (Nomad) +44 (0)20 7397 8900
Russell Kerr (Sales)  

  Media enquiries:

Abchurch Communications  
Alex Shaw / Nessyah Hart +44 (0)20 7398 7700
alex.shaw@abchurch-group.com www.abchurch-group.com

Notes to Editors   With over 30 years' experience of looking after its customers' employees, Personal Group Holdings Plc (AIM: PGH) is a leading provider of employee benefits and employee related insurance products, offering benefits programmes to over 2 million employees across the UK. 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 offering compelling to blue chip clients across the UK as a way of attracting, retaining and motivating employees.  The Group tailors its packages to include insurance products such as hospital and convalescence plans, death benefit and income protection plans, as well as lifestyle benefits such as holiday and retail discounts, health and wellbeing benefits and a range of tax efficient benefits.   Personal Group can also supply home technology via salary sacrifice through its subsidiary Let’s Connect.  Offering the latest iPads and other tablets, home computers and laptops, smart phones and smart TVs is a highly engaging benefit from which both the employer and employee can profit. In April 2015 the Group established its own Mobile Virtual Network Operator (MVNO) called Personal Group Mobile Ltd. which was achieved through the acquisition of the assets of shebang Technologies Ltd. This means that home technology, including handsets and airtime, can be provided via salary sacrifice with a reduction of c10-47% on costs to its client’s employees.   Personal Group has a strong client base across a range of sectors including transport, where it works with the likes of Network Rail, Stagecoach and EYMS Group Ltd, and healthcare, where clients include Four Seasons Health Care, Priory Group and Spire Healthcare. The Group also covers logistics, with companies such as TNT Express and Bibby, and motoring with Manheim and JCT600 as clients. In addition the Group also has a strong presence in food manufacturing and service and clients include 2 Sisters Food Group and Young's Seafood.   With over 520 clients the Group has grown considerably and provides engaging and effective benefits packages across a breadth of sectors.   For further information, go to www.personal-group.com.

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