Director/PDMR Shareholding
11 October 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 transactions in the Company's ordinary shares of 0.02p each (the "Shares"), being transactions undertaken: (i) by the majority shareholder, Queripel Partners LP ("QP") as it sold certain shares in the Company and transferred legal title to, and beneficial interest in, all the remaining shares held by it in the Company to its limited partners (and carried interest participants), including to certain persons discharging managerial responsibility and persons closely associated with them; and (ii) by certain persons discharging managerial responsibility and persons closely associated with them as a result of the re-registration of shares in the Company held on their behalf by, and in the name of, Eastgate Court Nominees Limited into each individual's name. There has been no change of beneficial ownership as a result of the transfer from Eastgate Court Nominees Limited.
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.
Enquiries:
|
Premier Asset Management Group PLC |
Tel: 01483 306090 Mike O'Shea
|
|
Numis Securities Limited (Nomad and Broker) |
Tel: 020 7260 1000 Kevin Cruickshank Charles Farquhar
|
|
Smithfield Consultants (Financial PR) |
Tel: 020 3047 2533 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 £6.1 billion of assets under management as at 30 September 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 |
Luke Wiseman - Non Executive Director
|
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Non-Executive 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 |
Transfer from Queripel Partners LP (in-specie distribution) |
|
c) |
Price(s) and volume(s)
|
Price- n/a Volume: 1, 029,937 |
|
d)
|
Aggregated information
|
n/a |
|
e) |
Date of the transaction |
9th October 2017 |
|
f) |
Place of the transaction |
Outside a trading venue |
|
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 |
Transfer from Queripel Partners LP (in-specie distribution) |
|
c) |
Price(s) and volume(s)
|
Price- n/a Volume: 483,264
|
|
d)
|
Aggregated information
|
n/a |
|
e) |
Date of the transaction |
9th October 2017 |
|
f) |
Place of the transaction |
Outside a trading venue |
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
Michael Vogel - Chairman
|
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Chairman - 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 |
Transfer from Queripel Partners LP (in-specie distribution) |
|
c) |
Price(s) and volume(s)
|
Price- n/a Volume: 966,528
|
|
d)
|
Aggregated information
|
n/a |
|
e) |
Date of the transaction |
9th October 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 - Investment Director, Multi-Asset Funds
|
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Investment Director, 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 |
Transfer from Queripel Partners LP (in-specie distribution) |
|
c) |
Price(s) and volume(s)
|
Price- n/a Volume: 483,264
|
|
d)
|
Aggregated information
|
n/a |
|
e) |
Date of the transaction |
9th October 2017 |
|
f) |
Place of the transaction |
Outside a trading venue |
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
The Elcot Fund Limited
|
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
A legal person, being classified as PCA of Mike Vogel, 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 |
Transfer from Queripel Partners LP (in-specie distribution) |
|
c) |
Price(s) and volume(s)
|
Price- n/a Volume: 15,423,400
|
|
d)
|
Aggregated information
|
n/a |
|
e) |
Date of the transaction |
9th October 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 |
|
c) |
Price(s) and volume(s)
|
Price- nil Volume: 87,856
|
|
d)
|
Aggregated information
|
n/a |
|
e) |
Date of the transaction |
10th October 2017 |
|
f) |
Place of the transaction |
Outside a trading venue |
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
Sadie Friend |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Classified as PCA of Mark Friend, 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 |
|
c) |
Price(s) and volume(s)
|
Price- nil Volume: 175,713
|
|
d)
|
Aggregated information
|
n/a |
|
e) |
Date of the transaction |
10th October 2017 |
|
f) |
Place of the transaction |
Outside a trading venue |
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
Amanda Hambidge |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Classified as PCA of David Hambidge, 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 |
|
c) |
Price(s) and volume(s)
|
Price- nil Volume: 105,428
|
|
d)
|
Aggregated information
|
n/a |
|
e) |
Date of the transaction |
10th October 2017 |
|
f) |
Place of the transaction |
Outside a trading venue |
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
Lise Andreassen |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Classified as PCA of Simon Wilson, 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 |
|
c) |
Price(s) and volume(s)
|
Price- nil Volume: 87,856
|
|
d)
|
Aggregated information
|
n/a |
|
e) |
Date of the transaction |
10th October 2017 |
|
f) |
Place of the transaction |
Outside a trading venue |
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
Amanda Hammond |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Classified as PCA of Mike Hammond, 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 |
|
c) |
Price(s) and volume(s)
|
Price- nil Volume: 175,713
|
|
d)
|
Aggregated information
|
n/a |
|
e) |
Date of the transaction |
10th October 2017 |
|
f) |
Place of the transaction |
Outside a trading venue |
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
Alister Neil Birrell - Chief Investment Officer
|
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Chief Investment 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 |
|
c) |
Price(s) and volume(s)
|
Price- n/a Volume: 394,463
|
|
d)
|
Aggregated information
|
n/a |
|
e) |
Date of the transaction |
10th October 2017 |
|
f) |
Place of the transaction |
Outside a trading venue |
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
Simon Wilson - Marketing Director
|
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Marketing 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 |
|
c) |
Price(s) and volume(s)
|
Price- n/a Volume: 87,856
|
|
d)
|
Aggregated information
|
n/a |
|
e) |
Date of the transaction |
10th October 2017 |
|
f) |
Place of the transaction |
Outside a trading venue |
This information is provided by RNS
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