14 December 2023
Premier Miton Group plc
('Premier Miton' or the 'Company')
PDMR/Director Dealing
Premier Miton Group plc (AIM: PMI) announces that today it granted nil cost contingent share rights (the 'Awards') over ordinary shares of 0.02p each in the Company (the 'Shares') to certain senior managers and two Persons Discharging Managerial Responsibilities ('PDMR') in accordance with the rules of the 2016 LTIP. Vesting of Awards is subject to continued employment and performance conditions based on Total Shareholder Return, Earnings Per Share, fund performance and other operational conditions, all measured over a three-year performance period ending 30 September 2026. Awards are subject to malus and clawback provisions.
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 / amendment | Initial notification | |||||||||
| 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 financial instrument, type of financial instrument Identification Code | Ordinary Shares of 0.02p each in Premier Miton Group plc ISIN: GB00BZB2KR63
| |||||||||
| b) | Nature of the transaction | Grant of nil cost contingent shares in accordance with the 2016 LTIP rules
| |||||||||
| c) | Price(s) and volume(s) |
| |||||||||
| d) | Aggregated information Aggregated volume Price | N/A single transaction | |||||||||
| e) | Date of the transaction | 14 December 2023
| |||||||||
| f) | Place of the transaction | Outside a trading venue | |||||||||
| 1. | Details of PDMR / person closely associated with them ('PCA') | |||||||
| a) | Name | Piers Harrison | ||||||
| 2. | Reason for the notification | |||||||
| a) | Position / status | Director | ||||||
| b) | Initial notification / amendment | Initial notification | ||||||
| 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 financial instrument, type of financial instrument Identification Code | Ordinary Shares of 0.02p each in Premier Miton Group plc ISIN: GB00BZB2KR63
| ||||||
| b) | Nature of the transaction | Grant of nil cost contingent share award in accordance with the 2016 LTIP rules
| ||||||
| c) | Price(s) and volume(s) |
| ||||||
| d) | Aggregated information Aggregated volume Price | N/A single transaction | ||||||
| e) | Date of the transaction | 14 December 2023
| ||||||
| f) | Place of the transaction | Outside a trading venue | ||||||
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 7597 4000
|
| Edelman Smithfield Consultants (Financial PR) John Kiely / Latika Shah
| 07785 275665/ 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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