Director/PDMR Shareholding

RNS Number : 6875M

Brooks Macdonald Group PLC

23 September 2021

 

Brooks Macdonald Group plc

(the "Company")

Director / PDMR Shareholding

The Company was informed that on 21 September 2021 Andrew Shepherd, Chief Executive Officer, exercised awards over ordinary shares of 1 pence each in the Company ("Shares") granted under the 2010 Brooks Macdonald Long Term Incentive Scheme (the "LTIS") as set out in the table below.  Following the exercise, some of the new Shares were sold at a price of 2304.2455p per share to meet the income tax and National Insurance liabilities due.

Scheme	No. of share awards exercised	No. of shares sold to cover tax liabilities	No. of shares retained
LTIS 2014	2,833	1,332	1,501
LTIS 2015	4,876	2,293	2,583
LTIS 2016	4,961	2,333	2,628
LTIP 2017	2,035	957	1,078
Total	14,705	6,915	7,790

To satisfy the exercise of the awards, 14,705 Shares were transferred from the Brooks Macdonald Employee Benefit Trust (the "EBT"). The Company was notified by JTC Employer Solutions Trustee Limited, as trustees of the EBT, that following this transfer the EBT now holds 555,558 Shares, representing 3.43% of the Company's total voting rights.

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

	1  Details of PDMR / person closely associated  a) Name Andrew Shepherd  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  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 1p each BRK ISIN:GB00B067N833  b)   Nature of the transaction Exercise of awards granted under the 2010 Brooks Macdonald Long Term Incentive Scheme  c)   Price (pence) and volume Price(s) Volume(s) Nil 14,705  d)   Aggregated information -  Aggregated  volume 14,705 -   Price (pence) Nil  e)   Date of the transaction 21/09/2021  f)   Place of the transaction Outside a trading venue
		1  Details of PDMR / person closely associated  a) Name Andrew Shepherd  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  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 1p each BRK ISIN:GB00B067N833  b)   Nature of the transaction Sale of shares to cover income tax and National Insurance liabilities due on exercise of awards granted under the 2014 Brooks Macdonald Long Term Incentive Scheme.  c)   Price (pence) and volume Price(s) Volume(s) 2304.2455 6,915  d)   Aggregated information - Aggregated volume 6,915 -  Price (pence) 2304.2455  e)   Date of the transaction 21/09/2021  f)   Place of the transaction The London Stock Exchange

Enquiries:

Brooks Macdonald Group PLC
Andrew Shepherd, CEO Designate	[phone]
Ben Thorpe, Chief Financial Officer	[phone]
Peel Hunt LLP
Rishi Shah / John Welch	[phone]

LEI: 213800WRDF8LB8MIEX37

 

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