Transaction in Own Shares

12 Dec 2006 15:45

Premier Asset Management PLC12 December 2006 Premier Asset Management PLC (the "Company" or "Premier Asset Management") Purchase of own shares Premier Asset Management announces that it has today purchased 50,000 ordinaryshares of 10p each in the Company (the "Acquired Shares") at a price of 210p pershare. The Acquired Shares have been purchased in order to satisfy the requirements ofthe Company's Share Incentive Plan, for which the approval of HM Revenue andCustoms has been sought. The Acquired Shares will be held in treasury until suchapproval has been granted, at which time they will be transferred from treasuryinto the Share Incentive Plan. Following the purchase of the Acquired Shares, the Company confirms that 53,781ordinary shares are held in treasury and that, excluding the shares held intreasury, there are 15,201,430 ordinary shares in issue. Enquiries: Mike O'SheaChief ExecutivePremier Asset Management plcTel: 01483 306090 This information is provided by RNS The company news service from the London Stock Exchange