PREMIER MITON GROUP PLC

Director's Dealing • May 5, 2020

National Storage Mechanism | Additional information

RNS Number : 0229M

Premier Miton Group PLC

05 May 2020

5 May 2020

Premier Miton Group plc

("Premier Miton" or the "Company")

PDMR/Director Dealing

Premier Miton Group plc (AIM: PMI) announces that yesterday, the trustee of the Company's Share Incentive Plan operating through Global Shares Trustees (UK) Limited, a UK registered company, allocated 28,336 ordinary shares of 0.02 pence each ("Ordinary Shares") at an allocation cost of 97.0 pence per Ordinary Share for the Company's Share Incentive Plan ("Plan"). The purchases were made in the open market. The allocation cost is calculated on the basis of the closing mid-market price on the day before the acquisition.

The Ordinary Shares detailed above have been used to satisfy the following transactions:

-    Award of 14,168 Ordinary Shares as "partnership shares" under the Plan at an allocation cost of the closing mid-market price on the day before the allocation.

-    Award of 14,168 Ordinary Shares as "matching shares" under the Plan.  No consideration was paid by the grantees for the award of the matching shares and no consideration is due on the release of the matching shares.

The risk of forfeiture attached to the matching shares will normally be removed on the third anniversary of allocation subject to continued employment and the retention of the partnership shares in connection with which they were awarded.

As part of the transactions referred to above and pursuant to disclosure requirements under the Market Abuse Regulation, certain PDMRs acquired Ordinary Shares as follows:

Director	Partnership shares acquired	Matching shares awarded	Total holding following notification	% of current issued shares
Piers Harrison	1,855	1,855	47,560	0.03%
Mike O'Shea	1,855	1,855	2,820,382*	1.79%

* including Shares held by his spouse and in their respective SIPPs

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

PDMR acquired "partnership shares" and was awarded "matching shares" through the Company's share incentive scheme.

c)

Price(s) and volume(s)

	Price(s)	Volume(s)
Partnership shares	97.0p	1,855
Matching shares	0p (nil) per share	1,855

d)

Aggregated information

Aggregated volume

Price

	Price(s)	Volume(s)
Partnership shares	97.0p	1,855
Matching shares	0p (nil) per share	1,855

e)

Date of the transaction

4 May 2020

f)

Place of the transaction

London Stock Exchange

1.

Details of PDMR / person closely associated with them ("PCA")

a)

Name

Mike 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

b)

Nature of the transaction

PDMR acquired "partnership shares" and was awarded "matching shares" through the Company's share incentive scheme.

c)

Price(s) and volume(s)

	Price(s)	Volume(s)
Partnership shares	97.0p	1,855
Matching shares	0p (nil) per share	1,855

d)

Aggregated information

Aggregated volume

Price

	Price(s)	Volume(s)
Partnership shares	97.0p	1,855
Matching shares	0p (nil) per share	1,855

e)

Date of the transaction

4 May 2020

f)

Place of the transaction

London Stock Exchange

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 £9.1 billion at 31 March 2020.

LEI Number: 213800LK2M4CLJ4H2V85

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