12
April 2024
PHSC
PLC
("PHSC"
or the
"Company")
Update
re:
Director's
Shareholding
PHSC (AIM: PHSC), a leading provider of health,
safety, hygiene and environmental consultancy services and security
solutions to the public and private sectors, has been informed that
the current shareholding of Stephen
King (Chairman and CEO) consists of 2,018,253 ordinary
shares of 10p each in the capital of the Company ("Ordinary
Shares").
Accordingly, his previously disclosed shareholding
position on 2 April 2024 was
overstated by 197,649 Ordinary Shares. It has been
determined that such overstatement is principally due to a series
of historic, low value, share sales between 21 January 2010 and 31
March 2016, undertaken on Mr King's behalf in connection
with his personal long term retirement planning which were not
previously notified due to an administrative oversight. Full
details of these disposals are set out in the following
table:
|
Date of
Sale |
Number of Ordinary
Shares |
Price Per Ordinary Share
(pence) |
Gross
Consideration(£)
|
|
21.01.10 |
5,000 |
18.55 |
927.50 |
|
07.04.10 |
5,949 |
18.30 |
1,088.67 |
|
03.09.10 |
10,910 |
21.50 |
2,345.65 |
|
06.09.10 |
10,000 |
21.00 |
2,100.00 |
|
15.10.10 |
13,801 |
18.00 |
2,484.18 |
|
20.10.10 |
7,000 |
17.00 |
1,190.00 |
|
21.10.10 |
5,000 |
17.00 |
850.00 |
|
27.10.10 |
13,000 |
17.00 |
2,210.00 |
|
11.01.11 |
10,000 |
14.525 |
1,452.50 |
|
19.01.11 |
10,000 |
15.00 |
1,500.00 |
|
26.01.11 |
10,000 |
15.00 |
1,500.00 |
|
08.02.11 |
18,947 |
16.275 |
3,083.62 |
|
09.08.12 |
6,176 |
22.40 |
1,383.42 |
|
17.08.12 |
15,000 |
24.50 |
3,675.00 |
|
20.12.12 |
7,142 |
23.00 |
1,642.66 |
|
20.05.13 |
6,738 |
26.00 |
1,751.88 |
|
30.03.16 |
18,000 |
24.27 |
4,369.00 |
|
31.03.16 |
25,000 |
23.375 |
5,843.75 |
Mr King's current shareholding of 2,018,253
Ordinary Shares comprises 1,945,902 Ordinary Shares held in his
SIPP, 32,500 Ordinary Shares held in nominee accounts outside of
his SIPP and 39,851 Ordinary Shares held in the name of his spouse
representing, in aggregate, 19.63 percent. of the Company's current
issued share capital.
For further information
please contact:
PHSC plc
Stephen
King
Tel: 01622 717 700
Stephen.king@phsc.co.uk
www.phsc.plc.uk
Strand Hanson Limited
(Nominated
Adviser)
Tel: 020 7409 3494
James Bellman /
Matthew
Chandler
Novum Securities Limited
(Broker)
Tel: 020 7399
9427
Colin
Rowbury
About PHSC
PHSC, through its trading subsidiaries, Personnel
Health & Safety Consultants Ltd, RSA Environmental Health Ltd,
QCS International Ltd, Inspection Services (UK) Ltd and Quality
Leisure Management Ltd, provides a range of health, safety,
hygiene, environmental and quality systems consultancy and training
services to organisations across the UK. In addition, B2BSG
Solutions Ltd offers innovative security solutions including
tagging, labelling and CCTV.
The information contained within this announcement is
deemed by the Company to constitute inside information as
stipulated under the Market Abuse Regulation (EU) No. 596/2014 as
it forms part of United Kingdom
domestic law by virtue of the European Union (Withdrawal) Act 2018,
as amended by virtue of the Market Abuse (Amendment) (EU Exit)
Regulations
2019.