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Announcement of UK Regulatory Approval for Merger

Thu, 24th Oct 2019 17:20

RNS Number : 0855R
Premier Asset Management Group PLC
24 October 2019
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN OR INTO ANY RESTRICTED JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION.

24 October 2019

Premier Asset Management Group PLC

("Premier")

Announcement of UK Regulatory Approval for Merger

 

Premier and Miton Group plc are pleased to announce that the Financial Conduct Authority has confirmed their approval to enable the Merger between the two groups to proceed.

The transaction remains subject to final approval at a Court hearing scheduled for 13 November 2019.  The Merger Effective Date is expected to be 14 November 2019.

Unless otherwise defined, all capitalised terms in this announcement shall have the meaning given to them in the Shareholder Circular circulated to Premier shareholders on 17 September 2019.

Enquiries:

 

Premier Asset Management Group PLC

Tel: 01483 306090

Neil Macpherson

 

Fenchurch

(Lead Financial Adviser to Premier)

Tel: 020 7382 222

Vincent Bounie

Philip Evans

 

Numis Securities Limited

(Financial Adviser, Nominated Adviser and Joint Corporate Broker)

Tel: 020 7260 1000

Kevin Cruickshank

Charles Farquhar

 

Smithfield Consultants

(Financial PR)

Tel: 020 3047 2544

John Kiely

Andrew Wilde

 

Note to editors 

About Premier

Premier is a UK retail asset management group with a focus on delivering good investment outcomes for investors through relevant products and active management across its range of investment strategies, which include multi-asset, equity and absolute return funds.  Premier had £6.6 billion of assets under management as at 30 September 2019.

 

LEI Number: 213800LK2M4CLJ4H2V85

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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