20 December 2024
Premier
Miton Group plc
('Premier
Miton' or the 'Company')
PDMR/Director Dealing
Premier Miton Group plc (AIM: PMI)
has been notified that yesterday, awards over a total of 199,171
ordinary shares in the Company ('Shares') in the form of a nil cost
contingent share awards, granted in accordance with the 2016 LTIP
rules on 1 June 2022 for the performance period 1 October 2021 to
30 September 2024, which vested on 14 December 2024, were
automatically exercised via irrevocable market instructions placed
by the Employee Benefit Trusts ('EBTs') on 16 December 2024,
in favour of PDMRs Mike O'Shea and Piers Harrison.
The Shares are satisfied from Employee Benefit Trusts.
Of those Shares, a total of 99,791
Shares were sold to satisfy the resultant income tax and National
Insurance liabilities and the balances of 57,972 Shares and 41,408
Shares will transfer to Mike O'Shea and Piers Harrison
respectively, in satisfaction of their awards.
Mike O'Shea's and Piers Harrison's
resultant shareholdings in the Company are 4,392,565
Shares1,2 (representing approximately 2.71% of the
issued share capital) and 256,2301 Shares (representing
approximately 0.16% of the issued share capital)
respectively.
The notification below, made in
accordance with the requirements of UK 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 nil cost contingent shares
in accordance with the 2016 LTIP rules
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
Nil
|
116,183 Shares vested
|
|
59.35 pence per share
|
58,211 shares sold to cover tax and
NIC
|
|
|
|
|
|
d)
|
Aggregated information
Aggregated volume
Price
|
N/A single transaction
|
|
e)
|
Date of the transaction
|
19 December 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
(AIMX)
|
|
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
|
Grant of nil cost contingent share
award in accordance with the 2016 LTIP rules
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
Nil
|
82,988 Shares vested
|
|
59.35 pence per share
|
41,580 shares sold to cover tax and
NIC
|
|
|
|
|
|
d)
|
Aggregated information
Aggregated volume
Price
|
N/A single transaction
|
|
e)
|
Date of the transaction
|
19 December 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
(AIMX)
|
Notes:
1.
Total holding includes shares in the HMRC approved all-employee
share incentive plan
2.
Total holding includes shares held by a PCA and a Family Trust for
which Mike O'Shea acts as Trustee.
For further information, please
contact:
Enquiries:
|
Premier Miton Group plc
Mike O'Shea, Chief Executive
Officer
|
01483 306 090
|
|
Investec Bank plc (Nominated Adviser and
Broker)
David Anderson / Ben Griffiths / St
John Hunter
|
020 7597 4000
|
|
Camarco
Geoffrey Pelham-Lane / Ben
Woodford
|
07733 124 226 /
07990 653 341
|
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
