Miton Group Plc Share Buyback (9144X)
November 30 2017 - 2:01AM
UK Regulatory
TIDMMGR
RNS Number : 9144X
Miton Group Plc
30 November 2017
30 November 2017
MITON GROUP PLC ("the Company")
Share Buyback
This announcement contains inside information within the meaning
of article 7 of the EU Market Abuse Regulation (MAR).
Miton Group plc (the 'Company' or 'Group'), the AIM quoted fund
management group, today announces that the Group has instructed
Peel Hunt LLP to acquire up to 8,546,063 Ordinary Shares of 0.1p at
the previous night's closing price of 39.75 pence per share in
order to ameliorate the dilution from the shares recently issued to
participants of the Growth Share Plan.
Shareholders who want to participate in the share buyback are
requested to contact Peel Hunt by no later than 5 p.m. on Tuesday 5
December 2017.
This share buyback is expected to exceed the 25% limit of the
average daily trading volume as laid down in Article 3 of
Commission Delegated Regulation (EU) No 2016/1052).
All Ordinary Shares purchased under the share buyback will be
cancelled.
Total Voting Rights
The Company's issued share capital prior to the buyback
programme comprises 181,181,474 Shares. Of these 16,726 are held in
Treasury. The total voting rights of the Company are 181,164,748
Shares and this figure may be used by shareholders in the Company
as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a
change in their interest in, the share capital of the Company under
the FCA's Disclosure and Transparency Rules.
-ENDS-
LEI number: 2138004UNDYXLICL8H10
For further information, please contact:
Miton Group plc 020 3714 1500
David Barron (Chief Executive)
MHP Communications miton@mhpc.com
Reg Hoare / Simon Hockridge 020 3128 8100
Peel Hunt (Nominated adviser and Broker)
Guy Wiehahn 020 7418 8900
Jock Maxwell Macdonald (Syndicate)
Sohail Akbar (Syndicate)
www.mitongroup.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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