Miton Group Plc Share Buyback (9144X)

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RNS Number : 9144X

Miton Group Plc

30 November 2017

30 November 2017

MITON GROUP PLC ("the Company")

Share Buyback

This announcement contains inside information within the meaning of article 7 of the EU Market Abuse Regulation (MAR).

Miton Group plc (the 'Company' or 'Group'), the AIM quoted fund management group, today announces that the Group has instructed Peel Hunt LLP to acquire up to 8,546,063 Ordinary Shares of 0.1p at the previous night's closing price of 39.75 pence per share in order to ameliorate the dilution from the shares recently issued to participants of the Growth Share Plan.

Shareholders who want to participate in the share buyback are requested to contact Peel Hunt by no later than 5 p.m. on Tuesday 5 December 2017.

This share buyback is expected to exceed the 25% limit of the average daily trading volume as laid down in Article 3 of Commission Delegated Regulation (EU) No 2016/1052).

All Ordinary Shares purchased under the share buyback will be cancelled.

Total Voting Rights

The Company's issued share capital prior to the buyback programme comprises 181,181,474 Shares. Of these 16,726 are held in Treasury. The total voting rights of the Company are 181,164,748 Shares and this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

-ENDS-

LEI number: 2138004UNDYXLICL8H10

For further information, please contact:

Miton Group plc 020 3714 1500

David Barron (Chief Executive)

MHP Communications [e-mail]

Reg Hoare / Simon Hockridge 020 3128 8100

Peel Hunt (Nominated adviser and Broker)

Guy Wiehahn 020 7418 8900

Jock Maxwell Macdonald (Syndicate)

Sohail Akbar (Syndicate)

www.mitongroup.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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November 30, 2017 02:01 ET (07:01 GMT)