Exercise of Options and PDMR Dealings

RNS Number : 3838P

Brooks Macdonald Group PLC

16 November 2016

 

Brooks Macdonald Group PLC

(the "Company")

Exercise of Options and PDMR Dealings

Long Term Incentive Scheme ("LTIS")

The Company has received notice on 14 November 2016, that a director and certain employees have exercised share options in accordance with the rules of the 2013 and 2010 LTIS schemes.

Director	Number of LTIS options over Shares exercised	Scheme	Total number of Shares held following transaction	% of Company's Issued Capital
Chris Macdonald	8,484	LITS 2010 and LTIS 2013	239,248	1.74%

In aggregate 26,255 options were exercised.  No new ordinary shares have been issued to satisfy the LTIS awards.  Following the exercise of options, the Brooks Macdonald Group Employee Benefit Trust (the "EBT") has transferred 26,255 ordinary shares to satisfy the awards to underlying beneficiaries.

The EBT repurchased 11,194 ordinary shares from members whom have left the scheme to satisfy 2016 EBT awards to Directors and staff.

The revised holding of the EBT is 228,847 ordinary shares, representing 1.67% of the Company's current voting rights.

Enquiries:

Brooks Macdonald Group PLC
Chris Macdonald, Chief Executive	[phone]
Simon Jackson, Finance Director
Peel Hunt LLP
Guy Wiehahn Adrian Haxby	[phone]

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Chris Macdonald
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
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	Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc
	Identification code	BRK ISIN GB00B067N833
b)	Nature of the transaction	Exercise of 8,484 options under the 2013 and 2010 LTIS schemes of Brooks Macdonald Group plc
c)	Price(s) and volume(s)	Price(s)             nil Volume(s)         8,484
d)	Aggregated information
e)	Date of transaction	14 November 2016
f)	Place of transaction	London Stock Exchange - AIM

 

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