Director/PDMR Shareholding

RNS Number : 0759U

Rathbone Brothers PLC

26 March 2019

 

Rathbone Brothers Plc (the "Company") 

Notification of Transactions of Persons Discharging Managerial Responsibilities

The Company announces that the following PDMRs were granted a share award in accordance with the rules of the Rathbone Brothers Plc 2015 Executive Incentive Plan for 2018. The award was based on a share price of £22.97, being the average of the closing mid-market share price during the 20 business days to 21 March 2019.

This award will vest over a five year period in equal tranches of 20% per annum. During this time, the award is subject to a full five year sale restriction period and will operate from the date of the award. The PDMRs will not be permitted to sell shares during the sale restriction period except for the purpose of meeting tax liabilities on vesting. The awards are subject to malus and clawback provisions.

The notifications below, which have been made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

Enquiries:

Ali Johnson

Company Secretary

Telephone - 0207 399 0326

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Philip Howell
2	Reason for the notification
a)	Position/status	Chief Executive
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Rathbone Brothers Plc
b)	LEI	213800MBTHM6UE8ZQP29
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 Identification code	Ordinary Shares of 5p each ISIN: GB0002148343
b)	Nature of the transaction	Share award grant made pursuant to the Rathbone Brothers Plc 2015 Executive Incentive Plan.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	22,156
d)	Aggregated information  - Aggregated volume - Price	Not applicable - single transaction
e)	Date of the transaction	2019-03-22
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Paul Stockton
2	Reason for the notification
a)	Position/status	Finance Director/Managing Director RIM
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Rathbone Brothers Plc
b)	LEI	213800MBTHM6UE8ZQP29
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 Identification code	Ordinary Shares of 5p each ISIN: GB0002148343
b)	Nature of the transaction	Share award grant made pursuant to the Rathbone Brothers Plc 2015 Executive Incentive Plan.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	16,376
d)	Aggregated information  - Aggregated volume - Price	Not applicable - single transaction
e)	Date of the transaction	2019-03-22
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Mike Bolsover
2	Reason for the notification
a)	Position/status	Head of Strategy and Organisation Development
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Rathbone Brothers Plc
b)	LEI	213800MBTHM6UE8ZQP29
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 Identification code	Ordinary Shares of 5p each ISIN: GB0002148343
b)	Nature of the transaction	Share award grant made pursuant to the Rathbone Brothers Plc 2015 Executive Incentive Plan.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	10,777
d)	Aggregated information  - Aggregated volume - Price	Not applicable - single transaction
e)	Date of the transaction	2019-03-22
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Andrew Butcher
2	Reason for the notification
a)	Position/status	Chief Operating Officer
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Rathbone Brothers Plc
b)	LEI	213800MBTHM6UE8ZQP29
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 Identification code	Ordinary Shares of 5p each ISIN: GB0002148343
b)	Nature of the transaction	Share award grant made pursuant to the Rathbone Brothers Plc 2015 Executive Incentive Plan.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	12,237
d)	Aggregated information  - Aggregated volume - Price	Not applicable - single transaction
e)	Date of the transaction	2019-03-22
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Sarah Owen-Jones
2	Reason for the notification
a)	Position/status	Chief Risk Officer
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Rathbone Brothers Plc
b)	LEI	213800MBTHM6UE8ZQP29
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 Identification code	Ordinary Shares of 5p each ISIN: GB0002148343
b)	Nature of the transaction	Share award grant made pursuant to the Rathbone Brothers Plc 2015 Executive Incentive Plan.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	12,049
d)	Aggregated information  - Aggregated volume - Price	Not applicable - single transaction
e)	Date of the transaction	2019-03-22
f)	Place of the transaction	Outside a trading venue

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Mike Webb
2	Reason for the notification
a)	Position/status	CEO of RUTM and Head of Marketing
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Rathbone Brothers Plc
b)	LEI	213800MBTHM6UE8ZQP29
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 Identification code	Ordinary Shares of 5p each ISIN: GB0002148343
b)	Nature of the transaction	Share award grant made pursuant to the Rathbone Brothers Plc 2015 Executive Incentive Plan.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	14,063
d)	Aggregated information  - Aggregated volume - Price	Not applicable - single transaction
e)	Date of the transaction	2019-03-22
f)	Place of the transaction	Outside a trading venue

 

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