21 Feb 2018 07:00
21 February 2018
Miton Group plc
Director dealings
Miton Group plc (AIM:MGR.LN) announces that the trustee of the Company's Share Incentive Plan operating through Miton ESOP Trustee Ltd, a UK registered company, purchased 21,422 ordinary shares of 0.1 pence each ("Shares") at an allocation cost of 40.15 pence per Share for the Company's Share Incentive Plan ("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.
The Company used the Shares detailed above to satisfy the following transactions:
· Award of 10,711 Shares as "partnership shares" under the Plan at an allocation cost of the closing mid-market price on the day before the allocation.
· Award of 10,711 Shares as "matching shares" under the 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:
Director | Partnership shares acquired | Matching shares awarded | Total holding following notification | % of current issued shares |
David Barron |
373 |
373 |
558,288 |
0.32% |
Piers Harrison |
374 |
374 |
99,064 |
0.06% |
Gervais Williams |
374 |
374 |
13,974,398 |
8.10% |
ENDS
LEI number: 2138004UNDYXLICL8H10
For further information, please contact:
Miton Group plc
Catriona Fletcher (Company Secretary) 020 3714 1500
Peel Hunt (Nominated Adviser and Broker)
Guy Wiehahn 020 7418 8893
www.mitongroup.com
1. | Details of PDMR / person closely associated with them ('PCA') | ||||||||||
a) | Name | David Barron | |||||||||
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 | Miton Group plc | |||||||||
b) | LEI | 2138004UNDYXLICL8H10 | |||||||||
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 0.1p each in Miton Group plc
GB00B01WR582 | |||||||||
b) | Nature of the transaction | Shares acquired "partnership shares" and matching shares awarded "matching shares" through Company's share incentive scheme. | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d) | Aggregated information Aggregated volume Price |
| |||||||||
e) | Date of the transaction | 2018-Feb-20 (UTC+0000) | |||||||||
f) | Place of the transaction
| London Stock Exchange
| |||||||||
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 | Miton Group plc | |||||||||
b) | LEI+ | 2138004UNDYXLICL8H10 | |||||||||
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 0.1p each in Miton Group plc
GB00B01WR582 | |||||||||
b) | Nature of the transaction | Shares acquired "partnership shares" and matching shares awarded "matching shares" through Company's share incentive scheme. | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d) | Aggregated information Aggregated volume Price |
| |||||||||
e) | Date of the transaction | 2018-Feb-20 (UTC+0000) | |||||||||
f) | Place of the transaction
| London Stock Exchange
| |||||||||
1. | Details of PDMR / person closely associated with them ('PCA') | ||||||||||
a) | Name | Gervais Williams | |||||||||
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 | Miton Group plc | |||||||||
b) | LEI | 2138004UNDYXLICL8H10 | |||||||||
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 0.1p each in Miton Group plc
GB00B01WR582 | |||||||||
b) | Nature of the transaction | Shares acquired "partnership shares" and matching shares awarded "matching shares" through Company's share incentive scheme. | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d) | Aggregated information Aggregated volume Price |
| |||||||||
e) | Date of the transaction | 2018-Feb-20 (UTC+0000) | |||||||||
f) | Place of the transaction
| London Stock Exchange
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