Exercise of Options and EBT dealings

RNS Number : 0856P

Brooks Macdonald Group PLC

23 May 2018

 

Brooks Macdonald Group plc

(the "Company")

Exercise of Options and Employee Benefit Trust Dealings

The Company has received notice that, on 17 May 2018, an employee exercised an option over a total of 905 ordinary shares of one pence each in the Company ("Ordinary Shares") under the Brooks Macdonald Sharesave Scheme.

Pursuant to the exercise of the option, the Company has made an application today to the London Stock Exchange for 905 new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective on or around 30 May 2018.

On 23 May 2018 the Company was also notified by RBC cees Trustee Limited, as trustees of the Brooks Macdonald Employee Benefit Trust (the "EBT"), that the EBT transferred 20 ordinary shares of one pence in the Company ("Shares") to meet an employee award under the 2016 Long Term Incentive Scheme (the "Scheme").

Following this transfer the EBT now holds 169,366 ordinary shares, representing 1.22% 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.

Enquiries:

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

 

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