Exercise of Options and EBT dealings

RNS Number : 8664J

Brooks Macdonald Group PLC

04 April 2018

 

Brooks Macdonald Group plc

(the "Company")

Exercise of Options and Employee Benefit Trust Dealings

The Company has received notice that, on 3 April 2018, an employee has exercised options over a total of 40 ordinary shares of one pence each in the Company ("Ordinary Shares") under the Barclays Sharesave Scheme 2017. 

Pursuant to the exercise of these options, the Company has made an application today to the London Stock Exchange for 40 new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective on or around 10 April 2018.

The Company also received notice on 3 April 2018 by RBC cees Trustee Limited as trustees of the Brooks Macdonald Employee Benefit Trust (the "EBT"), that the EBT transferred 142 Ordinary Shares to meet employee awards under the 2015 and 2016 Long Term Incentive Scheme (the "Scheme").

Following this transfer the EBT now holds 174,699 ordinary shares, representing 1.26% of the Company's current voting rights.

The EBT is a discretionary trust for the benefit of employees of the Company and its subsidiaries, who have been granted awards under the Scheme.

Following this notification, the Company has 13,832,002 Ordinary Shares in issue.

Enquiries:

Brooks Macdonald Group PLC
Caroline Connellan, Chief Executive	[phone]
Peel Hunt LLP
Guy Wiehahn	[phone]

 

END

 

 

MSCBLGDSCBGBGIS