Last checked at 9 Mar 2020 17:06
9 March 2020
Premier Miton Group plc
("Premier Miton" or the "Company")
Employee Benefit Trust Share Purchase
Premier Miton Group plc (AIM: PMI) has been notified by Rysaffe Trustee Company (C.I.) Limited, Trustee of the Eastgate Court Trust (the "EBT"), that on 6 March 2020 the EBT purchased 199,420 ordinary shares of 0.02 pence each in the capital of the Company (the "Shares") at a price of 141.7474 pence per Share to be held in the EBT.
The EBT is a discretionary trust for the benefit of the Company's employees, including the executive directors of the Company. The Shares are intended to be used to satisfy future awards to be made to employees under the terms of the Premier Asset Management Group Plc 2016 Long Term Incentive Plan.
Following this transaction, the EBT holds a total of 5,478,401 Shares, representing approximately 3.469% of the Company's issued share capital.
The issued share capital of the Company as at the date of this announcement is 157,913,035 Shares. There are no shares held in Treasury.
Enquiries:
Premier Miton Group plc | Tel: 01483 306090 Mike O'Shea
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Numis Securities Limited (NOMAD and Broker) | Tel: 020 7260 1000 Huw Jeremy / Kevin Cruickshank Charles Farquhar
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Liberum Capital Limited (Joint Broker) | Tel: 020 3100 2000 Richard Crawley Jamie Richards
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Smithfield Consultants (Financial PR) | Tel: 020 3047 2544 John Kiely Andrew Wilde |
Note to editors
About Premier Miton
Premier Miton Investors is focused on delivering good investment outcomes for investors through relevant products and active management across its range of investment strategies, which include multi-asset, equity, absolute return and fixed income. The Company had assets under management of £11.6 billion as at 31 December 2019.
LEI Number: 213800LK2M4CLJ4H2V85