Premier Asset Management Group PLC Director/PDMR/PCA shareholding (4098Y)

TIDMPAM

RNS Number : 4098Y

Premier Asset Management Group PLC

05 December 2017

5 December 2017

Premier Asset Management Group PLC

("Premier" or the "Company")

Director/PDMR/PCA shareholding

Premier Asset Management Group PLC (AIM: PAM) today announces that it has been notified of the following transaction in the Company's ordinary shares of 0.02p each (the "Shares"), undertaken by Michael O'Shea, Chief Executive Officer, a person discharging managerial responsibility.

Mr O'Shea's remaining shareholding in the Company is 3,229,369 ordinary shares of 0.02p each, including the interest of his spouse and their respective SIPPs via HSBC Global Custody Nominee (UK).

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further details.

Enquiries:

 
Premier Asset Management  Tel: [phone] 
 Group PLC                 Mike O'Shea 
Numis Securities Limited  Tel: [phone] 
 (Nomad and Broker)        Kevin Cruickshank 
                           Charles Farquhar 
Liberum Capital Limited   Tel: [phone] 
 (Joint Broker)            Richard Crawley 
                           Jamie Richards 
Smithfield Consultants    Tel: [phone] 
 (Financial PR)            John Kiely 
                           Andrew Wilde 
 

Note to editors

About Premier

Premier is a fast-growing UK retail asset management group with a focus on delivering good investment outcomes for investors through relevant products and active management across its range of investment strategies, which include multi-asset, equity and absolute return funds. Premier had GBP6.3 billion of assets under management as at 28 November 2017.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
 1    Details of the person discharging managerial 
       responsibilities / person closely associated 
---  --------------------------------------------------------------- 
 a)   Name                      Michael O'Shea - Chief Executive 
                                 Officer 
---  ------------------------  ------------------------------------- 
 2    Reason for the notification 
---  --------------------------------------------------------------- 
 a)   Position/status           Chief Executive Officer - classified 
                                 as PDMR of Premier Asset Management 
                                 Group PLC 
---  ------------------------  ------------------------------------- 
 b)   Initial notification      Initial notification 
       /Amendment 
---  ------------------------  ------------------------------------- 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  --------------------------------------------------------------- 
 a)   Name                      Premier Asset Management 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            Ordinary shares of 0.02p each 
       the financial             in Premier Asset Management 
       instrument, type          Group PLC. 
       of instrument             ISIN: GB00BZB2KR63 
       Identification 
       code 
---  ------------------------  ------------------------------------- 
 b)   Nature of the             Sale of Ordinary Shares 
       transaction 
---  ------------------------  ------------------------------------- 
 c)   Price(s) and              Price- 210p 
       volume(s)                 Volume: 483,264 
---  ------------------------  ------------------------------------- 
 d)   Aggregated information    n/a 
---  ------------------------  ------------------------------------- 
 e)   Date of the transaction   4 December, 2017 
---  ------------------------  ------------------------------------- 
 f)   Place of the              London Stock Exchange (XLON), 
       transaction               AIM Market 
---  ------------------------  ------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 05, 2017 04:21 ET (09:21 GMT)