Premier Miton Grants Performance-Linked LTIP Share Awards to Senior Management

Premier Asset Management ( (GB:PMI) ) just unveiled an update.

Premier Miton Group plc has granted nil-cost contingent share awards over its ordinary shares to certain senior managers and two directors under its 2016 Long Term Incentive Plan, with vesting contingent on continued employment and performance metrics including total shareholder return, earnings per share, assets under management and specified M&A and operational conditions over a three-year period to 30 September 2028. The grants, which include 816,000 shares for CEO Michael O’Shea and 425,000 shares for director Piers Harrison, further align senior leadership incentives with shareholder value creation and long-term business performance, reinforcing the company’s focus on growth, profitability and disciplined capital management within the competitive UK asset management sector.

The most recent analyst rating on (GB:PMI) stock is a Hold with a £55.00 price target. To see the full list of analyst forecasts on Premier Asset Management stock, see the GB:PMI Stock Forecast page.

Spark’s Take on GB:PMI Stock

According to Spark, TipRanks’ AI Analyst, GB:PMI is a Neutral.

The overall stock score reflects a combination of mixed financial performance, bearish technical indicators, and high valuation concerns. The strong dividend yield is a positive factor but is outweighed by the challenges in profitability and cash flow generation.

To see Spark’s full report on GB:PMI stock, click here.

More about Premier Asset Management

Premier Miton Group plc, trading as Premier Miton Investors, is a UK-based asset manager focused on delivering investment outcomes for clients through a range of actively managed strategies, including equity, fixed income, multi-asset and absolute return products.

Average Trading Volume: 363,059

Technical Sentiment Signal: Strong Sell

Current Market Cap: £81.75M

See more insights into PMI stock on TipRanks’ Stock Analysis page.