13 March 2024
Premier
Miton Group plc
('Premier
Miton' or the 'Company')
PDMR/Director Dealing
Premier Miton Group plc (AIM: PMI)
has today been
notified of the following transactions:
On 13 March 2024, an award over
150,000 ordinary shares in the Company ('Shares') in the form of a
nil cost contingent share award, granted on 10 March 2021 and which
vested on 10 March 2024, was automatically exercised via an
irrevocable market instruction placed by the EBT on Monday 11 March
2024, in favour of Piers Harrison, a PDMR. The Shares are satisfied
from an Employee Benefit Trust. Of those Shares awarded, 75,152
Shares were sold to satisfy the resultant income tax and National
Insurance liability and the balance of 74,848 Shares will transfer
to Piers Harrison, in satisfaction of the award.
On 13 March 2024, an award over
400,000 ordinary shares in the Company ('Shares') in the form of a
nil cost contingent share award, granted on 10 March 2021 and which
vested on 10 March 2024, was automatically exercised via an
irrevocable market instruction placed by the EBT on Monday 11 March
2024, in favour of Mike O'Shea, a PDMR. The Shares are satisfied
from an Employee Benefit Trust. Of those Shares awarded, 200,402
Shares were sold to satisfy the resultant income tax and National
Insurance liability and the balance of 199,598 Shares will transfer
to Mike O'Shea in satisfaction of the award.
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
|
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
|
Vesting of nil cost contingent share
award
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
Nil
|
150,000 Shares vested
|
|
55.7966 pence per share
|
75,152 Shares sold to cover tax
liabilities
|
|
|
d)
|
Aggregated information
Aggregated volume
Price
|
150,000 Shares vested
75,152 Shares sold to cover tax
liabilities
Total Price: £41,932.27
|
|
e)
|
Date of the transaction
|
13 March 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
(AIMX)
|
|
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
|
Vesting of nil cost contingent share
award
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
Nil
|
400,000 Shares vested
|
|
55.7966 pence per share
|
200,402 Shares sold to cover tax
liabilities
|
|
|
d)
|
Aggregated information
Aggregated volume
Price
|
400,000 Shares vested
200,402 Shares sold to cover tax
liabilities
Total Price: £111,817.53
|
|
e)
|
Date of the transaction
|
13 March 2024
|
|
f)
|
Place of the transaction
|
London Stock Exchange
(AIMX)
|
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)
Bruce Garrow / Ben Griffiths / Virginia Bull /
Harry Hargreaves
|
020 7597 4000
|
|
Edelman
Smithfield Consultants (Financial PR)
John Kiely / Latika Shah
|
07785 275665/
07950 671948
|
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