Miton Group Plc Management Equity Incentive Scheme Award (8127A)

TIDMMGR

RNS Number : 8127A

Miton Group Plc

30 September 2015

30 September 2015

Miton Group plc

Management Equity Incentive scheme award

Miton Group plc (AIM:MGR.LN) announces that today it has made an award over shares within the Company's Management Equity Incentive scheme ("MEI") to the following director:

 
                     Awards over 
                    0.1p ordinary 
                     shares with 
                     strike price 
                      of 33p per 
                        share 
 Piers Harrison          1,250,000 
 

The MEI award with a strike price of 33p per share is exercisable from the announcement of the Company's Annual Results in accordance with AIM Rule 19 for the year ended 31 December 2018 until 40 days after the publication of the Company's Annual Results for the year ending 31 December 2023. It is intended that the shares required to settle the exercise of the above award will come from existing issued share capital.

Following the award detailed above, Piers Harrison holds awards under the MEI over 2,000,000 shares of which 750,000 shares have a strike price of 48p per share and 1,250,000 have a strike price of 33p per share.

ENDS

For further information, please contact:

Miton Group plc

   Roger Bennett (Company Secretary)                         020 3714 1500 

Peel Hunt (Nominated adviser and Broker)

   Guy Wiehahn                                                              020 7418 8893 

www.mitongroup.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCEBLFXEKFEBBQ

(END) Dow Jones Newswires

September 30, 2015 11:57 ET (15:57 GMT)