Personal Group Holdings PLC Dividend and AGM Notification (9488V)
August 13 2020 - 2:00AM
UK Regulatory
TIDMPGH
RNS Number : 9488V
Personal Group Holdings PLC
13 August 2020
Press Release 13 August 2020
Personal Group Holding PLC
(the "Company", "Personal Group", "PGH" or "Group")
Dividend and AGM Notification
Personal Group PLC, a leading provider of employee services in
the UK, announces that its third dividend for 2020 of 5.9p per
share will be paid on 25 September 2020 to members on the register
as at 21 August 2020 (the record date). Shares will be marked
ex-dividend on 20 August 2020. The last day for elections will be
on 4 September 2020.
As detailed in the Company's trading update released on 7
August, while acknowledging the impact that the outbreak of
COVID-19, and the associated societal changes, have had on the
business performance so far in 2020, the Company has had a positive
start to the year and maintains a strong balance sheet with no
debt. As a result, the board has taken the decision to restore
dividend payments for Q3 to normal levels following the reduction
in the dividend payment in Q2. The board will again revisit and
review the remaining 2020 dividend payment later in the year, while
continuing to monitor the impact of the COVID-19 situation on the
business.
This dividend, the third of four to be announced this year,
represents a 1.3 per cent. increase over the equivalent period last
year, reflecting a return to the Company's progressive dividend
policy.
-ENDS-
For more information please contact:
Personal Group Holdings Plc
Deborah Frost / Mike Dugdale +44 (0)1908 605 000
Cenkos Securities Plc
Max Hartley / Callum Davidson (Nomad) +44 (0)20 7397 8900
Russell Kerr (Sales)
Hudson Sandler
Nick Lyon / Lucy Wollam +44 (0)20 7796 4133
Notes to Editors
Personal Group Holdings Plc (AIM: PGH) is a technology enabled
employee services business, working with employers to drive
productivity though better employee engagement and a more motivated
workforce. With over 35 years' experience, the Company provides
employee benefits and services to a large number of employees
across the UK.
Personal Group's offer comprises in-house services, including
employee insurance products (hospital, convalescence plans and
death benefit), the provision of home technology via salary
sacrifice (iPads, computers, laptops, smart phones and smart TVs),
the provision of e-payslips, and pay and reward consulting via
Innecto, the leading independent UK consultancy acquired in 2019.
Third party services include retail discounts, employee assistance
programmes, wellbeing programmes and salary sacrifice cars and
bikes.
The product offer is provided via the Company's proprietary
technology platform, Hapi. The platform is intuitive, designed
primarily for app deployment and also accessible via web and
tablet, driving better engagement, communication and value
recognition. Hapi is flexible and can quickly integrate additional
services, such as existing employee services and partner platforms.
Hapi is a digital SaaS product.
Through technology and select acquisitions, the Company has
grown its addressable market to the majority of the working
population in the UK; including 15.6m SME employees targeted via
its partnership with Sage, the UK's largest software company.
Personal Group's innovative approach to using technology to
deliver its programmes, in combination with its face-to-face method
of communicating with employees, delivers a compelling offer to
blue-chip clients across the UK as a way of attracting, retaining
and motivating employees. The acquisition of Innecto in February
2019 allows Personal Group to engage with clients earlier in their
thinking around Pay and Reward, and to interact with a new base of
blue-chip and fast growth clients typically at HR Director and CEO
level.
Personal Group has a strong client base across a diverse range
of sectors. Clients include: Arsenal F.C., Barchester Healthcare
Ltd, DHL Supply Chain Limited, The Go-Ahead Group plc, Samworth
Brothers Ltd, Independent Television News, Stagecoach Group plc and
Wincanton plc.
For further information, please see www.personalgroup.com
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END
DIVSFEFFEESSELA
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