Business
Proposed capital reduction and notice of GM
Proposed capital reduction and notice of GM.
About this update from Premier Miton Group Plc
[{"type":"text","content":"\n \nRNS Number : 3469H Premier Asset Management Group PLC 07 June 2017 \n\n \n7 June 2017\n \nPremier Asset Management Group PLC\n \n(\"Premier\" or the \"Company\")\n \nProposed cancellation of the Share Premium Account\nand Notice of General Meeting\nFurther to the announcement of its half year results on 24 May 2017, Premier Asset Management Group PLC (AIM: PAM) announces that a circular containing details of the proposed cancellation of the Share Premium Account and a Notice of General Meeting has been posted to shareholders today. \n \nThe proposed capital reduction will cancel the Company's share premium account. This will create distributable reserves which will be available for the directors of the Company to use for the purposes of paying dividends and/or buying back ordinary shares, should circumstances in the future make it desirable to do so.\n \nThe Circular has been published and is available for download from the Company's website www.premierfunds.co.uk/corporate/documents.\n \nThe General Meeting is to be held at the Company's registered office at Eastgate Court, High Street, Guildford, Surrey GU1 3DE at 11:00 a.m. on 27 June 2017.\n \nEnquiries: \n\n\n\n\nPremier Asset Management Group PLC\n\n\nTel: 01483 306090\nMike O'Shea\n\n\n\n\nStifel Nicolaus Europe Ltd trading as KBW\n(Nomad and Joint Broker)\n \n\n\nTel: 020 7710 7600\nGareth Hunt\nStewart Wallace\n\n\n\n\nNumis Securities Limited\n(Joint broker)\n\n\nTel: 020 7260 1000\nAndrew Holloway\nCharles Farquhar\n\n\n\n\nSmithfield Consultants\n(Financial PR)\n\n\nTel: 020 3047 2533\nJohn Kiely\nAndrew Wilde\n\n\n\n\n \n \nAbout Premier\nPremier is a fast-growing UK retail asset management group with a focus on delivering good investment outcomes for investors through relevant products and active management across its range of investment strategies, which include multi-asset, equity and absolute return funds. Premier had £5.5 billion of assets under management as at 31 March 2017.\n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCSSSFAMFWSESM\n ","length":4396,"tagName":"div"}]