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PAM Premier Asset Management Group Plc

183.50
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Premier Asset Management Investors - PAM

Premier Asset Management Investors - PAM

Share Name Share Symbol Market Stock Type
Premier Asset Management Group Plc PAM London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 183.50 00:00:00
Open Price Low Price High Price Close Price Previous Close
183.50
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Posted at 10/4/2006 08:13 by oregano
Premier Asset Management Plc

Completion of Acquisition and Trading update

Premier Asset Management Plc announces that it has completed the acquisition of
the Framlington Absolute Growth Fund and that this £50 million fund will be
available to investors as the Premier Absolute Growth Fund with effect from
today.


The Directors are pleased to report that in the six months ended 31st March
2006, net sales across the group exceeded £110 million. This compares to a
figure of £43 million for the same period last year and the directors are
encouraged with this continued organic growth within the business. As at 31st
March 2006, funds under management were £1.33 billion, up by 92% since 30th
September 2005 and by 7.3% since 31st December 2005.



The company expects to announce its interim results for the half year ended 31st
March 2006 on the 15th May 2006.

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