Director's Dealing • Oct 29, 2014
Director's Dealing
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National Storage Mechanism | Additional information
RNS Number : 5302V
Miton Group Plc
29 October 2014
29 October 2014
Miton Group plc
Director dealings
Miton Group plc (AIM:MGR.LN) announces that on 28 October 2014 the undermentioned director of the Company purchased ordinary shares of 0.1 pence each ("Shares") at an allocation cost of 31 pence per Share as "partnership shares" under the Company's Share Incentive Plan. The purchase was undertaken by the trustee of the Company's Share Incentive Plan, Miton ESOP Trustee Ltd, a UK registered company, on behalf of the individual and the Shares were purchased in the open market. Allocation cost is calculated on the basis of closing mid-market price on the day before the acquisition.
In connection with these purchases on the same date the directors were awarded Shares as "matching shares" under the Company's Share Incentive 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.
All the above transactions are summarised below:
| Director | Partnership shares acquired | Matching shares awarded | Total holding following notification | % of current issued shares |
| Gervais Williams | 483 | 483 | 8,788,845 | 5.15% |
ENDS
For further information, please contact:
Miton Group plc
Roger Bennett (Company Secretary) 020 3714 1500
Peel Hunt (Nominated adviser and Broker)
Guy Wiehahn 020 7418 8893
www.mitongroup.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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