Premier Miton Group PLC Employee Benefit Trust Share Dealing (6822F)
March 10 2020 - 12:53PM
UK Regulatory
TIDMPMI
RNS Number : 6822F
Premier Miton Group PLC
10 March 2020
10 March 2020
Premier Miton Group plc
("Premier Miton" or the "Company")
Employee Benefit Trust Share Dealing
Premier Miton Group plc (AIM: PMI) has been notified by Rysaffe
Trustee Company (C.I.) Limited, Trustee of the Eastgate Court Trust
(the "EBT"), that on 9 March 2020 the EBT divested of an aggregate
of 1,184,476 ordinary shares of 0.02 pence each in the capital of
the Company (the "Shares").
Of the Shares divested, 705,555 Shares were transferred to
certain employees of the Group (the 'Participants') pursuant to
Retention Awards made on 7 March 2017 and which vested on the third
anniversary of the date of grant, 7 March 2020. The remaining
478,921 Shares were sold in the market to cover Income Tax and
National Insurance Contributions for certain of those Participants
who had elected to use the "sell to cover" cashless exercise
facility offered by the Company.
The EBT is a discretionary trust for the benefit of the
Company's employees, including the executive directors of the
Company. Following the transaction, the EBT holds a total of
4,293,925 Shares, representing approximately 2.72% of the Company's
issued share capital.
The issued share capital of the Company as at the date of this
announcement was 157,913,035 Shares. There are no shares held in
Treasury.
Enquiries:
Premier Miton Group plc Tel: 01483 306090
Mike O'Shea
Numis Securities Limited Tel: 020 7260 1000
(NOMAD and Broker) Huw Jeremy / Kevin Cruickshank
Charles Farquhar
Liberum Capital Limited Tel: 020 3100 2000
(Joint Broker) Richard Crawley
Jamie Richards
Smithfield Consultants Tel: 020 3047 2544
(Financial PR) 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 GBP11.6 billion as at 31 December
2019.
LEI Number: 213800LK2M4CLJ4H2V85
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
DSHDZGMFNGLGGZM
(END) Dow Jones Newswires
March 10, 2020 13:53 ET (17:53 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