MITON GROUP PLC ("the Company")
MANAGEMENT EQUITY INCENTIVE SCHEME AWARD
Miton Group plc ('MGR'), the AIM quoted fund management company, announces that it has made an award over shares held within the Company's Management Equity Incentive scheme ("MEI") to the following director:
|
Awards over 0.1p ordinary shares with strike price of 50.325p per share |
|
Awards over 0.1p ordinary shares with strike price of 57.1875p per share |
David Barron |
750,000 |
|
1,250,000 |
The MEI award with a strike price of 50.325p per share is exercisable from the announcement of the Annual Results in accordance with AIM Rule 19 ("Annual Results") for the year ended 31 December 2016 until 40 days after the publication of the Annual Results for the year ending 31 December 2020. The MEI award with a strike price of 57.1875p per share is exercisable from the announcement of the Annual Results for the year ended 31 December 2017 until 40 days after the publication of the Annual Results for the year ending 31 December 2020. It is intended that the shares required to settle the exercise of the above award will come from existing issued share capital.
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For further information, please contact:
Miton Group plc
Ian Dighé, Executive Chairman Tel: 0118 338 4000
Roger Bennett, Company Secretary
Peel Hunt LLP(Nominated Adviser and Broker)
Guy Wiehahn / Harry Florry Tel: 020 7418 8900
MHP Communications
Reg Hoare / Simon Hockridge Tel: 020 3128 8100