REG - Premier Miton Group - Director/PDMR Shareholding

Premier MitonAnnouncement

13/03/2024 17:30

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240313:nRSM7628Ga&default-theme=true

RNS Number : 7628G  Premier Miton Group PLC  13 March 2024

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  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                      150,000 Shares vested
                                                                            55.7966 pence per share  75,152 Shares sold to cover tax liabilities
 d)  Aggregated information                                                 150,000 Shares vested

     Aggregated volume                                                      75,152 Shares sold to cover tax liabilities

     Price                                                                  Total Price: £41,932.27

 e)  Date of the transaction                                                13 March 2024

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

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  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                      400,000 Shares vested
                                                                            55.7966 pence per share  200,402 Shares sold to cover tax liabilities
 d)  Aggregated information                                                 400,000 Shares vested

     Aggregated volume                                                      200,402 Shares sold to cover tax liabilities

     Price                                                                  Total Price: £111,817.53

 e)  Date of the transaction                                                13 March 2024

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

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)                     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

 

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  DSHDXLFFZXLFBBE