MGR Miton Group Plc

TIDMMGR

RNS Number : 7208Q

Miton Group Plc

01 December 2016

1 December 2016

Miton Group plc

Director dealings

Miton Group plc (AIM:MGR.LN) announces that yesterday the trustee of the Company's Share Incentive Plan operating through Miton ESOP Trustee Ltd, a UK registered company, purchased 19,890 ordinary shares of 0.1 pence each ("Shares") at an allocation cost of 30.9199p pence per Share as "partnership shares" under the Company's Share Incentive Plan. The purchases were made in the open market. The allocation cost is calculated on the basis of the closing mid-market price on the day before the acquisition.

In connection with and on the same date as the above purchase all participants in the scheme were awarded Shares as "matching shares" under the Company's Share Incentive 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.

PDMR transaction disclosures required under the Market Abuse Regulation are as summarised below:

 
 PDMR         Partnership   Matching       Total       % of current 
                 shares      shares       holding         issued 
                acquired     awarded     following        shares 
                                        notification 
-----------  ------------  ---------  --------------  ------------- 
 Gervais 
  Williams         485         485        9,113,944        5.21% 
-----------  ------------  ---------  --------------  ------------- 
 

ENDS

For further information, please contact:

Miton Group plc

   Roger Bennett (Company Secretary)                         020 3714 1500 

Peel Hunt (Nominated adviser and Broker)

   Guy Wiehahn                                                              020 7418 8893 

www.mitongroup.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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