Employee Benefit Trust Share Purchase

RNS Number : 8397F
Premier Miton Group PLC
11 March 2020
 

11 March 2020

Premier Miton Group plc

("Premier Miton" or the "Company")

Employee Benefit Trust Share Purchase

 

Premier Miton Group plc (AIM: PMI) has been notified by Rysaffe Trustee Company (C.I.) Limited, Trustee of the Eastgate Court Trust (the "EBT"), that on 10 March 2020 the EBT purchased 1,058,472 ordinary shares of 0.02 pence each in the capital of the Company (the "Shares") at an average price of 131.1938 pence per Share  to be held in the EBT.

 

The EBT is a discretionary trust for the benefit of the Company's employees, including the executive directors of the Company. The Shares are intended to be used to satisfy future awards to be made to employees under the terms of the Premier Asset Management Group Plc 2016 Long Term Incentive Plan.

 

Following this transaction, the EBT holds a total of 5,352,397 Shares, representing approximately 3.39% of the Company's issued share capital.

 

The issued share capital of the Company as at the date of this announcement is 157,913,035 Shares. There are no shares held in Treasury.

 

Enquiries:

 

Premier Miton Group plc

Tel: 01483 306090

Mike O'Shea

 

Numis Securities Limited

(NOMAD and Broker)

Tel: 020 7260 1000

Huw Jeremy / Kevin Cruickshank

Charles Farquhar

 

Liberum Capital Limited

(Joint Broker)

Tel: 020 3100 2000

Richard Crawley

Jamie Richards

 

Smithfield Consultants

(Financial PR)

Tel: 020 3047 2544

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 £11.6 billion as at 31 December 2019.

LEI Number: 213800LK2M4CLJ4H2V85

 

 


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