REG - Premier Miton Group - Director/PDMR Shareholding

Premier MitonAnnouncement

20/05/2022 18:30

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RNS Number : 3398M  Premier Miton Group PLC  20 May 2022

20 May 2022

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
275,000 ordinary shares in the Company ('Shares') in the form of a nil cost
contingent share award, granted on 23 April 2019 and which vested on 23 April
2022, was automatically exercised via an irrevocable market instruction placed
by the EBT on 25 April 2022, in favour of Mike O'Shea, a PDMR. The Shares are
satisfied from an Employee Benefit Trust.

 

Of those Shares awarded, 133,239 Shares were sold to satisfy the resultant
income tax and National Insurance liability and the balance of 141,761 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  Ordinary Shares of 0.02p each in Premier Miton Group plc

     Identification Code                                                    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       275,000 Shares vested
                                                                            £1.2117   133,239 Shares sold to cover tax liabilities
 d)  Aggregated information                                                 275,000 Shares vested

     Aggregated volume                                                      133,239 Shares sold to cover tax liabilities

     Price                                                                  Total Price: £161,445.70

 e)  Date of the transaction                                                20 May 2022

 f)  Place of the transaction                                               London Stock Exchange (AIMX)

d)

Aggregated information

Aggregated volume

Price

275,000 Shares vested

133,239 Shares sold to cover tax liabilities

Total Price: £161,445.70

 

e)

Date of the transaction

20 May 2022

 

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 7260 1000

 Edelman Smithfield Consultants (Financial PR)                     07785 275665/

 John Kiely / Latika Shah                                          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

 

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