Director/PDMR Shareholding

RNS Number : 5373N

Brooks Macdonald Group PLC

20 May 2020

 

Brooks Macdonald Group PLC

(the "Company")

Director/PDMR Shareholding

The Company announces that as part of its approved Save As You Earn ("SAYE") Scheme the following options to subscribe for ordinary shares of 1p each in the Company were granted on 13 May 2020.

Under the Company's 2020 SAYE Scheme (the "2020 SAYE") which was made available to all Group employees, a total of 226 employees including 5 PDMRs, have applied to participate, resulting in the grant of options to subscribe for an aggregate of 198,276 Ordinary Shares (the "2020 SAYE Options"). In addition, Group employees cancelled a total of 48,423 options from previous years (2019 SAYE - 30,843, 2018 SAYE - 14,012 & 2017 SAYE - 3,568) during the period in which the 2020 SAYE was open.

The 2020 SAYE Options each have an exercise price, calculated in accordance with the rules of scheme, of £11.72 (representing a discount of 20% to the mid-market closing price on 22 April 2020), being the last practicable day prior to the invitation to participate in the 2020 SAYE being made).  Subject to the rules of 2020 SAYE, participants will be able to exercise their 2020 SAYE options within 6 months commencing from 1 June 2023.

Pursuant to the 2020 SAYE, the following PDMRs of the Company applied to participate, and have been granted 2020 SAYE Options in the amounts shown below:

PDMR	SAYE OPTIONS
Robin Eggar	1,535
Adrian Keane-Munday	1,535
Edward Park	1,535
Andrew Shepherd	1,535
Benjamin Thorpe	1,535

In addition, some PDMRs have sacrificed SAYE options from previous schemes:

PDMR	SAYE OPTIONS SACRIFICED	SAYE SCHEME YEAR
Adrian Keane-Munday	1,285	2019
Edward Park	1,285	2019
Andrew Shepherd	1,204	2018
Benjamin Thorpe	1,285	2019

Enquiries:

Brooks Macdonald Group PLC
Ben Thorpe, Group Finance Director Phil Naylor, Company Secretary	[phone]
Peel Hunt LLP
Guy Wiehahn	[phone]

LEI: 213800WRDF8LB8MIEX37

 

ANNEX

The notifications below, made in accordance with the EU Market Abuse Regulation, provide further details in relation to the grant of 2020 SAYE Options to the PDMRs:

1.	Details of the person discharging managerial responsibilities / person closely associated
(a)	Name	Robin Eggar
2.	Reason for the notification
(a)	Position/status	Managing Director, Head of UK Investment Management
(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	213800WRDF8LB8MIEX37
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	Options granted over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc BRK  ISIN GB00B067N833
(b)	Nature of the transaction	Grant of options over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc under the 2020 SAYE
(c)	Price(s) and volume(s)	Volume granted: 1,535 Exercise Price(s): £11.72
(d)	Aggregated information	Aggregated volume: n/a Aggregated price: n/a
	Date of the transaction	13 May 2020
	Place of the transaction	Outside of a main market

1.	Details of the person discharging managerial responsibilities / person closely associated
(a)	Name	Adrian Keane-Munday
2.	Reason for the notification
(a)	Position/status	Managing Director, Financial Planning, and Marketing and Propositions Director
(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	213800WRDF8LB8MIEX37
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	Options granted over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc BRK  ISIN GB00B067N833
(b)	Nature of the transaction	Grant of options over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc under the 2020 SAYE
(c)	Price(s) and volume(s)	Volume granted: 1,535 Exercise Price(s): £11.72
(d)	Aggregated information	Aggregated volume: n/a Aggregated price: n/a
	Date of the transaction	13 May 2020
	Place of the transaction	Outside of a main market

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	Options granted over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc BRK  ISIN GB00B067N833
(b)	Nature of the transaction	Sacrificed previously granted of options over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc under the 2019 SAYE
(c)	Price(s) and volume(s)	Volume: 1,285 Price(s): N/A
(d)	Aggregated information	Aggregated volume: n/a Aggregated price: n/a
	Date of the transaction	13 May 2020
	Place of the transaction	Outside of a main market

1.	Details of the person discharging managerial responsibilities / person closely associated
(a)	Name	Edward Park
2.	Reason for the notification
(a)	Position/status	Deputy Chief Investment 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	213800WRDF8LB8MIEX37
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	Options granted over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc BRK  ISIN GB00B067N833
(b)	Nature of the transaction	Grant of options over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc under the 2020 SAYE
(c)	Price(s) and volume(s)	Volume granted: 1,535 Exercise Price(s): £11.72
(d)	Aggregated information	Aggregated volume: n/a Aggregated price: n/a
	Date of the transaction	13 May 2020
	Place of the transaction	Outside of a main market

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	Options granted over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc BRK  ISIN GB00B067N833
(b)	Nature of the transaction	Sacrificed previously granted of options over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc under the 2019 SAYE
(c)	Price(s) and volume(s)	Volume: 1,285 Price(s): N/A
(d)	Aggregated information	Aggregated volume: n/a Aggregated price: n/a
	Date of the transaction	13 May 2020
	Place of the transaction	Outside of a main market

1.	Details of the person discharging managerial responsibilities / person closely associated
(a)	Name	Andrew Shepherd
2.	Reason for the notification
(a)	Position/status	CEO International & Group Deputy CEO
(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	213800WRDF8LB8MIEX37
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	Options granted over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc BRK  ISIN GB00B067N833
(b)	Nature of the transaction	Grant of options over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc under the 2020 SAYE
(c)	Price(s) and volume(s)	Volume granted: 1,535 Exercise Price(s): £11.72
(d)	Aggregated information	Aggregated volume: n/a Aggregated price: n/a
	Date of the transaction	13 May 2020
	Place of the transaction	Outside of a main market

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	Options granted over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc BRK  ISIN GB00B067N833
(b)	Nature of the transaction	Sacrificed previously granted of options over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc under the 2018 SAYE
(c)	Price(s) and volume(s)	Volume: 1,204 Price(s): N/A
(d)	Aggregated information	Aggregated volume: n/a Aggregated price: n/a
	Date of the transaction	13 May 2020
	Place of the transaction	Outside of a main market

1.	Details of the person discharging managerial responsibilities / person closely associated
(a)	Name	Benjamin Thorpe
2.	Reason for the notification
(a)	Position/status	Finance Director
(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	213800WRDF8LB8MIEX37
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	Options granted over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc BRK  ISIN GB00B067N833
(b)	Nature of the transaction	Grant of options over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc under the 2020 SAYE
(c)	Price(s) and volume(s)	Volume granted: 1,535 Exercise Price(s): £11.72
(d)	Aggregated information	Aggregated volume: n/a Aggregated price: n/a
	Date of the transaction	13 May 2020
	Place of the transaction	Outside of a main market

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	Options granted over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc BRK  ISIN GB00B067N833
(b)	Nature of the transaction	Sacrificed previously granted of options over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc under the 2019 SAYE
(c)	Price(s) and volume(s)	Volume: 1,285 Price(s): N/A
(d)	Aggregated information	Aggregated volume: n/a Aggregated price: n/a
	Date of the transaction	13 May 2020
	Place of the transaction	Outside of a main market

 

END

 

 

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