REG - Premier Miton Group - Director/PDMR Shareholding

Premier MitonAnnouncement

15/07/2021 17:35

RNS Number : 4312F
  
Premier Miton Group PLC
  
15 July 2021
  
 

15 July 2021
Premier Miton Group plc
("Premier Miton" or the "Company")
PDMR/Director Dealing
 
Premier Miton Group plc (AIM: PMI) has been notified that today, an award over 300,000 ordinary shares in the Company ('Shares') in the form of a nil cost contingent share award, granted on 10 July 2018 and which vested on 12 July 2021, was automatically exercised in favour of Mike O'Shea, a PDMR. The Shares are satisfied from an Employee Benefit Trust. Of those Shares awarded, 141,601 Shares were sold today to satisfy the resultant income tax and National Insurance liability and the balance of 158,339 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


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


300,000 Shares vested




£1.744


141,601 Shares sold to cover tax liabilities








d)


Aggregated information
Aggregated volume 
Price


300,000 Shares vested
141,601 Shares sold to cover tax liabilities
Total Price: £246,952.14
 




e)


Date of the transaction


15 July 2021
 




f)


Place of the transaction
 


London Stock Exchange
 



 
 
 
Enquiries:
 



Premier Miton Group plc
Mike O'Shea, Chief Executive Officer
 


 
01483 306 090
 




Numis Securities Limited (NOMAD and Broker)
Charles Farquhar / Kevin Cruickshank
 
 


 
020 7260 1000
 




Liberum Capital Limited (Joint Broker)
Richard Crawley / Jamie Richards
 
 


 
020 3100 2000




Smithfield Consultants (Financial PR)
John Kiely / Andrew Wilde / Imogen Gardam
 


 
020 3047 2544 /
07785 275665
 



 
 
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
 

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.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
  END
 
 
DSHBLGDRBXBDGBU