Exercise of Options and Director's Dealing

RNS Number : 2491D

Brooks Macdonald Group PLC

18 March 2011

 



Brooks Macdonald Group PLC

(the "Company")

Exercise of Options and Director's Dealing

The Company received notice on 16 March 2011 that, on the same day, a number of its employees exercised options over an aggregate 30,500 ordinary shares of 1p each in the Company ("Ordinary Shares"). Of these, Andrew Shepherd, an Executive Director of the Company, exercised options over an aggregate 29,000 Ordinary Shares as follows:

Director	Number of options exercised	Date of grant	Exercise price
Andrew Shepherd	14,000	31 October 2005	£1.555
	9,000	17 October 2006	£2.15
	6,000	17 October 2007	£2.905
TOTAL	29,000

Following the above exercise of options, Andrew Shepherd's beneficial interest in the Company is 67,262 Ordinary Shares representing 0.63% of the Company's enlarged issued share capital.

Pursuant to the above exercise of options, the Company has made application to the London Stock Exchange for 30,500 new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective on 22 March 2011.

Following this notification, the Company has 10,599,598 Ordinary Shares in issue.

Enquiries:

Brooks Macdonald Group PLC
Chris Macdonald, Chief Executive	[phone]
Simon Jackson, Finance Director
Collins Stewart Europe Limited
Bruce Garrow / Seb Jones	[phone]

 

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