Premier Miton Completes Tellworth Acquisition and Issues New Equity

Premier Asset Management ( (GB:PMI) ) has issued an announcement.

Premier Miton Group PLC has completed the acquisition of Tellworth Investments LLP, marking a significant growth in assets under management by £227 million to £698 million. The company plans to issue new shares as part of the additional consideration, with an application made to the London Stock Exchange for these shares to be admitted to trading on AIM, reflecting a strategic expansion in its market presence.

More about Premier Asset Management

Premier Miton Investors is a company focused on delivering favorable investment outcomes through a variety of investment strategies, including equity, fixed income, multi-asset, and absolute return products. The company emphasizes active management to cater to investors’ needs.

YTD Price Performance: -12.56%

Average Trading Volume: 419,809

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £83.47M

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