19 May 2017 07:00
19 May 2017
Miton Group plc
Director dealings
Miton Group plc (AIM:MGR.LN) ("the Company") announces that following Ian Dighé stepping down from the role of Executive Chairman to become non-executive Chairman, the Trustees of the MAM Funds plc Employee Benefit Trust No.1 and MAM Funds plc Employee Benefit Trust No. 2 yesterday acquired the interests in the awards over the following Miton Group plc 0.1p ordinary shares ("Shares") held by him:
· Award over 2,186,262 Shares at a subscription price of 33p per share which can be exercised up until 40 days after the date on which the Company publishes its preliminary results for the year ending 31 December 2018; and
· Award over 2,186,262 Shares at a subscription price of 50p per share which can be exercised up until 40 days after the date on which the Company publishes its preliminary results for the year ending 31 December 2018.
The total acquisition cost for all the interests detailed above is £220,000.
PDMR transaction disclosures required under the Market Abuse Regulation are as summarised below:
PDMR | Shares held under the Miton Group plc Share Incentive Plan | Shares held in own or in beneficial name | Total holding following notification | % of current issued shares |
Ian Dighé |
29,534 |
989,091 |
1,018,625
|
0.60% |
ENDS
For further information, please contact:
Miton Group plc
David Barron (CEO) 020 3714 1500
Roger Bennett (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 | Ian Dighé | |||||||||
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 | Interest in awards over Ordinary Shares of 0.1p each in Miton Group plc at various fixed subscription prices.
GB00B01WR582 | |||||||||
b) | Nature of the transaction | Sale of interests in awards over 0.1p ordinary shares in Miton Group plc | |||||||||
c) | Price(s) and volume(s) |
| |||||||||
d) | Aggregated information Aggregated volume Price |
| |||||||||
e) | Date of the transaction | 2017-MAY-18 | |||||||||
f) | Place of the transaction
| N/A
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