Source - LSE Regulatory
RNS Number : 4312F
Premier Miton Group PLC
15 July 2021
 

15 July 2021

Premier Miton Group plc

("Premier Miton" or the "Company")

PDMR/Director Dealing

 

Premier Miton Group plc (AIM: PMI) has been notified that today, an award over 300,000 ordinary shares in the Company ('Shares') in the form of a nil cost contingent share award, granted on 10 July 2018 and which vested on 12 July 2021, was automatically exercised in favour of Mike O'Shea, a PDMR. The Shares are satisfied from an Employee Benefit Trust. Of those Shares awarded, 141,601 Shares were sold today to satisfy the resultant income tax and National Insurance liability and the balance of 158,339 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

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

300,000 Shares vested

£1.744

141,601 Shares sold to cover tax liabilities

d)

Aggregated information

Aggregated volume

Price

300,000 Shares vested

141,601 Shares sold to cover tax liabilities

Total Price: £246,952.14

 

e)

Date of the transaction

15 July 2021

 

f)

Place of the transaction

 

London Stock Exchange

 

 

 

 

Enquiries:

 

Premier Miton Group plc

Mike O'Shea, Chief Executive Officer

 

 

01483 306 090

 

Numis Securities Limited (NOMAD and Broker)

Charles Farquhar / Kevin Cruickshank

 

 

 

020 7260 1000

 

Liberum Capital Limited (Joint Broker)

Richard Crawley / Jamie Richards

 

 

 

020 3100 2000

Smithfield Consultants (Financial PR)

John Kiely / Andrew Wilde / Imogen Gardam

 

 

020 3047 2544 /

07785 275665

 

 

 

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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