Liontrust Asset Management PLC

Director's Dealing • Jul 1, 2014

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RNS Number : 9636K

Liontrust Asset Management PLC

01 July 2014

1 July 2014

Stock Exchange Announcement

LIONTRUST ASSET MANAGEMENT PLC

Notification of transactions of directors/persons discharging managerial responsibilities

The information contained in this notification is disclosed in accordance with DTR 3.1.4R(1)(a) of the Disclosure and Transparency Rules of the Financial Services Authority.

Liontrust Asset Management Plc ("the Company") was informed on 30 June 2014 of the following transactions in the Company's ordinary shares of 1p ("Shares") by Directors of the Company.

On 30 June 2014 John Ions, Vinay Abrol and Jonathan Hughes-Morgan purchased Shares and on 19 June 2014 Adrian Collins was granted nil-priced options over Shares,  in each case, pursuant to the Liontrust Deferred Bonus (for employees) and Variable Allocations (for members) Plan (the "DBVAP").

Under DBVAP a significant proportion of Executive Director bonuses (for employees) and variable allocations (for members) are deferred and invested in Shares, which are subject to claw back provisions and vest over three years.

The number of Shares purchased by John Ions, Vinay Abrol and Jonathan Hughes-Morgan, which are held in their own names, and the purchase price were as follows:

Director	Number of Shares purchased	Purchase price	Total holding following purchase	Total Percentage following Purchase
John Ions	106,657	253p	505,148	1.2%
Vinay Abrol	71,104	253p	790,428	1.9%
Jonathan Hughes-Morgan	15,457	253p	2,167,676	5.1%

The Company granted 21,988 nil-priced options under the DBVAP. The total number of Shares over which options are held by Adrian Collins following this notification is 1,035,611, which is 2.4% of the issued share capital of the Company.

The Trustee of the Liontrust Asset Management Employee Trust has notified the Company that it acquired in the market a total of 21,988 Shares on 19 June 2014 at a price of 262 pence per share. Following this transaction, the Trust held a total of 2,527,946 Shares in which the following directors had an interest as potential beneficiaries: Adrian Collins, Vinay Abrol and John Ions. The Liontrust Asset Management Employee Trust is a trust, which purchases or subscribes for Shares, so as to allow the Trustee to satisfy the exercise of options granted under various options schemes and the DBVAP. However, only purchased Shares may be used to satisfy options granted under the DBVAP.

For further information please contact:

Liontrust Asset Management                                                     020 7412 1700

John Ions, Vinay Abrol                                                                  www.liontrust.co.uk

Simon Hildrey - Head of Marketing & Communications

Numis Securities Limited                                                             020 7260 1000

Charles Farquhar, Andrew Holloway

END

This information is provided by RNS

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