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BREAKING NEWS

Premier Asset Management merges with Miton to form group with 11.5 billion sterling AUM

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LONDON (Reuters) – Premier asset management group plc <PAM.L> – under terms of merger, holders of miton shares will be entitled to receive: 0.30186 premier shares in exchange for each miton share

Premier asset management group plc – holders of miton shares will be entitled to receive 0.30186 premier shares in exchange for each miton share

Premier asset management group plc <PAM.L> – merger values each miton share at 56.74 pence, comprising an equity value of 51.84 pence and a special dividend of 4.9 pence per miton share

Premier asset management group plc <PAM.L> – following completion of merger, miton shareholders will own approximately 33 per cent. Of combined group

Premier asset management group plc <PAM.L> – combined group will continue to be traded on aim

Premier asset management group plc <PAM.L> – reported pro-forma combined aum of £11.5 bln (as at 30 june 2019)

Premier am group plc miton group plc – rule 2.7 – recommended all-share merger

(Reporting by Carolyn Cohn)

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