Miton Group PLC (LON:MGR)

Miton Group PLC (LON:MGR)


Share Price
47.50 p
Change
0.25 (0.53 %)
Market Cap
£84.62 m
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Miton Group PLC RNS Release

Director/PDMR Shareholding


RNS Number : 6842I
Miton Group Plc
27 November 2018
 

27 November 2018

 

Miton Group plc

PDMR dealings

 

Miton Group plc (AIM:MGR.LN) announces that today the trustee of the Company's Share Incentive Plan operating through Miton ESOP Trustee Ltd, a UK registered company, purchased 19,630 ordinary shares of 0.1 pence each ("Ordinary Shares") at an allocation cost of 54.7 pence per Ordinary Share for the Company's Share Incentive Plan ("Plan"). The purchases were made in the open market. The allocation cost is calculated on the basis of the closing mid-market price on the day before the acquisition.

 

The Company used the Ordinary Shares detailed above to satisfy the following transactions:

 

·     Award of 9,815 Ordinary Shares as "partnership shares" under the Plan at an allocation cost of the closing mid-market price on the day before the allocation.

·     Award of 9,815 Ordinary Shares as "matching shares" under the Plan.  No consideration was paid by the grantees for the award of the matching shares and no consideration is due on the release of the matching shares.

 

The risk of forfeiture attached to the matching shares will normally be removed on the third anniversary of allocation subject to continued employment and the retention of the partnership shares in connection with which they were awarded.

 

As part of the transactions referred to above and pursuant to disclosure requirements under the Market Abuse Regulation, certain PDMRs acquired Ordinary Shares as follows:

 

Director

Partnership shares acquired

Matching shares awarded

Total Interests

over

Ordinary Shares

% of current issued share capital

 

David Barron

 

275

 

275

 

563,383

 

0.32%

 

Piers Harrison

 

275

 

275

 

105,101

 

0.06%

 

Gervais Williams

 

275

 

275

 

17,648,555

 

9.91%

 

 

LEI number: 2138004UNDYXLICL8H10
           

For further information, please contact:

 

Miton Group plc

David Barron (CEO)  / Catriona Fletcher (Company Secretary)

 

 

020 3714 1500

Liberum (Nominated Adviser and Joint Broker)

Neil Patel / Cameron Duncan

 

 

020 3100 2000

N+1 Singer (Joint Broker)  

Tom Salvesen

 

 

020 7496 3000

 

 

www.mitongroup.com

 

1.

Details of PDMR / person closely associated with them ('PCA')

a)

Name

David Barron

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

Miton Group plc

b)

LEI

2138004UNDYXLICL8H10

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 0.1p each in Miton Group plc

 

GB00B01WR582

b)

Nature of the transaction

PDMR acquired "partnership shares" and was awarded "matching shares" through the Company's share incentive scheme.

c)

Price(s) and volume(s)


Price(s)

Volume(s)

Partnership shares

54.7

275

Matching shares

0p (nil) per share

275

 

 

d)

Aggregated information

Aggregated volume

Price


Price(s)

Volume(s)

Partnership shares

54.7p

275

Matching shares

0p (nil) per share

275

 

 

e)

Date of the transaction

27 November 2018

f)

Place of the transaction

 

London Stock Exchange

 

 

 

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

Miton Group plc

b)

LEI+

2138004UNDYXLICL8H10

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 0.1p each in Miton Group plc

 

GB00B01WR582

b)

Nature of the transaction

PDMR acquired "partnership shares" and was awarded "matching shares" through the Company's share incentive scheme.

c)

Price(s) and volume(s)


Price(s)

Volume(s)

Partnership shares

54.7p

275

Matching shares

0p (nil) per share

275

 

 

d)

Aggregated information

Aggregated volume

Price


Price(s)

Volume(s)

Partnership shares

54.7p

275

Matching shares

0p (nil) per share

275

 

 

e)

Date of the transaction

27 November 2018

f)

Place of the transaction

 

London Stock Exchange

 

 

1.

Details of PDMR / person closely associated with them ('PCA')

a)

Name

Gervais Williams

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

Miton Group plc

b)

LEI

2138004UNDYXLICL8H10

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 0.1p each in Miton Group plc

 

GB00B01WR582

b)

Nature of the transaction

PDMR acquired "partnership shares" and was awarded "matching shares" through the Company's share incentive scheme.

c)

Price(s) and volume(s)


Price(s)

Volume(s)

Partnership shares

54.7p

275

Matching shares

0p (nil) per share

275

 

 

d)

Aggregated information

Aggregated volume

Price


Price(s)

Volume(s)

Partnership shares

54.7p

275

Matching shares

0p (nil) per share

275

 

 

e)

Date of the transaction

27 November 2018

f)

Place of the transaction

 

London Stock Exchange

 

 


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 [email protected] or visit www.rns.com.
 
END
 
 
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Miton Group PLC Timeline

Newswire
January 14 2016

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