Exercise of Options and EBT dealings

RNS Number : 8655N

Brooks Macdonald Group PLC

11 May 2018

 

Brooks Macdonald Group PLC

(the "Company")

Exercise of Options and Employee Benefit Trust Dealings

The Company has received notice that, on 9 May 2018, a number of employees exercised options over a total of 2,715 ordinary shares of one pence each in the Company ("Ordinary Shares") under the Barclays Sharesave Schemes and Company Share Option Plan.

Pursuant to the exercise of these options, the Company has made an application today to the London Stock Exchange for 2,715 new Ordinary Shares to be admitted to trading on AIM ("Admission"). It is expected that Admission will become effective on or around 17 May 2018.

On 9 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 163 ordinary shares of 1 pence in the Company ("Shares") to meet employee awards under the 2015 and 2016 Long Term Incentive Schemes (the "Schemes").

Following this transfer the EBT now holds 169,447 ordinary shares, representing 1.23% 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 Schemes.

Enquiries:

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

 

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