Director/PDMR Shareholding

Source: RNS
RNS Number : 2794M
Premier Miton Group PLC
26 April 2024
 

26 April 2024

Premier Miton Group plc

('Premier Miton' or the 'Company')

PDMR/Director Dealing

 

Premier Miton Group plc (AIM: PMI) announces that today the trustee of the Company's Share Incentive Plan operating through Global Shares Trustees (UK) Limited, a UK registered company, acquired 48,322 ordinary shares of 0.02 pence each ('Ordinary Shares') at a cost of 65 pence per Ordinary Share for the Company's Share Incentive Plan ('Plan'). The purchases were made in the open market.

The Ordinary Shares detailed above have been used to satisfy the following transactions:

-    Award of 24,161 Ordinary Shares as 'partnership shares' under the Plan;

-    Award of 24,261 Ordinary Shares as 'matching shares' under the 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.

As part of the transactions referred to above and pursuant to disclosure requirements under the UK Market Abuse Regulation, certain PDMRs acquired Ordinary Shares as follows:

 

Director

Partnership shares acquired

Matching shares awarded

Total Interests over Ordinary Shares

% of current issued capital

 

Piers Harrison

 

2,769

 

2,769

 

214,004

 

0.13%

 

Mike O'Shea

 

2,769

 

2,769

 

4,333,774*

 

2.67%

* includes beneficial interests of spouse and a family trust for which Mike O'Shea acts as Trustee.

 

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.

 

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

PDMR acquired "partnership shares" and was awarded "matching shares" through the Company's share incentive scheme.

c)

Price(s) and volume(s)


Price(s)

Volume(s)

Partnership shares

£0.65

2,769

Matching shares

0p (nil) per share

2,769




d)

Aggregated information

Aggregated volume

Price


Price(s)

Volume(s)

Partnership shares

£0.65

2,769

Matching shares

0p (nil) per share

2,769




e)

Date of the transaction

26 April 2024

 

f)

Place of the transaction

 

London Stock Exchange (AIMX)

 

 

 

 

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Mike 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

PDMR acquired "partnership shares" and was awarded "matching shares" through the Company's share incentive scheme.

c)

Price(s) and volume(s)


Price(s)

Volume(s)

Partnership shares

£0.65

2,769

Matching shares

0p (nil) per share

2,769




d)

Aggregated information

Aggregated volume

Price


Price(s)

Volume(s)

Partnership shares

£0.65

2,769

Matching shares

0p (nil) per share

2,769




e)

Date of the transaction

26 April 2024

 

f)

Place of the transaction

 

London Stock Exchange (AIMX)

 

 

 

Enquiries:

 

Premier Miton Group plc

Mike O'Shea, Chief Executive Officer

 

 

01483 306 090

 

Investec Bank plc (Nominated Adviser and Broker)

Bruce Garrow / Ben Griffiths / Virginia Bull

 

 

 

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

 

 

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