Source - RNS
RNS Number : 4009L
Miton Group Plc
30 September 2016
 

30 September 2016

 

 

Miton Group plc

 

Director dealings

 

Miton Group plc (AIM:MGR.LN) announces that today the trustee of the Company's Share Incentive Plan operating through Miton ESOP Trustee Ltd, a UK registered company, purchased 20,632 ordinary shares of 0.1 pence each ("Shares") at an allocation cost of 30.5p pence per Share as "partnership shares" under the Company's Share Incentive Plan.  The purchases were made in the open market.  The allocation cost is calculated on the basis of the closing mid-market price on the day before the acquisition.

 

In connection with and on the same date as the above purchase all participants in the scheme were awarded Shares as "matching shares" under the Company's Share Incentive Plan.  No consideration was paid by the grantees for the award of the matching shares and no consideration is due on the release of the matching shares.

 

The risk of forfeiture attached to the matching shares will normally be removed on the third anniversary of allocation subject to continued employment and the retention of the Partnership shares in connection with which they were awarded.

 

PDMR transaction disclosures required under the Market Abuse Regulation are as summarised below:

 

PDMR

Partnership shares acquired

Matching shares awarded

Total holding following notification

% of current issued shares

Gervais Williams

 

491

 

491

 

9,111,978

 

5.21%

 

Ian Chimes

 

492

 

492

 

1,927,523

 

1.10%

 

 

ENDS

               

For further information, please contact:

 

Miton Group plc

Roger Bennett (Company Secretary)                         020 3714 1500

 

Peel Hunt (Nominated adviser and Broker)          

Guy Wiehahn                                                              020 7418 8893

 

www.mitongroup.com

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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