RNS Number : 8446X
Miton Group Plc
16 January 2014
 

MITON GROUP PLC ("the Company")

DIRECTOR DEALING

Miton Group plc ('MGR'), the AIM quoted fund management company, were notified on 15 January 2014 that in accordance with the announcement made on 17 December 2013, Martin Gray, a director, disposed of 760,000 ordinary shares of 0.1 pence each ("Shares") in the Company at an average price of 45.96 pence per Share on 15 January 2014.  The proceeds of the Share disposal will be used primarily to fund the subscription costs and the taxation and national insurance liabilities arising on the previously announced exercise of his options to subscribe for the 1,150,000 Shares.

 

Following the exercise of options and this disposal Martin Gray holds 2,335,238 Shares in the Company and has vested options to subscribe for a further 1,000,000 Shares at 25 pence per Share in the Company.

 

 

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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


This information is provided by RNS
The company news service from the London Stock Exchange
 
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