Director/PDMR Shareholding

RNS Number : 1934A

Brooks Macdonald Group PLC

21 September 2022

 

Brooks Macdonald Group plc

(the "Company")

Director/PDMRShareholding

On 16 September 2022, Andrew Shepherd, Chief Executive Officer, exercised awards over ordinary shares of 1 pence each in the Company ("Shares") granted under the 2018 Long Term Incentive Plan (the "LTIP") as exceptional awards and deferred bonus share awards in 2019 and 2020 as set out in the table below.  Following the exercise, a total of 3,825 Shares were sold to meet the income tax and National Insurance liabilities due as a result of the exercise. This happened in two tranches with 1,291 Shares being sold on 16 September 2022 at a price of 2,200.00p per share and the remaining 2,534 Shares being sold on 21 September 2022 at a price of 2,125p per share.

Scheme	No. of share awards exercised	No. of shares sold 16 September 2022	No. of shares sold 22 September 2022
Exceptional Awards	5,727	909	1,783
LTIP 2019	1,120	178	349
LTIP 2020	1,289	204	402
Totals	8,136	1,291	2,534

To satisfy the exercise of the awards, 8,136 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 holds 603,779 Shares, representing 3.73% of the Company's total voting rights.

The notifications below, made in accordance with the requirements of the UK 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 exceptional awards granted under the 2018 Brooks Macdonald Long Term Incentive Scheme  c)   Price (pence) and volume Price(s) Volume(s) Nil 5,727  d)   Aggregated information -  Aggregated  volume -   Price (pence) Nil  e)   Date of the transaction 16/09/2022  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 exceptional awards granted under the 2018 Brooks Macdonald Long Term Incentive Scheme.  c)   Price (pence) and volume Price(s) Volume(s) 2200.00 909  d)   Aggregated information - Aggregated volume 909 -  Price (pence) 2200.00  e)   Date of the transaction 16/09/2022  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 and National Insurance liabilities due on exercise of exceptional awards granted under the 2018 Brooks Macdonald Long Term Incentive Scheme.
c)	Price (pence) and volume	Price(s) Volume(s) 2,125.00 1,783
d)	Aggregated information - Aggregated volume	1,783
	-  Price (pence)	2,125.00
e)	Date of the transaction	21/09/2022
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 Exercise of awards granted under the 2019 Brooks Macdonald Long Term Incentive Plan  c)   Price (pence) and volume Price(s) Volume(s) Nil 1,120  d)   Aggregated information -  Aggregated  volume 1,120 -   Price (pence) Nil  e)   Date of the transaction 16/09/2022  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 2019 Brooks Macdonald Long Term Incentive Plan.  c)   Price (pence) and volume Price(s) Volume(s) 2200.00 178  d)   Aggregated information - Aggregated volume 178 -  Price (pence) 2200.00  e)   Date of the transaction 16/09/2022  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 and National Insurance liabilities due on exercise of awards granted under the 2019 Brooks Macdonald Long Term Incentive Plan.  c)   Price (pence) and volume Price(s) Volume(s) 2,125.00 349  d)   Aggregated information - Aggregated volume 349 -  Price (pence) 2,125.00  e)   Date of the transaction 21/09/2022  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 Exercise of awards granted under the 2020 Brooks Macdonald Long Term Incentive Plan  c)   Price (pence) and volume Price(s) Volume(s) Nil 1,289  d)   Aggregated information -  Aggregated  volume 1,289 -   Price (pence) Nil  e)   Date of the transaction 16/09/2022  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 2020 Brooks Macdonald Long Term Incentive Plan.  c)   Price (pence) and volume Price(s) Volume(s) 2200.00 204  d)   Aggregated information - Aggregated volume 204 -  Price (pence) 2200.00  e)   Date of the transaction 16/09/2022  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 and National Insurance liabilities due on exercise of awards granted under the 2020 Brooks Macdonald Long Term Incentive Plan.  c)   Price (pence) and volume Price(s) Volume(s) 2,125.00 402  d)   Aggregated information - Aggregated volume 402 -  Price (pence) 2,125.00  e)   Date of the transaction 21/09/2022  f)   Place of the transaction The London Stock Exchange

Enquiries:

Brooks Macdonald Group plc
Andrew Shepherd, Group CEO	[phone]
Ben Thorpe, Chief Financial Officer	[phone]
Peel Hunt LLP
Paul Shackleton / John Welch	[phone]

LEI: 213800WRDF8LB8MIEX37

 

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