Director/PDMR/PCA shareholding

RNS Number : 4098Y

Premier Asset Management Group PLC

05 December 2017

 

5 December 2017

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 transaction in the Company's ordinary shares of 0.02p each (the "Shares"), undertaken by Michael O'Shea, Chief Executive Officer, a person discharging managerial responsibility.

Mr O'Shea's remaining shareholding in the Company is 3,229,369 ordinary shares of 0.02p each, including the interest of his spouse and their respective SIPPs via HSBC Global Custody Nominee (UK).

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

Enquiries:

Premier Asset Management Group PLC	Tel: [phone] Mike O'Shea
Numis Securities Limited (Nomad and Broker)	Tel: [phone] Kevin Cruickshank Charles Farquhar
Liberum Capital Limited (Joint Broker)	Tel: [phone] Richard Crawley Jamie Richards
Smithfield Consultants (Financial PR)	Tel: [phone] 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 £6.3 billion of assets under management as at 28 November 2017. 

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	Sale of Ordinary Shares
c)	Price(s) and volume(s)	Price- 210p Volume: 483,264
d)	Aggregated information	n/a
e)	Date of the transaction	4 December, 2017
f)	Place of the transaction	London Stock Exchange (XLON), AIM Market

 

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