16th Dec 2005 12:11
Premier Asset Management PLC16 December 2005 Premier Asset Management PLC Issue of Shares The Board of Premier Asset Management is pleased to announce that CastlefieldInvestment Partners LLP have transferred in excess of £80 million of funds on tothe Premier platform which has therefore triggered the final payment due toCastlefield for the 30% interest that Premier acquired on the 1st September2005. The actual amount of funds transferred was £119m. The final payment of £175,000.00 has been satisfied by the issue of 153,240Ordinary Shares of 10 pence each in the company. Application has been made toAiM for the admission of these Ordinary Shares. END This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
PAM.L