Prime People PLC Exercise of Options and PDMR Shareholding (7566I)

TIDMPRP

RNS Number : 7566I

Prime People PLC

12 August 2019

Prime People plc

("Prime People" or the "Company")

Exercise of Options, Transaction in Own Shares and PDMR Shareholding

Prime People plc (AIM:PRP) announces that it today transferred a total of 12,500 ordinary shares of 10 pence each in the capital the Company ("Ordinary Shares") from its treasury account to satisfy employee share options, exercised at a price of 10 pence per Ordinary Share, within the terms of the Company's Enterprise Management Incentive Share Option Scheme.

Included in this total are 10,000 Ordinary Shares acquired by Simon Crabb, a person discharging managerial responsibilities of the Company. Following this transaction, Mr. Crabb holds 115,810 Ordinary Shares, representing approximately 0.96 per cent of the Company's issued share capital.

Following the above transactions, the Company's issued share capital comprises 12,290,199 Ordinary Shares, of which a total of 183,176 Ordinary Shares are held in treasury. Therefore, the total number of Ordinary Shares with voting rights in Prime People is 12,107,023, which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure Guidance and Transparency Rules.

The notification below, made in accordance with the requirements of the Market Abuse Regulation, provides further detail.

For further information, please contact:

 
 
 Prime People                        020 7318 1785 
 Donka Zaneva-Todorinski, Finance 
  Director 
 
 
 Cenkos Securities plc               020 7397 8900 
 Katy Birkin/Harry Hargreaves

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                                      Simon John Crabb 
      ----------------------------------------  ----------------------------------- 
 2     Reason for the notification 
      ----------------------------------------------------------------------------- 
 a)    Position/status                           PDMR of Macdonald and Company 
                                                  Property Limited 
      ----------------------------------------  ----------------------------------- 
 b)    Initial notification/Amendment            Initial Notification 
      ----------------------------------------  ----------------------------------- 
 3     Details of the issuer, emission allowance market participant, 
        auction platform, auctioneer or auction monitor 
      ----------------------------------------------------------------------------- 
 a)    Name                                      Prime People Plc 
      ----------------------------------------  ----------------------------------- 
 b)    LEI                                       213800IY9PFL1DOWHY26 
      ----------------------------------------  ----------------------------------- 
 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              Ordinary Shares of 10p each 
        instrument, type of instrument 
      ----------------------------------------  ----------------------------------- 
       Identification code                       GB00B4ZG0R74 
      ----------------------------------------  ----------------------------------- 
 b)    Nature of the transaction                 Acquisition of Ordinary Shares 
                                                  following exercise of options 
                                                  under the Company's Enterprise 
                                                  Management Incentive Share 
                                                  Option Scheme 
      ----------------------------------------  ----------------------------------- 
 c)    Price(s) and volumes(s)                       Price(s)          Volume(s) 
      ----------------------------------------  -----------------  ---------------- 
                              GBP0.10                                   10,000 
  ---------------------------------------------------------------  ---------------- 
 d)    Aggregated information                    N/A single transaction 
      ----------------------------------------  ----------------------------------- 
  Aggregated volume                         N/A single transaction 
 ----------------------------------------  ---------------------------------------- 
  Price                                     N/A single transaction 
 ----------------------------------------  ---------------------------------------- 
 e)    Date of the transaction                   12 August 2019 
      ----------------------------------------  ----------------------------------- 
 f)    Place of the transaction                  Outside trading venue 
      ----------------------------------------  -----------------------------------

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

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August 12, 2019 09:20 ET (13:20 GMT)

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