Last checked at 22 May 2020 17:37
22 May 2020
Premier Miton Group plc
("Premier Miton" or the "Company")
Grant of Share Award
Premier Miton Group plc (AIM: PMI) announces that it has granted nil cost contingent share rights (the 'Awards') over ordinary shares of 0.02p each in the Company (the 'Shares') in accordance with the provisions of the 2016 LTIP Rules.
On 14 April 2020, the Company granted Awards over 2,055,000 Shares, subject to certain retention arrangements, to certain employees and one Person Discharging Managerial Responsibilities ('PDMR'). The Awards will be satisfied from the Eastgate Court Trust for which Rysaffe Trustee Company (C.I.) Limited acts as Trustee.
Vesting of the Awards is subject to continued employment and malus and clawback provisions. These Awards will usually vest on the third anniversary of the date of grant although they may vest earlier if there is a change of control event or, in certain circumstances, if a participant becomes a good leaver.
The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
1. | Details of PDMR / person closely associated with them ("PCA") | |||||
a) | Name | Michael O'Shea | ||||
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 | Premier Miton Group plc | ||||
b) | LEI | 213800LK2M4CLJ4H2V85 | ||||
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 0.02p each in Premier Miton Group plc ISIN: GB00BZB2KR63
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b) | Nature of the transaction | Grant of Retention Award subject to a retention period
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c) | Price(s) and volume(s) |
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d) | Aggregated information Aggregated volume Price | N/A
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e) | Date of the transaction | 14 April 2020
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f) | Place of the transaction
| Outside a trading Venue
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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 £9.1 billion at 31 March 2020.
LEI Number: 213800LK2M4CLJ4H2V85