Premier Miton Group PLC Director/PDMR Shareholding

RNS Number : 9368Q

Premier Miton Group PLC

20 December 2024

 

20 December 2024

Premier Miton Group plc

('Premier Miton' or the 'Company')

PDMR/Director Dealing

Premier Miton Group plc (AIM: PMI) has been notified that yesterday, awards over a total of 199,171 ordinary shares in the Company ('Shares') in the form of a nil cost contingent share awards, granted in accordance with the 2016 LTIP rules on 1 June 2022 for the performance period 1 October 2021 to 30 September 2024, which vested on 14 December 2024, were automatically exercised via irrevocable market instructions placed by the Employee Benefit Trusts ('EBTs') on 16 December 2024, in favour of PDMRs Mike O'Shea and Piers Harrison. The Shares are satisfied from Employee Benefit Trusts.

Of those Shares, a total of 99,791 Shares were sold to satisfy the resultant income tax and National Insurance liabilities and the balances of 57,972 Shares and 41,408 Shares will transfer to Mike O'Shea and Piers Harrison respectively, in satisfaction of their awards.

Mike O'Shea's and Piers Harrison's resultant shareholdings in the Company are 4,392,565 Shares^1,2 (representing approximately 2.71% of the issued share capital) and 256,230¹ Shares (representing approximately 0.16% of the issued share capital) respectively.

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	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	Grant of nil cost contingent shares in accordance with the 2016 LTIP rules
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 116,183 Shares vested 59.35 pence per share 58,211 shares sold to cover tax and NIC
d)	Aggregated information Aggregated volume Price	N/A single transaction
e)	Date of the transaction	19 December 2024
f)	Place of the transaction	London Stock Exchange (AIMX)

 

 

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	Grant of nil cost contingent share award in accordance with the 2016 LTIP rules
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil 82,988 Shares vested 59.35 pence per share 41,580 shares sold to cover tax and NIC
d)	Aggregated information Aggregated volume Price	N/A single transaction
e)	Date of the transaction	19 December 2024
f)	Place of the transaction	London Stock Exchange (AIMX)

 

Notes:

1.      Total holding includes shares in the HMRC approved all-employee share incentive plan

2.      Total holding includes shares held by a PCA and a Family Trust for which Mike O'Shea acts as Trustee.

 

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) David Anderson / Ben Griffiths / St John Hunter	020 7597 4000
Camarco Geoffrey Pelham-Lane / Ben Woodford	07733 124 226 / 07990 653 341

 

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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