PREMIER MITON GROUP PLC

Director's Dealing • May 20, 2016

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RNS Number : 9244Y

Miton Group Plc

20 May 2016

20 May 2016

Miton Group plc

Director dealings

Miton Group plc (AIM:MGR.LN) announces that today the undermentioned directors of the Company purchased ordinary shares of 0.1 pence each ("Shares") at an allocation cost of 25.5p pence per Share as "partnership shares" under the Company's Share Incentive Plan.  In addition, the undermentioned directors purchased Shares in the Company using the proceeds received following the receipt of the dividend paid on Shares held in the Share Incentive Plan on the record date. The purchases were undertaken by the trustee of the Company's Share Incentive Plan, Miton ESOP Trustee Ltd, a UK registered company, on behalf of the individuals 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.

In addition two directors were allocated shares due to their participation in the Company's Dividend Reinvestment Plan ("DRIP"). The shares were purchased on behalf of the directors on 18 May 2016 at an allocation cost of 26p per Share.  

All the above transactions are summarised below:

Director	Partnership shares acquired	Matching shares awarded	Dividend shares acquired	DRIP	Total holding following notification	% of current issued shares
Gervais Williams	588	588	563	-	9,107,174	5.33%
Ian Dighé	588	588	420	-	1,007,767	0.59%
Piers Harrison	588	588	563	-	79,795	0.05%
Ian Chimes	589	589	537	47,257	1,922,719	1.13%
James Davies	-	-	-	5,344	214,827	0.13%

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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