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PREMIER MITON GROUP PLC

Transaction in Own Shares Mar 11, 2020

7855_rns_2020-03-11_6709ea25-f223-4857-8d33-9a1fd68a9f39.html

Transaction in Own Shares

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RNS Number : 8397F

Premier Miton Group PLC

11 March 2020

11 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 10 March 2020 the EBT purchased 1,058,472 ordinary shares of 0.02 pence each in the capital of the Company (the "Shares") at an average price of 131.1938 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 5,352,397 Shares, representing approximately 3.39% 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
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 [email protected] or visit www.rns.com.

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