Grant of Share Award

RNS Number : 8117N

Premier Miton Group PLC

22 May 2020

 

22 May 2020

Premier Miton Group plc

("Premier Miton" or the "Company")

Grant of Share Award

Premier Miton Group plc (AIM: PMI) announces that it has granted nil cost contingent share rights (the 'Awards') over ordinary shares of 0.02p each in the Company (the 'Shares') in accordance with the provisions of the 2016 LTIP Rules.

On 14 April 2020, the Company granted Awards over 2,055,000 Shares, subject to certain retention arrangements, to certain employees and one Person Discharging Managerial Responsibilities ('PDMR'). The Awards will be satisfied from the Eastgate Court Trust for which Rysaffe Trustee Company (C.I.) Limited acts as Trustee.

Vesting of the Awards is subject to continued employment and malus and clawback provisions. These Awards will usually vest on the third anniversary of the date of grant although they may vest earlier if there is a change of control event or, in certain circumstances, if a participant becomes a good leaver.  

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	Michael 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	Grant of Retention Award subject to a retention period
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 400,000
d)	Aggregated information Aggregated volume Price	N/A
e)	Date of the transaction	14 April 2020
f)	Place of the transaction	Outside a trading Venue

Enquiries:

Premier Miton Group plc	Tel: [phone] Mike O'Shea
Numis Securities Limited (NOMAD and Broker)	Tel: [phone] Huw Jeremy / 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 Miton

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 multi-asset, equity, absolute return and fixed income. The Company had assets under management of £9.1 billion at 31 March 2020.

LEI Number: 213800LK2M4CLJ4H2V85

 

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