Premier chairman resigns

The resignations come as Harvard Bidco, a company made up of Premier’s managers and backed by private equity firm Electra, accounced its final offer for the firm is now wholly unconditional. Premier also issued 2,844,658 new ordinary Premier Asset Management shares of 10p each which have been allotted upon the exercise of share options. Following the exercise of options, Mike O'Shea and Neil Macpherson, directors of Premier Asset Management, hold 1,544,703 and 375,787 ordinary shares of 10p each in the company, representing approximately 8.48% and 2.06% of the company's issued share cap...