Source - RNS
RNS Number : 8117N
Premier Miton Group PLC
22 May 2020
 

22 May 2020

Premier Miton Group plc

("Premier Miton" or the "Company")

Grant of Share Award

 

Premier Miton Group plc (AIM: PMI) announces that it has granted nil cost contingent share rights (the 'Awards') over ordinary shares of 0.02p each in the Company (the 'Shares') in accordance with the provisions of the 2016 LTIP Rules.

On 14 April 2020, the Company granted Awards over 2,055,000 Shares, subject to certain retention arrangements, to certain employees and one Person Discharging Managerial Responsibilities ('PDMR'). The Awards will be satisfied from the Eastgate Court Trust for which Rysaffe Trustee Company (C.I.) Limited acts as Trustee.

Vesting of the Awards is subject to continued employment and malus and clawback provisions. These Awards will usually vest on the third anniversary of the date of grant although they may vest earlier if there is a change of control event or, in certain circumstances, if a participant becomes a good leaver.  

 

The notification below, made in accordance with the requirements of the EU 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 Retention Award subject to a retention period

 

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Nil

400,000

 

d)

Aggregated information

Aggregated volume

Price

N/A

 

e)

Date of the transaction

14 April 2020

 

f)

Place of the transaction

 

Outside a trading Venue

 

 

Enquiries:

 

Premier Miton Group plc

Tel: 01483 306090

Mike O'Shea

 

Numis Securities Limited

(NOMAD and Broker)

Tel: 020 7260 1000

Huw Jeremy / Kevin Cruickshank

Charles Farquhar

 

Liberum Capital Limited

(Joint Broker)

Tel: 020 3100 2000

Richard Crawley

Jamie Richards

 

Smithfield Consultants

(Financial PR)

Tel: 020 3047 2544

John Kiely

Andrew Wilde

 

Note to editors 

About Premier Miton

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 multi-asset, equity, absolute return and fixed income. The Company had assets under management of £9.1 billion at 31 March 2020.

LEI Number: 213800LK2M4CLJ4H2V85

 

 


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