Director/PDMR Shareholding

RNS Number : 4129R

Brooks Macdonald Group PLC

04 November 2021

 

Brooks Macdonald Group plc

(the "Company")

Director / PDMR Shareholding

On 1 November 2021 Andrew Shepherd, Chief Executive Officer of the Company, received 4,827 ordinary shares of 1 pence each in the Company ("Shares") following the vesting of awards granted under the 2018 Long Term Incentive Plan (the "LTIP").  These awards vested in full as a result of the performance conditions being met.  Following the exercise, 1,401 of the LTIP Shares were sold, 639 at a price of 2,700.00p per share on 1 November and 762 at a price of 2,700.00p per share on 3 November to meet the income tax, national insurance and social security liabilities due.

No. of shares vested	No. of shares sold to cover tax liabilities	No. of shares retained
4,827	1,401	3,426

To satisfy the exercise of the awards, 4,827 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 518,218 Shares, representing 3.20% 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 Sale of shares to cover income tax, national insurance and social security liabilities due on vesting of awards granted under the 2018 Brooks Macdonald Long Term Incentive Plan  c)   Price (pence) and volume Price(s) Volume(s) 2,700.00 639  d)   Aggregated information - Aggregated volume 639 -  Price (pence) 2,700.00  e)   Date of the transaction 01/11/2021  f)   Place of the transaction The London Stock Exchange

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, national insurance and social security liabilities due on vesting of awards granted under the 2018 Brooks Macdonald Long Term Incentive Plan
c)	Price (pence) and volume	Price(s) Volume(s) 2,700.00 762
d)	Aggregated information - Aggregated volume	762
	-  Price (pence)	2,700.00
e)	Date of the transaction	03/11/2021
f)	Place of the transaction	The London Stock Exchange

Enquiries:

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

LEI: 213800WRDF8LB8MIEX37

 

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