TIDMPMI

RNS Number : 8117N

Premier Miton Group PLC

22 May 2020

22 May 2020

Premier Miton Group plc

("Premier Miton" or the "Company")

Grant of Share Award

Premier Miton Group plc (AIM: PMI) announces that it has granted nil cost contingent share rights (the 'Awards') over ordinary shares of 0.02p each in the Company (the 'Shares') in accordance with the provisions of the 2016 LTIP Rules.

On 14 April 2020, the Company granted Awards over 2,055,000 Shares, subject to certain retention arrangements, to certain employees and one Person Discharging Managerial Responsibilities ('PDMR'). The Awards will be satisfied from the Eastgate Court Trust for which Rysaffe Trustee Company (C.I.) Limited acts as Trustee.

Vesting of the Awards is subject to continued employment and malus and clawback provisions. These Awards will usually vest on the third anniversary of the date of grant although they may vest earlier if there is a change of control event or, in certain circumstances, if a participant becomes a good leaver.

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                        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   Grant of Retention Award subject to 
                                   a retention period 
     --------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)       Price(s)    Volume(s) 
                                    Nil         400,000 
                                               ---------- 
     --------------------------  ----------------------------------------- 
 d)   Aggregated information      N/A 
       Aggregated volume 
       Price 
     --------------------------  ----------------------------------------- 
 e)   Date of the transaction     14 April 2020 
     --------------------------  ----------------------------------------- 
 f)   Place of the transaction    Outside a trading Venue 
     --------------------------  -----------------------------------------

Enquiries:

 
  Premier Miton Group         Tel: 01483 306090 
   plc                         Mike O'Shea 
  Numis Securities Limited    Tel: 020 7260 1000 
   (NOMAD and Broker)          Huw Jeremy / Kevin Cruickshank 
                               Charles Farquhar 
  Liberum Capital Limited     Tel: 020 3100 2000 
   (Joint Broker)              Richard Crawley 
                               Jamie Richards 
  Smithfield Consultants      Tel: 020 3047 2544 
   (Financial PR)              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 GBP9.1 billion at 31 March 2020.

LEI Number: 213800LK2M4CLJ4H2V85

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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May 22, 2020 12:37 ET (16:37 GMT)

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