TIDMPAM

RNS Number : 2427D

Premier Asset Management Group PLC

25 April 2017

25 April, 2017

Premier Asset Management Group PLC

("Premier" or the "Company")

Director/PDMR/PCA shareholding

Premier Asset Management Group PLC (AIM: PAM) today announces that it has been notified of the following transactions in the Company's ordinary shares of 0.02p each (the "Shares") undertaken by certain directors and persons discharging managerial responsibility transferring Shares to persons closely associated with them.

The notification below, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Enquiries:

 
 Premier Asset Management Group       Tel: 01483 306090 
  PLC                                  Mike O'Shea 
-----------------------------------  ------------------- 
 Stifel Nicolaus Europe Ltd trading   Tel: 0207 710 7600 
  as KBW                               Gareth Hunt 
  (Nomad and Joint Broker)             Stewart Wallace 
-----------------------------------  ------------------- 
 Numis Securities Limited             Tel: 020 7260 1000 
  (Joint Broker)                       Andrew Holloway 
                                       Charles Farquhar 
-----------------------------------  ------------------- 
 Smithfield Consultants               Tel: 020 3047 2533 
  (Financial PR)                       John Kiely 
                                       Andrew Wilde 
-----------------------------------  ------------------- 
 

Note to editors

About Premier

Premier is a fast--growing UK retail asset management group with a focus on delivering good investment outcomes for investors through relevant products and active management across its range of investment strategies, which include multi--asset, equity and absolute return funds. Premier had GBP5.5 billion of assets under management as at 31 March 2017.

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail:

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
---  ----------------------------------------------------------------------- 
 a)   Name                        Michael O'Shea - Chief Executive Officer 
---  --------------------------  ------------------------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------------------- 
 a)   Position/status             Chief Executive Officer - classified 
                                   as PDMR of Premier Asset Management Group 
                                   PLC 
---  --------------------------  ------------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
---  --------------------------  ------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
---  ----------------------------------------------------------------------- 
 a)   Name                        Premier Asset Management 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,       Asset Management Group PLC. 
       type of instrument          ISIN: GB00BZB2KR63 
       Identification code 
---  --------------------------  ------------------------------------------- 
 b)   Nature of the transaction   Transfer out (disposal) 
---  --------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)      Price- n/a 
                                   Volume: 412,150 
---  --------------------------  ------------------------------------------- 
 d)   Aggregated information      n/a 
---  --------------------------  ------------------------------------------- 
 e)   Date of the transaction     24(th) April 2017 
---  --------------------------  ------------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
---  --------------------------  ------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
---  ----------------------------------------------------------------------- 
 a)   Name                        Mark Friend - Chief Operating Officer 
---  --------------------------  ------------------------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------------------- 
 a)   Position/status             Chief Operating Officer - classified 
                                   as PDMR of Premier Asset Management Group 
                                   PLC 
---  --------------------------  ------------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
---  --------------------------  ------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
---  ----------------------------------------------------------------------- 
 a)   Name                        Premier Asset Management 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,       Asset Management Group PLC. 
       type of instrument          ISIN: GB00BZB2KR63 
       Identification code 
---  --------------------------  ------------------------------------------- 
 b)   Nature of the transaction   Transfer out (disposal) 
---  --------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)      Price- nil 
                                   Volume: 461,700 
---  --------------------------  ------------------------------------------- 
 d)   Aggregated information      n/a 
---  --------------------------  ------------------------------------------- 
 e)   Date of the transaction     24(th) April 2017 
---  --------------------------  ------------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
---  --------------------------  ------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
---  ----------------------------------------------------------------------- 
 a)   Name                        David Hambidge - Head of Multi-Asset 
                                   Funds 
---  --------------------------  ------------------------------------------- 
 2    Reason for the notification 
---  ----------------------------------------------------------------------- 
 a)   Position/status             Head of Multi-Asset Funds - classified 
                                   as PDMR of Premier Asset Management Group 
                                   PLC 
---  --------------------------  ------------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
---  --------------------------  ------------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
---  ----------------------------------------------------------------------- 
 a)   Name                        Premier Asset Management 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,       Asset Management Group PLC. 
       type of instrument          ISIN: GB00BZB2KR63 
       Identification code 
---  --------------------------  ------------------------------------------- 
 b)   Nature of the transaction   Transfer out (disposal) 
---  --------------------------  ------------------------------------------- 
 c)   Price(s) and volume(s)      Price- n/a 
                                   Volume: 1,025,000 
---  --------------------------  ------------------------------------------- 
 d)   Aggregated information      n/a 
---  --------------------------  ------------------------------------------- 
 e)   Date of the transaction     24(th) April 2017 
---  --------------------------  ------------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
---  --------------------------  ------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
---  --------------------------------------------------------------------- 
 a)   Name                        Michael Hammond- Sales Director 
---  --------------------------  ----------------------------------------- 
 2    Reason for the notification 
---  --------------------------------------------------------------------- 
 a)   Position/status             Sales Director - classified as PDMR of 
                                   Premier Asset Management Group PLC 
---  --------------------------  ----------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
---  --------------------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
---  --------------------------------------------------------------------- 
 a)   Name                        Premier Asset Management 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,       Asset Management Group PLC. 
       type of instrument          ISIN: GB00BZB2KR63 
       Identification code 
---  --------------------------  ----------------------------------------- 
 b)   Nature of the transaction   Transfer out (disposal) 
---  --------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)      Price- nil 
                                   Volume: 394,050 
---  --------------------------  ----------------------------------------- 
 d)   Aggregated information      n/a 
---  --------------------------  ----------------------------------------- 
 e)   Date of the transaction     24(th) April 2017 
---  --------------------------  ----------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
---  --------------------------  ----------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
---  --------------------------------------------------------------------- 
 a)   Name                        Simon Wilson - Marketing Director 
---  --------------------------  ----------------------------------------- 
 2    Reason for the notification 
---  --------------------------------------------------------------------- 
 a)   Position/status             Sales Director - classified as PDMR of 
                                   Premier Asset Management Group PLC 
---  --------------------------  ----------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
---  --------------------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
---  --------------------------------------------------------------------- 
 a)   Name                        Premier Asset Management 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,       Asset Management Group PLC. 
       type of instrument          ISIN: GB00BZB2KR63 
       Identification code 
---  --------------------------  ----------------------------------------- 
 b)   Nature of the transaction   Transfer out (disposal) 
---  --------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)      Price- nil 
                                   Volume: 356,250 
---  --------------------------  ----------------------------------------- 
 d)   Aggregated information      n/a 
---  --------------------------  ----------------------------------------- 
 e)   Date of the transaction     24(th) April 2017 
---  --------------------------  ----------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
---  --------------------------  ----------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
---  --------------------------------------------------------------------- 
 a)   Name                        Catriona O'Shea 
---  --------------------------  ----------------------------------------- 
 2    Reason for the notification 
---  --------------------------------------------------------------------- 
 a)   Position/status             Classified as PCA of Mike O'Shea, PDMR 
                                   of Premier Asset Management Group PLC 
---  --------------------------  ----------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
---  --------------------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
---  --------------------------------------------------------------------- 
 a)   Name                        Premier Asset Management 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,       Asset Management Group PLC. 
       type of instrument          ISIN: GB00BZB2KR63 
       Identification code 
---  --------------------------  ----------------------------------------- 
 b)   Nature of the transaction   Transfer in (acquisition) 
---  --------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)      Price- nil 
                                   Volume: 412,150 
---  --------------------------  ----------------------------------------- 
 d)   Aggregated information      n/a 
---  --------------------------  ----------------------------------------- 
 e)   Date of the transaction     24(th) April 2017 
---  --------------------------  ----------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
---  --------------------------  ----------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
---  --------------------------------------------------------------------- 
 a)   Name                        Sadie Friend 
---  --------------------------  ----------------------------------------- 
 2    Reason for the notification 
---  --------------------------------------------------------------------- 
 a)   Position/status             Classified as PCA of Mark Friend, PDMR 
                                   of Premier Asset Management Group PLC 
---  --------------------------  ----------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
---  --------------------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
---  --------------------------------------------------------------------- 
 a)   Name                        Premier Asset Management 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,       Asset Management Group PLC. 
       type of instrument          ISIN: GB00BZB2KR63 
       Identification code 
---  --------------------------  ----------------------------------------- 
 b)   Nature of the transaction   Transfer in (acquisition) 
---  --------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)      Price- nil 
                                   Volume: 461,700 
---  --------------------------  ----------------------------------------- 
 d)   Aggregated information      n/a 
---  --------------------------  ----------------------------------------- 
 e)   Date of the transaction     24(th) April 2017 
---  --------------------------  ----------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
---  --------------------------  ----------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
---  --------------------------------------------------------------------- 
 a)   Name                        Amanda Hambidge 
---  --------------------------  ----------------------------------------- 
 2    Reason for the notification 
---  --------------------------------------------------------------------- 
 a)   Position/status             Classified as PCA of David Hambidge, 
                                   PDMR of Premier Asset Management Group 
                                   PLC 
---  --------------------------  ----------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
---  --------------------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
---  --------------------------------------------------------------------- 
 a)   Name                        Premier Asset Management 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,       Asset Management Group PLC. 
       type of instrument          ISIN: GB00BZB2KR63 
       Identification code 
---  --------------------------  ----------------------------------------- 
 b)   Nature of the transaction   Transfer in (acquisition) 
---  --------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)      Price- nil 
                                   Volume: 1,025,000 
---  --------------------------  ----------------------------------------- 
 d)   Aggregated information      n/a 
---  --------------------------  ----------------------------------------- 
 e)   Date of the transaction     24(th) April 2017 
---  --------------------------  ----------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
---  --------------------------  ----------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
---  --------------------------------------------------------------------- 
 a)   Name                        Amanda Hammond 
---  --------------------------  ----------------------------------------- 
 2    Reason for the notification 
---  --------------------------------------------------------------------- 
 a)   Position/status             Classified as PCA of Mike Hammond, PDMR 
                                   of Premier Asset Management Group PLC 
---  --------------------------  ----------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
---  --------------------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
---  --------------------------------------------------------------------- 
 a)   Name                        Premier Asset Management 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,       Asset Management Group PLC. 
       type of instrument          ISIN: GB00BZB2KR63 
       Identification code 
---  --------------------------  ----------------------------------------- 
 b)   Nature of the transaction   Transfer in (acquisition) 
---  --------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)      Price- nil 
                                   Volume: 394,050 
---  --------------------------  ----------------------------------------- 
 d)   Aggregated information      n/a 
---  --------------------------  ----------------------------------------- 
 e)   Date of the transaction     24(th) April 2017 
---  --------------------------  ----------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
---  --------------------------  ----------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities 
       / person closely associated 
---  --------------------------------------------------------------------- 
 a)   Name                        Lise Andreassen 
---  --------------------------  ----------------------------------------- 
 2    Reason for the notification 
---  --------------------------------------------------------------------- 
 a)   Position/status             Classified as PCA of Simon Wilson, PDMR 
                                   of Premier Asset Management Group PLC 
---  --------------------------  ----------------------------------------- 
 b)   Initial notification        Initial notification 
       /Amendment 
---  --------------------------  ----------------------------------------- 
 3    Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
---  --------------------------------------------------------------------- 
 a)   Name                        Premier Asset Management 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,       Asset Management Group PLC. 
       type of instrument          ISIN: GB00BZB2KR63 
       Identification code 
---  --------------------------  ----------------------------------------- 
 b)   Nature of the transaction   Transfer in (acquisition) 
---  --------------------------  ----------------------------------------- 
 c)   Price(s) and volume(s)      Price- nil 
                                   Volume: 356,250 
---  --------------------------  ----------------------------------------- 
 d)   Aggregated information      n/a 
---  --------------------------  ----------------------------------------- 
 e)   Date of the transaction     24(th) April 2017 
---  --------------------------  ----------------------------------------- 
 f)   Place of the transaction    Outside a trading venue 
---  --------------------------  ----------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHIAMLTMBJTMFR

(END) Dow Jones Newswires

April 25, 2017 05:38 ET (09:38 GMT)

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