Miton Group Plc Director Dealings (7208Q)
01 December 2016 - 11:19PM
UK Regulatory
TIDMMGR
RNS Number : 7208Q
Miton Group Plc
01 December 2016
1 December 2016
Miton Group plc
Director dealings
Miton Group plc (AIM:MGR.LN) announces that yesterday the
trustee of the Company's Share Incentive Plan operating through
Miton ESOP Trustee Ltd, a UK registered company, purchased 19,890
ordinary shares of 0.1 pence each ("Shares") at an allocation cost
of 30.9199p pence per Share as "partnership shares" under the
Company's Share Incentive 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.
In connection with and on the same date as the above purchase
all participants in the scheme were awarded Shares as "matching
shares" under the Company's Share Incentive 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.
PDMR transaction disclosures required under the Market Abuse
Regulation are as summarised below:
PDMR Partnership Matching Total % of current
shares shares holding issued
acquired awarded following shares
notification
----------- ------------ --------- -------------- -------------
Gervais
Williams 485 485 9,113,944 5.21%
----------- ------------ --------- -------------- -------------
ENDS
For further information, please contact:
Miton Group plc
Roger Bennett (Company Secretary) 020 3714 1500
Peel Hunt (Nominated adviser and Broker)
Guy Wiehahn 020 7418 8893
www.mitongroup.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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