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Last checked at 
26 Jan 2017 07:00
26 January 2017
Premier Asset Management Group PLC
("Premier" or the "Company")
Quarterly Interim Dividend
Premier Asset Management Group PLC (AIM: PAM) today announces details of its first quarterly interim dividend since its admission to AIM in October 2016.
The Board of Premier has approved the payment of an interim dividend of 1.25 pence per share, which will be paid on 3 March 2017 to shareholders who are on the register as at the close of business on 3 February 2017.
The dividend is for the Company's first quarter of its financial year covering the three month period ended 31 December 2016.
Dividend policy
As detailed in the Company's admission document, dated 4 October 2016, the Directors intend to adopt a progressive dividend policy to reflect the expectation of future cash flow generation and the long‐term earnings potential of Premier.
As part of its policy, the Company expects to pay three smaller dividends, representing approximately half the estimated total dividend for the full financial year, followed by a larger, final dividend.
Enquiries:
Premier Asset Management Group PLC | Tel: 01483 306090 Mike O'Shea |
Stifel Nicolaus Europe Limited (Nomad and Joint Broker) | Tel: 0207 710 7600 Gareth Hunt Stewart Wallace |
Numis Securities Limited (Joint broker) | Tel: 020 7260 1000 Andrew Holloway Charles Farquhar |
Smithfield Consultants (Financial PR) | Tel: 020 7360 4900 John Kiely Andrew Wilde |
Note to editors
About Premier
Premier is a fast-growing 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 £5.2 billion of assets under management as at 31 December 2016.
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