Premier Miton Group PLC Director / PDMR Dealing (5047F)
March 09 2020 - 12:11PM
UK Regulatory
TIDMPMI
RNS Number : 5047F
Premier Miton Group PLC
09 March 2020
9 March 2020
Premier Miton Group plc
("Premier Miton" or the "Company")
Director / PDMR Dealing
Premier Miton Group plc (AIM: PMI) today announces that it has
been notified of the following transactions in the Company's
ordinary shares of 0.02p each (the "Shares").
Vesting of Shares
On 7 March 2020 awards over a total of 1,184,476 Shares vested
to certain Persons Discharging Managerial Responsibilities
("PDMRs") and other employees (the "Vesting"). On 7 March 2017, the
Company (formerly Premier Asset Management Group plc ("Premier"))
had announced that nil-cost contingent share rights (the "Retention
Awards") had been granted over an aggregate of 1,216,667 Shares in
Premier to certain PDMRs and other employees. The Retention Awards
had a three year vesting period and were satisfied from Shares held
in an Employee Benefit Trust. A Retention Award over 166,666 Shares
vested in full to Mike O'Shea, PDMR.
Transfer of Shares
The transfer by Mike O'Shea, PDMR, of 663,313 Shares to a Family
Trust account pursuant to an instruction given today.
As a result of the Vesting and Transfer of Shares, Mike O'Shea,
Chief Executive Officer, a PDMR of the Company, now holds interests
over the following number of Shares in the Company:
PDMR Shares vested Shares transferred Total Interests Percentage of
over Shares Issued Share
Capital
Michael O'Shea 166,666 663,313 2,816,672* 1.78%
-------------- ------------------- ---------------- --------------
* including Shares held by his spouse and in their respective
SIPPs.
The notification below, made in accordance with the requirements
of the EU Market Abuse Regulation, provides further detail.
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 the Company
----------------------- ---------------------------------------------
b) Initial notification Initial notification
/Amendment
----------------------- ---------------------------------------------
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 Ordinary shares of 0.02p each in Premier
of the financial Miton Group plc.
instrument, ISIN: GB00BZB2KR63
type of instrument
Identification
code
----------------------- ---------------------------------------------
b) Nature of the Vesting of Ordinary Shares in Premier Miton
transaction Group plc
----------------------- ---------------------------------------------
c) Price(s) and Price- nil
volume(s) Volume: 166,666
----------------------- ---------------------------------------------
d) Aggregated information n/a
----------------------- ---------------------------------------------
e) Date of the 7(th) March 2020
transaction
----------------------- ---------------------------------------------
f) Place of the Outside a trading venue
transaction
----------------------- ---------------------------------------------
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 the Company
----------------------- ---------------------------------------------
b) Initial notification Initial notification
/Amendment
----------------------- ---------------------------------------------
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 Ordinary shares of 0.02p each in Premier
of the financial Miton Group plc.
instrument, ISIN: GB00BZB2KR63
type of instrument
Identification
code
----------------------- ---------------------------------------------
b) Nature of the Vesting of Ordinary Shares in Premier Miton
transaction Group plc
----------------------- ---------------------------------------------
c) Price(s) and Price- nil
volume(s) Volume: 663,313
----------------------- ---------------------------------------------
d) Aggregated information n/a
----------------------- ---------------------------------------------
e) Date of the 9(th) March 2020
transaction
----------------------- ---------------------------------------------
f) Place of the Outside a trading venue
transaction
----------------------- ---------------------------------------------
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 / Huw
Jeremy 020 7260 1000
Liberum Capital Limited (Joint Broker)
Richard Crawley / Jamie Richards 020 3100 2000
Smithfield Consultants (Financial PR)
John Kiely / Andrew Wilde 020 3047 2544
Notes to editors:
Premier Miton 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 GBP11.6 billion as at 31 December
2019.
Notification and public disclosure of transactions by persons
discharging managerial
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
DSHFLFIDVTIAIII
(END) Dow Jones Newswires
March 09, 2020 13:11 ET (17:11 GMT)
Premier Asset Management (LSE:PAM)
Historical Stock Chart
From Apr 2024 to May 2024
Premier Asset Management (LSE:PAM)
Historical Stock Chart
From May 2023 to May 2024