26 July 2019
Miton Group plc
PDMR dealings
Miton Group plc (AIM:MGR.LN) announces that on 25 July 2019, the trustee of the Company's Share Incentive Plan operating through Global Shares Trustees (UK) Limited, a UK registered company, allocated 25,067 ordinary shares of 0.1 pence each ("Ordinary Shares") at an allocation cost of 48.0 pence per Ordinary Share for the Company's Share Incentive Plan ("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.
The Ordinary Shares detailed above have been used to satisfy the following transactions:
· Award of 12,130 Ordinary Shares as "partnership shares" under the Plan at an allocation cost of the closing mid-market price on the day before the allocation.
· Award of 12,130 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.
· Award of 807 Ordinary Shares as "dividend shares" at an allocation cost of the closing mid-market price on the day before the allocation. These were satisfied by receipt of dividend monies paid on the Ordinary Shares held on behalf of individuals within the Plan.
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 Market Abuse Regulation, certain PDMRs acquired Ordinary Shares as follows:
|
Director |
Partnership shares acquired |
Matching shares awarded |
Dividend Shares acquired |
Total holding following notification |
% of current issued shares |
|
David Barron |
312 |
312 |
14 |
568,683 |
0.33% |
|
Piers Harrison |
312 |
312 |
50 |
111,836 |
0.06% |
|
Gervais Williams |
312 |
312 |
50 |
15,477,071 |
8.97% |
LEI number: 2138004UNDYXLICL8H10
For further information, please contact:
|
Miton Group plc David Barron (CEO) / Catriona Fletcher (Company Secretary)
|
020 3714 1500 |
|
Liberum (Nominated Adviser and Joint Broker) Neil Patel / Cameron Duncan
|
020 3100 2000 |
|
N+1 Singer (Joint Broker) Tom Salvesen
|
020 7496 3000 |
|
1. |
Details of PDMR / person closely associated with them ('PCA') |
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a) |
Name |
David Barron |
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2. |
Reason for the notification |
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a) |
Position / status |
Director |
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b) |
Initial notification / amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Miton Group plc |
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b) |
LEI |
2138004UNDYXLICL8H10 |
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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 |
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|
a) |
Description of the financial instrument, type of financial instrument Identification Code |
Ordinary Shares of 0.1p each in Miton Group plc
GB00B01WR582 |
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|
b) |
Nature of the transaction |
PDMR acquired "partnership shares" and was awarded "matching shares" through the Company's share incentive scheme. PDMR was also awarded "dividend shares", satisfied by receipt of dividend monies paid on the Ordinary Shares held within the Plan on behalf of PDMR. |
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c) |
Price(s) and volume(s) |
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d) |
Aggregated information Aggregated volume Price |
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e) |
Date of the transaction |
25 July 2019
|
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f) |
Place of the transaction
|
London Stock Exchange
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1. |
Details of PDMR / person closely associated with them ('PCA') |
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|
a) |
Name |
Piers Harrison |
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|
2. |
Reason for the notification |
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a) |
Position / status |
Director |
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|
b) |
Initial notification / amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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a) |
Name |
Miton Group plc |
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|
b) |
LEI+ |
2138004UNDYXLICL8H10 |
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|
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 0.1p each in Miton Group plc
GB00B01WR582 |
||||||||||||
|
b) |
Nature of the transaction |
PDMR acquired "partnership shares" and was awarded "matching shares" through the Company's share incentive scheme. PDMR was also awarded "dividend shares", satisfied by receipt of dividend monies paid on the Ordinary Shares held within the Plan on behalf of PDMR. |
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|
c) |
Price(s) and volume(s) |
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|
d) |
Aggregated information Aggregated volume Price |
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|
e) |
Date of the transaction |
25 July 2019
|
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|
f) |
Place of the transaction
|
London Stock Exchange
|
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|
1. |
Details of PDMR / person closely associated with them ('PCA') |
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|
a) |
Name |
Gervais Williams |
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|
2. |
Reason for the notification |
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|
a) |
Position / status |
Director |
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|
b) |
Initial notification / amendment |
Initial notification |
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3. |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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|
a) |
Name |
Miton Group plc |
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|
b) |
LEI |
2138004UNDYXLICL8H10 |
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|
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 0.1p each in Miton Group plc
GB00B01WR582 |
||||||||||||
|
b) |
Nature of the transaction |
PDMR acquired "partnership shares" and was awarded "matching shares" through the Company's share incentive scheme. PDMR was also awarded "dividend shares", satisfied by receipt of dividend monies paid on the Ordinary Shares held within the Plan on behalf of PDMR. |
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|
c) |
Price(s) and volume(s) |
|
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|
d) |
Aggregated information Aggregated volume Price |
|
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|
e) |
Date of the transaction |
25 July 2019
|
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|
f) |
Place of the transaction
|
London Stock Exchange
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