Premier Miton Group PLC Director/PDMR Shareholding

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 Identification Code	Ordinary Shares of 0.02p each in Premier Miton Group plc 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 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 Identification Code	Ordinary Shares of 0.02p each in Premier Miton Group plc 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 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) John Kiely / Latika Shah	07785 275665/ 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

 

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