28 April 2023
Premier Miton Group plc
('Premier Miton' or the 'Company')
PDMR/Director Dealing
Premier Miton Group plc (AIM: PMI) has been notified that on 27 April 2023, an award over 400,000 ordinary shares in the Company ('Shares') in the form of a nil cost contingent share award, granted on 14 April 2020 and which vested on 14 April 2023, was automatically exercised via an irrevocable market instruction placed by the EBT on 14 April 2023, in favour of Mike O'Shea, a PDMR. The Shares are satisfied from an Employee Benefit Trust.
Of those Shares awarded, 200,402 Shares were sold to satisfy the resultant income tax and National Insurance liability and the balance of 199,598 Shares will transfer to Mike O'Shea in satisfaction of the award.
The notification below, made in accordance with the requirements of UK Market Abuse Regulation, provides further detail.
1. |
Details of PDMR / person closely associated with them ('PCA') |
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a) |
Name |
Michael O'Shea |
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2. |
Reason for the notification |
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a) |
Position / status |
Director |
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b) |
Initial notification / amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Premier Miton Group plc |
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b) |
LEI |
213800LK2M4CLJ4H2V85 |
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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 |
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a) |
Description of the financial instrument, type of financial instrument Identification Code |
Ordinary Shares of 0.02p each in Premier Miton Group plc ISIN: GB00BZB2KR63
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b) |
Nature of the transaction |
Vesting of nil cost contingent share award
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information Aggregated volume Price |
400,000 Shares vested 200,402 Shares sold to cover tax liabilities Total Price: £179,170.94
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e) |
Date of the transaction |
27 April 2023
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f) |
Place of the transaction |
London Stock Exchange (AIMX) |
For further information, please contact:
Enquiries:
Premier Miton Group plc Mike O'Shea, Chief Executive Officer
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01483 306 090
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Investec Bank plc (Nominated Adviser and Broker) Bruce Garrow / Ben Griffiths / Virginia Bull / Harry Hargreaves
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020 7260 1000
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Edelman Smithfield Consultants (Financial PR) John Kiely / Latika Shah
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07785 275665/ 07950 671948
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Notes to editors:
Premier Miton Investors is focused on delivering good investment outcomes for investors through relevant products and active management across its range of investment strategies, which include equity, fixed income, multi-asset and absolute return.
LEI Number: 213800LK2M4CLJ4H2V85