PREMIER MITON GROUP PLC

Remuneration Information • Mar 9, 2020

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 5049F

Premier Miton Group PLC

09 March 2020

9 March 2020

Premier Miton Group plc

("Premier Miton" or the "Company")

Grant of Retention Award & Director Dealing

Premier Miton Group plc (AIM: PMI) announces that today, it has granted awards, subject to certain retention arrangements, of nil cost contingent share rights (the "Retention Award") over 2,075,000 ordinary shares of 0.02p each in the Company (the "Shares") to certain Persons Discharging Managerial Responsibilities ("PDMRs") and other employees in accordance with the provisions of the 2016 LTIP Rules.

Vesting of the Retention Awards is subject to continued employment and malus and clawback provisions. These Retention 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 Retention Awards will be satisfied from the MAM Funds plc Employee Benefit Trust No.1 an Employee Benefit Trust for which SG Kleinwort Hambros Trust Company (CI) Limited acts as Trustee.

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

Piers Harrison

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

b)

Nature of the transaction

Grant of Retention Award subject to a retention period

c)

Price(s) and volume(s)

Price(s)	Volume(s)
Nil	150,000

d)

Aggregated information

Aggregated volume

Price

N/A

e)

Date of the transaction

9 March 2020

f)

Place of the transaction

Outside a trading Venue

Enquiries:

Premier Miton Group plc	Tel: 01483 306090 Mike O"Shea
Numis Securities Limited (NOMAD and Broker)	Tel: 020 7260 1000 Huw Jeremy / Kevin Cruickshank Charles Farquhar
Liberum Capital Limited (Joint Broker)	Tel: 020 3100 2000 Richard Crawley Jamie Richards
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

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.

END

DSHFLFLDVSIAIII