25 Mar 2021 16:46
RNS Number : 5525T
Brooks Macdonald Group PLC
25 March 2021
Brooks Macdonald Group plc
(the "Company")
Director / PDMR Shareholding
The Company was informed that on 24 March 2021 Caroline Connellan, Chief Executive Officer of the Company, exercised awards over 1,525 ordinary shares of 1 pence each in the Company ("Shares") granted under the 2010 Brooks Macdonald Long Term Incentive Scheme (the "LTIS")). Following the exercise, 717 of the Shares were sold at a price of 2090p per share to meet the income tax and National Insurance liabilities due.
Scheme | No. of shares resulting from exercise | No. of shares sold to cover tax liabilities | No. of shares retained |
LTIS | 1,525 | 717 | 808 |
To satisfy the exercise of the awards, 1,525 Shares were transferred from the Brooks Macdonald Employee Benefit Trust (the "EBT"). The Company was notified by RBC cees Trustee Limited, as trustees of the EBT, that following this transfer the EBT now holds 606,186 Shares, representing 3.76% of the Company's total voting rights.
The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.
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| 1 | Details of PDMR / person closely associated | a) | Name | Caroline Connellan | 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 | 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 | Ordinary shares of 1p each BRK ISIN:GB00B067N833 | b) | Nature of the transaction | Exercise of awards granted under the 2010 Brooks Macdonald Long Term Incentive Scheme | c) | Price (pence) and volume | Price(s) | Volume(s) | Nil | 1,525 |
| d) | Aggregated information - Aggregated volume | 1,525 |
| - Price (pence) | Nil | e) | Date of the transaction | | f) | Place of the transaction | Outside a trading venue |
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| 1 | Details of PDMR / person closely associated | a) | Name | Caroline Connellan | 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 | 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 | Ordinary shares of 1p each BRK ISIN:GB00B067N833 | b) | Nature of the transaction | Sale of shares to cover income tax and National Insurance liabilities due on exercise of awards granted under the 2010 Brooks Macdonald Long Term Incentive Scheme. | c) | Price (pence) and volume | | d) | Aggregated information - Aggregated volume | 717 |
| - Price (pence) | 2090 | e) | Date of the transaction | | f) | Place of the transaction | The London Stock Exchange |
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Enquiries:
Brooks Macdonald Group PLC |
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Caroline Connellan, CEO | +44 (0)20 7659 3492 |
Ben Thorpe, Group Finance Director | +44 (0)20 7659 3492 |
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Peel Hunt LLP |
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Rishi Shah / John Welch | +44 (0)20 7418 8900 |
LEI: 213800WRDF8LB8MIEX37
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