15th Apr 2014 09:04
MITON GROUP PLC ("the Company")
DIRECTOR DEALING
Miton Group plc ('MGR'), the AIM quoted fund management company, was notified on 14 April 2014 that in accordance with the announcement made on 8 April 2014, Martin Gray, a director, disposed of 800,000 ordinary shares of 0.1 pence each ("Shares") in the Company at an average price of 44.50 pence per Share on 14 April 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 1,000,000 Shares.
Following the exercise of options and this disposal Martin Gray holds 2,535,238 Shares in the Company.
END
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
Related Shares:
MGR.L