Directors' Dealings

RNS Number : 2268T

Brooks Macdonald Group PLC

24 September 2010

 



Brooks Macdonald Group plc

Directors' Dealings

Brooks Macdonald Group plc (the "Company"), the AIM listed integrated wealth management group, today announces that on 23 September 2010, following publication of the Company's year end results and recent management presentations, certain directors sold an aggregate 246,171 ordinary shares of 1p each in the Company ("Ordinary Shares") to satisfy demand from institutional investors:

Director	Ordinary Shares sold	Price	Ordinary Shares post sale	Ordinary Share post sale as % of issued share capital
Chris Macdonald	50,000	895.5p	953,308	9.07%
Richard Spencer	70,000	895.5p	884,058	8.41%
Jonathan Gumpel	50,000	895.5p	740,379	7.04%
Simon Jackson	42,100	895.5p	50,862	0.48%
Nicholas Holmes	8,071	895.5p	37,431	0.36%
Andrew Shepherd	5,000	895.5p	38,262	0.36%
Nicholas Lawes	21,000	895.5p	32,262	0.31%
TOTAL	246,171

Chris Macdonald, CEO, commented: "Whilst we are keen for all our staff to retain and build their equity in the Company, we recognise the need to provide liquidity when required and are pleased to be able to accommodate buying demand from institutional investors."

Enquiries to:

Brooks Macdonald Group plc      [phone]

Chris Macdonald, Chief Executive

Simon Jackson, Finance Director

Collins Stewart Europe Limited    [phone]

Bruce Garrow

Sebastian Jones

Bankside Consultants                [phone]

Simon Rothschild

Louise Mason

 

END

 

 

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