TIDMPMI

RNS Number : 8623X

Premier Miton Group PLC

28 April 2023

28 April 2023

Premier Miton Group plc

('Premier Miton' or the 'Company')

PDMR/Director Dealing

Premier Miton Group plc (AIM: PMI) has been notified that on 27 April 2023, an award over 400,000 ordinary shares in the Company ('Shares') in the form of a nil cost contingent share award, granted on 14 April 2020 and which vested on 14 April 2023, was automatically exercised via an irrevocable market instruction placed by the EBT on 14 April 2023, in favour of Mike O'Shea, a PDMR. The Shares are satisfied from an Employee Benefit Trust.

Of those Shares awarded, 200,402 Shares were sold to satisfy the resultant income tax and National Insurance liability and the balance of 199,598 Shares will transfer to Mike O'Shea in satisfaction of the award.

The notification below, made in accordance with the requirements of UK Market Abuse Regulation, provides further detail.

 
 1.   Details of PDMR / person closely associated with them 
       ('PCA') 
 a)   Name                        Michael O'Shea 
     --------------------------  ---------------------------------------------- 
 2.   Reason for the notification 
     -------------------------------------------------------------------------- 
 a)   Position / status           Director 
     --------------------------  ---------------------------------------------- 
 b)   Initial notification        Initial notification 
       / amendment 
     --------------------------  ---------------------------------------------- 
 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          Ordinary Shares of 0.02p each in Premier 
       financial instrument,       Miton Group plc 
       type of financial           ISIN: GB00BZB2KR63 
       instrument 
       Identification Code 
     --------------------------  ---------------------------------------------- 
 b)   Nature of the transaction   Vesting of nil cost contingent share 
                                   award 
     --------------------------  ---------------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)   Volume(s) 
                                    Nil        400,000 Shares vested 
                                              -------------------------- 
                                    GBP0.89    200,402 Shares sold 
                                                to cover tax liabilities 
                                              -------------------------- 
     --------------------------  ---------------------------------------------- 
 d)   Aggregated information      400,000 Shares vested 
       Aggregated volume           200,402 Shares sold to cover tax liabilities 
       Price                       Total Price: GBP179,170.94 
     --------------------------  ---------------------------------------------- 
 e)   Date of the transaction     27 April 2023 
     --------------------------  ---------------------------------------------- 
 f)   Place of the transaction    London Stock Exchange (AIMX) 
     --------------------------  ----------------------------------------------

For further information, please contact:

Enquiries:

 
  Premier Miton Group plc 
   Mike O'Shea, Chief Executive Officer           01483 306 090 
  Investec Bank plc (Nominated Adviser and 
   Broker) 
   Bruce Garrow / Ben Griffiths / Virginia 
   Bull / Harry Hargreaves                        020 7260 1000 
  Edelman Smithfield Consultants (Financial 
   PR)                                          07785 275665/ 
   John Kiely / Latika Shah                      07950 671948

Notes to editors:

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 equity, fixed income, multi-asset and absolute return.

LEI Number: 213800LK2M4CLJ4H2V85

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END

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(END) Dow Jones Newswires

April 28, 2023 03:24 ET (07:24 GMT)

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