Director/PDMR Shareholding

RNS Number : 7833W

Premier Miton Group PLC

27 April 2021

 

27 April 2021

Premier Miton Group plc

('Premier Miton' or the 'Company')

PDMR/Director Dealing

Premier Miton Group plc (AIM: PMI) announces that today the trustee of the Company's Share Incentive Plan operating through Global Shares Trustees (UK) Limited, a UK registered company, acquired 17,388 ordinary shares of 0.02 pence each ('Ordinary Shares') at a cost of 169 pence per Ordinary Share for the Company's Share Incentive Plan ('Plan'). The purchases were made in the open market.

The Ordinary Shares detailed above have been used to satisfy the following transactions:

-  Award of 8,694 Ordinary Shares as 'partnership shares' under the Plan;

-  Award of 8,694 Ordinary Shares as 'matching shares' under the Plan.  No consideration was paid by the grantees for the award of the matching shares and no consideration is due on the release of the matching shares.

The risk of forfeiture attached to the matching shares will normally be removed on the third anniversary of allocation subject to continued employment and the retention of the partnership shares in connection with which they were awarded.

As part of the transactions referred to above and pursuant to disclosure requirements under the Market Abuse Regulation, certain PDMRs acquired Ordinary Shares as follows:

Director	Partnership shares acquired	Matching shares awarded	Total Interests over Ordinary Shares	% of current issued capital
Piers Harrison	1,065	1,065	49,809	0.03%
Mike O'Shea	1,065	1,065	3,485,944 *	2.21%

* includes beneficial interests of spouse and a family trust for which Mike O'Shea acts as Trustee.

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

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	Piers Harrison
2.	Reason for the notification
a)	Position / status	Director
b)	Initial notification / amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Premier Miton 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 financial instrument Identification Code	Ordinary Shares of 0.02p each in Premier Miton Group plc ISIN: GB00BZB2KR63
b)	Nature of the transaction	PDMR acquired "partnership shares" and was awarded "matching shares" through the Company's share incentive scheme.
c)	Price(s) and volume(s)	Price(s) Volume(s) Partnership shares £1.69 1,065 Matching shares 0p (nil) per share 1,065
d)	Aggregated information Aggregated volume Price	Price(s) Volume(s) Partnership shares £1.69 1,065 Matching shares 0p (nil) per share 1,065
e)	Date of the transaction	27 April 2021
f)	Place of the transaction	London Stock Exchange

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	Mike O'Shea
2.	Reason for the notification
a)	Position / status	Director
b)	Initial notification / amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Premier Miton 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 financial instrument Identification Code	Ordinary Shares of 0.02p each in Premier Miton Group plc ISIN: GB00BZB2KR63
b)	Nature of the transaction	PDMR acquired "partnership shares" and was awarded "matching shares" through the Company's share incentive scheme.
c)	Price(s) and volume(s)	Price(s) Volume(s) Partnership shares £1.69 1,065 Matching shares 0p (nil) per share 1,065
d)	Aggregated information Aggregated volume Price	Price(s) Volume(s) Partnership shares £1.69 1,065 Matching shares 0p (nil) per share 1,065
e)	Date of the transaction	27 April 2021
f)	Place of the transaction	London Stock Exchange

For further information, please contact:

Premier Miton Group plc Mike O'Shea, Chief Executive Officer	01483 306 090
Numis Securities Limited (NOMAD and Broker) Charles Farquhar / Kevin Cruickshank	020 7260 1000
Liberum Capital Limited (Joint Broker) Richard Crawley / Jamie Richards	020 3100 2000
Smithfield Consultants (Financial PR) John Kiely / Andrew Wilde / Imogen Gardam	020 3047 2544 / 07785 275665

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

 

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