Premier Miton Announces Admission of Equity to AIM
Why we think this is neutral
This appears to be a routine regulatory announcement regarding the admission of additional shares to AIM, with no details provided about the financial impact or performance of the company. As such, there is no clear positive or negative sentiment to the news.
Key Points
- Admission of Additional Consideration Shares to AIM
- Shares allotted to John Warren and Paul Marriage
- Shares subject to 3-year selling restriction
Summary
The asset manager has announced the admission of additional shares to the AIM market, related to a previous acquisition.
Premier Miton Group plc (AIM: PMI) has announced the admission of Additional Consideration Shares to trading on AIM, in relation to the acquisition of Tellworth Investments LLP. The shares have been allotted to John Warren and Paul Marriage, and are subject to a 3-year selling restriction.
GENERAL UPDATE