Director/PDMR Shareholding

RNS Number : 0889J
Brooks Macdonald Group PLC
30 November 2018
 

Brooks Macdonald Group PLC

(the "Company")

 

Director/PDMR Shareholding

 

 

The Company announces that on 27 November 2018, awards over ordinary shares of 1pence (the "Shares") each in the Company were made to executive directors and PDMRs (the "Awards") in respect of deferred bonuses as follows:

 

A.            Awards were granted to the following in respect of annual bonuses earned during the financial year 2018 by the participants.

 

Name of Director/PDMR

Number of Shares Over Which Awards are Granted

Caroline Connellan

6,574

Andrew Shepherd

3,594

Nicholas Holmes

2,382

Richard Spencer

3,276

Jason Wood

3,607

Thomas Emery

972

 

B.            Awards were granted to the following are in part in lieu of sacrificed awards granted to the executives  by their previous employers which had lapsed as a result of their appointment to the Company:

 

Name of Director/PDMR

Number of Shares Over Which Awards are Granted

Ben Thorpe

2,905

Adrian Keane-Munday

968

Priti Verma

2,582

 

Both Awards were made pursuant to the Deferred Bonus Plan under the umbrella 2018 Brooks Macdonald Long Term Incentive Plan (the "Plan").  The Plan has been established to retain and incentivise key executives and to ensure that the interests of those individuals are closely aligned to the interests of shareholders.  The Awards have been granted in the form of a nil cost option and, subject to the rules of the Plan will vest as follows:

·     31 August 2019 as regards 50% of the Shares subject to it.

·     31 August 2020 as regards 50% of the Shares subject to it

The vesting of the deferred bonus awards are to be satisfied by ordinary shares held by the Brooks Macdonald Employee Benefit Trust (the "EBT"). The Trustees of the EBT make periodic share purchases as they deem appropriate and, as at the current date, hold 225,703 Shares, representing approximately 1.62% of the issued share capital of the Company.

 

ANNEX

The notification below, made in accordance with the EU Market Abuse Regulation, provides further details:

 

1.

Details of the person discharging managerial responsibilities / person closely associated

(a)

Name

Caroline Connellan

2.

Reason for the notification

(a)

Position/status

 Chief Executive Officer

(b)

Initial notification /Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  

(a)

Name  

Brooks Macdonald Group plc

(b)

LEI

213800WRDF8LB8MIEX37


Transaction 1

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

(a)

 

Description of the financial instrument, type of instrument

Identification code

 

 

Ordinary shares of  1pence each

 

BRK

 ISIN GB00B067N833 

(b)

Nature of the transaction

Grant of options under Deferred Bonus Plan, 2018 Brooks Macdonald Long Term Incentive Plan

(c)

Price(s) and volume(s)

Volume granted: 6,574

Exercise Price(s): Nil

(d)

Aggregated information

Aggregated volume: n/a

Aggregated price: n/a


Date of the transaction

27 November 2018


Place of the transaction

Outside of a main market

 

 

1.

Details of the person discharging managerial responsibilities / person closely associated

(a)

Name

Ben Thorpe

2.

Reason for the notification

(a)

Position/status

 Finance Director

(b)

Initial notification /Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  

(a)

Name  

Brooks Macdonald Group plc

(b)

LEI

213800WRDF8LB8MIEX37


Transaction 1

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

(a)

 

Description of the financial instrument, type of instrument

Identification code

 

 

Ordinary shares of  1pence each

 

BRK

 ISIN GB00B067N833 

(b)

Nature of the transaction

Grant of options under Deferred Bonus Plan, 2018 Brooks Macdonald Long Term Incentive Plan

(c)

Price(s) and volume(s)

Volume granted: 2,905

Exercise Price(s): Nil

(d)

Aggregated information

Aggregated volume: n/a

Aggregated price: n/a


Date of the transaction

27 November 2018


Place of the transaction

Outside of a main market

 

 

1.

Details of the person discharging managerial responsibilities / person closely associated

(a)

Name

Andrew Shepherd

2.

Reason for the notification

(a)

Position/status

 Deputy Chief Executive Officer

(b)

Initial notification /Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  

(a)

Name  

Brooks Macdonald Group plc

(b)

LEI

213800WRDF8LB8MIEX37


Transaction 1

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

(a)

 

Description of the financial instrument, type of instrument

Identification code

 

 

Ordinary shares of  1pence each

 

BRK

 ISIN GB00B067N833 

(b)

Nature of the transaction

Grant of options under Deferred Bonus Plan, 2018 Brooks Macdonald Long Term Incentive Plan

(c)

Price(s) and volume(s)

Volume granted: 3,594

Exercise Price(s): Nil

(d)

Aggregated information

Aggregated volume: n/a

Aggregated price: n/a


Date of the transaction

27 November 2018


Place of the transaction

Outside of a main market

 

 

1.

Details of the person discharging managerial responsibilities / person closely associated

(a)

Name

Nicholas Holmes

2.

Reason for the notification

(a)

Position/status

 MD, UK Investment Management

(b)

Initial notification /Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  

(a)

Name  

Brooks Macdonald Group plc

(b)

LEI

213800WRDF8LB8MIEX37


Transaction 1

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

(a)

 

Description of the financial instrument, type of instrument

Identification code

 

 

Ordinary shares of  1pence each

 

BRK

 ISIN GB00B067N833 

(b)

Nature of the transaction

Grant of options under Deferred Bonus Plan, 2018 Brooks Macdonald Long Term Incentive Plan

(c)

Price(s) and volume(s)

Volume granted: 2,382

Exercise Price(s): Nil

(d)

Aggregated information

Aggregated volume: n/a

Aggregated price: n/a


Date of the transaction

27 November 2018


Place of the transaction

Outside of a main market

 

 

1.

Details of the person discharging managerial responsibilities / person closely associated

(a)

Name

Adrian Keane-Munday

2.

Reason for the notification

(a)

Position/status

 MD, Financial Planning

(b)

Initial notification /Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  

(a)

Name  

Brooks Macdonald Group plc

(b)

LEI

213800WRDF8LB8MIEX37


Transaction 1

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

(a)

 

Description of the financial instrument, type of instrument

Identification code

 

 

Ordinary shares of  1pence each

 

BRK

 ISIN GB00B067N833 

(b)

Nature of the transaction

Grant of options under Deferred Bonus Plan, 2018 Brooks Macdonald Long Term Incentive Plan

(c)

Price(s) and volume(s)

Volume granted: 968

Exercise Price(s): Nil

(d)

Aggregated information

Aggregated volume: n/a

Aggregated price: n/a


Date of the transaction

27 November 2018


Place of the transaction

Outside of a main market

 

 

1.

Details of the person discharging managerial responsibilities / person closely associated

(a)

Name

Priti Verma

2.

Reason for the notification

(a)

Position/status

 Chief Risk Officer

(b)

Initial notification /Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  

(a)

Name  

Brooks Macdonald Group plc

(b)

LEI

213800WRDF8LB8MIEX37


Transaction 1

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

(a)

 

Description of the financial instrument, type of instrument

Identification code

 

 

Ordinary shares of  1pence each

 

BRK

 ISIN GB00B067N833 

(b)

Nature of the transaction

Grant of options under Deferred Bonus Plan, 2018 Brooks Macdonald Long Term Incentive Plan

(c)

Price(s) and volume(s)

Volume granted: 2,582

Exercise Price(s): Nil

(d)

Aggregated information

Aggregated volume: n/a

Aggregated price: n/a


Date of the transaction

27 November 2018


Place of the transaction

Outside of a main market

 

 

1.

Details of the person discharging managerial responsibilities / person closely associated

(a)

Name

Richard Spencer

2.

Reason for the notification

(a)

Position/status

 Chief Investment Officer

(b)

Initial notification /Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  

(a)

Name  

Brooks Macdonald Group plc

(b)

LEI

213800WRDF8LB8MIEX37


Transaction 1

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

(a)

 

Description of the financial instrument, type of instrument

Identification code

 

 

Ordinary shares of  1pence each

 

BRK

 ISIN GB00B067N833 

(b)

Nature of the transaction

Grant of options under Deferred Bonus Plan, 2018 Brooks Macdonald Long Term Incentive Plan

(c)

Price(s) and volume(s)

Volume granted: 3,276

Exercise Price(s): Nil

(d)

Aggregated information

Aggregated volume: n/a

Aggregated price: n/a


Date of the transaction

27 November 2018


Place of the transaction

Outside of a main market

 

 

1.

Details of the person discharging managerial responsibilities / person closely associated

(a)

Name

Jason Wood

2.

Reason for the notification

(a)

Position/status

 Chief Operating Officer

(b)

Initial notification /Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  

(a)

Name  

Brooks Macdonald Group plc

(b)

LEI

213800WRDF8LB8MIEX37


Transaction 1

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

(a)

 

Description of the financial instrument, type of instrument

Identification code

 

 

Ordinary shares of  1pence each

 

BRK

 ISIN GB00B067N833 

(b)

Nature of the transaction

Grant of options under Deferred Bonus Plan, 2018 Brooks Macdonald Long Term Incentive Plan

(c)

Price(s) and volume(s)

Volume granted: 3,607

Exercise Price(s): Nil

(d)

Aggregated information

Aggregated volume: n/a

Aggregated price: n/a


Date of the transaction

27 November 2018


Place of the transaction

Outside of a main market

 

 

1.

Details of the person discharging managerial responsibilities / person closely associated

(a)

Name

Thomas Emery

2.

Reason for the notification

(a)

Position/status

 HR Director

(b)

Initial notification /Amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor  

(a)

Name  

Brooks Macdonald Group plc

(b)

LEI

213800WRDF8LB8MIEX37


Transaction 1

4.

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

(a)

 

Description of the financial instrument, type of instrument

Identification code

 

 

Ordinary shares of  1pence each

 

BRK

 ISIN GB00B067N833 

(b)

Nature of the transaction

Grant of options under Deferred Bonus Plan, 2018 Brooks Macdonald Long Term Incentive Plan

(c)

Price(s) and volume(s)

Volume granted: 972

Exercise Price(s): Nil

(d)

Aggregated information

Aggregated volume: n/a

Aggregated price: n/a


Date of the transaction

27 November 2018


Place of the transaction

Outside of a main market

 

Enquiries:

 

Brooks Macdonald Group PLC


Caroline Connellan, Chief Executive

  +44 (0)20 7499 6424





Peel Hunt LLP


Guy Wiehahn

+44 (0)20 7418 8900

 

 


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