Announcement of UK Regulatory Approval for Merger

RNS Number : 0855R

Premier Asset Management Group PLC

24 October 2019

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN OR INTO ANY RESTRICTED JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

24 October 2019

Premier Asset Management Group PLC

("Premier")

Announcement of UK Regulatory Approval for Merger

Premier and Miton Group plc are pleased to announce that the Financial Conduct Authority has confirmed their approval to enable the Merger between the two groups to proceed.

The transaction remains subject to final approval at a Court hearing scheduled for 13 November 2019.  The Merger Effective Date is expected to be 14 November 2019.

Unless otherwise defined, all capitalised terms in this announcement shall have the meaning given to them in the Shareholder Circular circulated to Premier shareholders on 17 September 2019.

Enquiries:

Premier Asset Management Group PLC	Tel: [phone] Neil Macpherson
Fenchurch (Lead Financial Adviser to Premier)	Tel: [phone] Vincent Bounie Philip Evans
Numis Securities Limited (Financial Adviser, Nominated Adviser and Joint Corporate Broker)	Tel: [phone] Kevin Cruickshank Charles Farquhar
Smithfield Consultants (Financial PR)	Tel: [phone] John Kiely Andrew Wilde

Note to editors 

About Premier

Premier is a UK retail asset management group with a focus on delivering good investment outcomes for investors through relevant products and active management across its range of investment strategies, which include multi-asset, equity and absolute return funds.  Premier had £6.6 billion of assets under management as at 30 September 2019.

LEI Number: 213800LK2M4CLJ4H2V85

 

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