13 Dec 2018 07:00
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, TO US PERSONS OR IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, THE REPUBLIC OF SOUTH AFRICA, JAPAN OR ANY JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL.
13 December 2018
Miton Group plc
Result of Share Buyback
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No. 596/2014 ('MAR').
Miton Group plc (the "Company" or "Group"), the AIM quoted fund management group, today announces that, further to the proposed share buyback announcement on 11 December 2018, the Group has acquired 5,502,180 ordinary shares of 0.1p each in the Company ("Ordinary Shares") at 48.1 pence per Ordinary Share (the "Share Buyback"). All Ordinary Shares purchased under the Share Buyback will be cancelled.
PDMR Dealing
The Company can confirm that Gervais Williams, an Executive Director, sold 2,178,219 Ordinary Shares at 48.1 pence per Ordinary Share in the Share Buyback. Following the Share Buyback, Mr Williams remains interested in 15,470,336 Ordinary Shares, representing 8.96% of the Company's issued share capital (as stated below).
Total Voting Rights
The Company's issued share capital following the Share Buyback comprises 172,635,411 Ordinary Shares. The Company holds nil Ordinary Shares in Treasury. Therefore the total voting rights of the Company are 172,635,411 Ordinary Shares and this figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.
The person responsible for releasing this announcement on behalf of Miton Group plc is Catriona Fletcher, Company Secretary.
LEI number: 2138004UNDYXLICL8H10
For further information, please contact:
Miton Group plc David Barron (CEO) / Catriona Fletcher (Company Secretary)
|
020 3714 1500 |
Liberum (Nominated Adviser and Joint Broker) Neil Patel / Cameron Duncan
|
020 3100 2000 |
N+1 Singer (Joint Broker) Tom Salvesen
|
020 7496 3000 |
www.mitongroup.com
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 | Sale | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information Aggregated volume Price |
n/a | ||||
e) | Date of the transaction | 13 December 2018 | ||||
f) | Place of the transaction
| London Stock Exchange
| ||||