Premier Asset Management Group PLC
("Premier" or the "Company")
Director/PDMR/PCA shareholding
Premier Asset Management Group PLC (AIM: PAM) today announces that it has been notified of the following transactions in the Company's ordinary shares of 0.02p each (the "Shares") undertaken by certain directors, persons discharging managerial responsibility and persons closely associated with them, as a result of the re-registration of the nominee account of each individual's SIPP provider. There has been no change of beneficial ownership as a result of this transfer of the legal title to Shares from TM Trustees Limited to HSBC Global Custody Nominee (UK) Limited.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Enquiries:
Premier Asset Management Group PLC |
Tel: 01483 306090 Mike O'Shea
|
Stifel Nicolaus Europe Ltd trading as KBW (Nomad and Joint Broker) |
Tel: 0207 710 7600 Gareth Hunt Stewart Wallace
|
Numis Securities Limited (Joint Broker)
|
Tel: 020 7260 1000 Andrew Holloway Charles Farquhar |
Smithfield Consultants (Financial PR)
|
Tel: 020 3047 2476 John Kiely Andrew Wilde
|
Note to editors
About Premier
Premier is a fast‐growing 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 £5.5 billion of assets under management as at 31 March 2017.
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide 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 |
Michael O'Shea - Chief Executive Officer
|
2 |
Reason for the notification |
|
a) |
Position/status |
Chief Executive Officer - classified as PDMR of Premier Asset Management Group PLC |
b) |
Initial notification /Amendment |
Initial notification |
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
a) |
Name |
Premier Asset Management Group PLC |
b) |
LEI |
213800LK2M4CLJ4H2V85 |
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 0.02p each in Premier Asset Management Group PLC. ISIN: GB00BZB2KR63 |
b) |
Nature of the transaction |
Re-registration of ordinary shares with SIPP provider |
c) |
Price(s) and volume(s)
|
Price- nil Volume: 275,000
|
d)
|
Aggregated information
|
n/a |
e) |
Date of the transaction |
3rd May, 2017 |
f) |
Place of the transaction |
Outside a trading venue |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
a) |
Name |
Neil Macpherson - Group Finance Director
|
2 |
Reason for the notification |
|
a) |
Position/status |
Group Finance Director - classified as PDMR of Premier Asset Management Group PLC |
b) |
Initial notification /Amendment |
Initial notification |
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
a) |
Name |
Premier Asset Management Group PLC |
b) |
LEI |
213800LK2M4CLJ4H2V85 |
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 0.02p each in Premier Asset Management Group PLC. ISIN: GB00BZB2KR63 |
b) |
Nature of the transaction |
Re-registration of ordinary shares with SIPP provider |
c) |
Price(s) and volume(s)
|
Price- nil Volume: 41,550
|
d)
|
Aggregated information
|
n/a |
e) |
Date of the transaction |
3rd May, 2017 |
f) |
Place of the transaction |
Outside a trading venue |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
a) |
Name |
Mark Friend - Chief Operating Officer
|
2 |
Reason for the notification |
|
a) |
Position/status |
Chief Operating Officer - classified as PDMR of Premier Asset Management Group PLC |
b) |
Initial notification /Amendment |
Initial notification |
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
a) |
Name |
Premier Asset Management Group PLC |
b) |
LEI |
213800LK2M4CLJ4H2V85 |
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 0.02p each in Premier Asset Management Group PLC. ISIN: GB00BZB2KR63 |
b) |
Nature of the transaction |
Re-registration of ordinary shares with SIPP provider |
c) |
Price(s) and volume(s)
|
Price- nil Volume: 158,650
|
d)
|
Aggregated information
|
n/a |
e) |
Date of the transaction |
3rd May, 2017 |
f) |
Place of the transaction |
Outside a trading venue |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
a) |
Name |
Catriona O'Shea |
2 |
Reason for the notification |
|
a) |
Position/status |
Classified as PCA of Mike O'Shea, PDMR of Premier Asset Management Group PLC |
b) |
Initial notification /Amendment |
Initial notification |
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
a) |
Name |
Premier Asset Management Group PLC |
b) |
LEI |
213800LK2M4CLJ4H2V85 |
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 0.02p each in Premier Asset Management Group PLC. ISIN: GB00BZB2KR63 |
b) |
Nature of the transaction |
Re-registration of ordinary shares with SIPP provider |
c) |
Price(s) and volume(s)
|
Price- nil Volume: 291,050
|
d)
|
Aggregated information
|
n/a |
e) |
Date of the transaction |
3rd May, 2017 |
f) |
Place of the transaction |
Outside a trading venue |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
a) |
Name |
Michael Hammond- Sales Director
|
2 |
Reason for the notification |
|
a) |
Position/status |
Sales Director - classified as PDMR of Premier Asset Management Group PLC |
b) |
Initial notification /Amendment |
Initial notification |
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
a) |
Name |
Premier Asset Management Group PLC |
b) |
LEI |
213800LK2M4CLJ4H2V85 |
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 0.02p each in Premier Asset Management Group PLC. ISIN: GB00BZB2KR63 |
b) |
Nature of the transaction |
Re-registration of ordinary shares with SIPP provider |
c) |
Price(s) and volume(s)
|
Price- nil Volume: 24,600
|
d)
|
Aggregated information
|
n/a |
e) |
Date of the transaction |
3rd May, 2017 |
f) |
Place of the transaction |
Outside a trading venue |
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
a) |
Name |
David Hambidge - Head of Multi-Asset Funds
|
2 |
Reason for the notification |
|
a) |
Position/status |
Head of Multi-Asset Funds - classified as PDMR of Premier Asset Management Group PLC |
b) |
Initial notification /Amendment |
Initial notification |
3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
|
a) |
Name |
Premier Asset Management Group PLC |
b) |
LEI |
213800LK2M4CLJ4H2V85 |
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 0.02p each in Premier Asset Management Group PLC. ISIN: GB00BZB2KR63 |
b) |
Nature of the transaction |
Re-registration of ordinary shares with SIPP provider |
c) |
Price(s) and volume(s)
|
Price- nil Volume: 250,000
|
d)
|
Aggregated information
|
n/a |
e) |
Date of the transaction |
3rd May, 2017 |
f) |
Place of the transaction |
Outside a trading venue |