Brooks Macdonald Group plc
(the "Company")
Director / PDMR Shareholding
On 16 September 2022, Andrew Shepherd, Chief Executive Officer, exercised awards over ordinary shares of 1 pence each in the Company ("Shares") granted under the 2018 Long Term Incentive Plan (the "LTIP") as exceptional awards and deferred bonus share awards in 2019 and 2020 as set out in the table below. Following the exercise, a total of 3,825 Shares were sold to meet the income tax and National Insurance liabilities due as a result of the exercise. This happened in two tranches with 1,291 Shares being sold on 16 September 2022 at a price of 2,200.00p per share and the remaining 2,534 Shares being sold on 21 September 2022 at a price of 2,125p per share.
Scheme | No. of share awards exercised | No. of shares sold 16 September 2022 | No. of shares sold 22 September 2022 |
Exceptional Awards | 5,727 | 909 | 1,783 |
LTIP 2019 | 1,120 | 178 | 349 |
LTIP 2020 | 1,289 | 204 | 402 |
Totals | 8,136 | 1,291 | 2,534 |
To satisfy the exercise of the awards, 8,136 Shares were transferred from the Brooks Macdonald Employee Benefit Trust (the "EBT"). The Company was notified by JTC Employer Solutions Trustee Limited, as trustees of the EBT, that following this transfer the EBT holds 603,779 Shares, representing 3.73% of the Company's total voting rights.
The notifications below, made in accordance with the requirements of the UK Market Abuse Regulation, provide further detail.
|
|
|
| 1 | Details of PDMR / person closely associated | a) | Name | Andrew Shepherd | 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 exceptional awards granted under the 2018 Brooks Macdonald Long Term Incentive Scheme | c) | Price (pence) and volume | Price(s) | Volume(s) | Nil | 5,727 |
| d) | Aggregated information - Aggregated volume |
|
| - Price (pence) | Nil | e) | Date of the transaction | | f) | Place of the transaction | Outside a trading venue |
|
|
|
|
|
| 1 | Details of PDMR / person closely associated | a) | Name | Andrew Shepherd | 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 exceptional awards granted under the 2018 Brooks Macdonald Long Term Incentive Scheme. | c) | Price (pence) and volume | Price(s) | Volume(s) | 2200.00 | 909 |
| d) | Aggregated information - Aggregated volume | 909 |
| - Price (pence) | 2200.00 | e) | Date of the transaction | | f) | Place of the transaction | The London Stock Exchange |
|
|
1 | Details of PDMR / person closely associated |
a) | Name | Andrew Shepherd |
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 exceptional awards granted under the 2018 Brooks Macdonald Long Term Incentive Scheme. |
c) | Price (pence) and volume | Price(s) | Volume(s) | 2,125.00 | 1,783 |
|
d) | Aggregated information - Aggregated volume | 1,783 |
| - Price (pence) | 2,125.00 |
e) | Date of the transaction | |
f) | Place of the transaction | The London Stock Exchange |
|
|
|
| 1 | Details of PDMR / person closely associated | a) | Name | Andrew Shepherd | 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 2019 Brooks Macdonald Long Term Incentive Plan | c) | Price (pence) and volume | Price(s) | Volume(s) | Nil | 1,120 |
| d) | Aggregated information - Aggregated volume | 1,120 |
| - Price (pence) | Nil | e) | Date of the transaction | | f) | Place of the transaction | Outside a trading venue |
|
|
|
|
|
| 1 | Details of PDMR / person closely associated | a) | Name | Andrew Shepherd | 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 2019 Brooks Macdonald Long Term Incentive Plan. | c) | Price (pence) and volume | Price(s) | Volume(s) | 2200.00 | 178 |
| d) | Aggregated information - Aggregated volume | 178 |
| - Price (pence) | 2200.00 | e) | Date of the transaction | | f) | Place of the transaction | The London Stock Exchange |
|
|
| | | |
|
1 | Details of PDMR / person closely associated | a) | Name | Andrew Shepherd | 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 2019 Brooks Macdonald Long Term Incentive Plan. | c) | Price (pence) and volume | Price(s) | Volume(s) | 2,125.00 | 349 |
| d) | Aggregated information - Aggregated volume | 349 |
| - Price (pence) | 2,125.00 | e) | Date of the transaction | | f) | Place of the transaction | The London Stock Exchange |
|
|
|
|
| 1 | Details of PDMR / person closely associated | a) | Name | Andrew Shepherd | 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 2020 Brooks Macdonald Long Term Incentive Plan | c) | Price (pence) and volume | Price(s) | Volume(s) | Nil | 1,289 |
| d) | Aggregated information - Aggregated volume | 1,289 |
| - Price (pence) | Nil | e) | Date of the transaction | | f) | Place of the transaction | Outside a trading venue |
|
|
|
|
|
| 1 | Details of PDMR / person closely associated | a) | Name | Andrew Shepherd | 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 2020 Brooks Macdonald Long Term Incentive Plan. | c) | Price (pence) and volume | Price(s) | Volume(s) | 2200.00 | 204 |
| d) | Aggregated information - Aggregated volume | 204 |
| - Price (pence) | 2200.00 | e) | Date of the transaction | | f) | Place of the transaction | The London Stock Exchange |
|
|
| | | |
|
1 | Details of PDMR / person closely associated | a) | Name | Andrew Shepherd | 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 2020 Brooks Macdonald Long Term Incentive Plan. | c) | Price (pence) and volume | Price(s) | Volume(s) | 2,125.00 | 402 |
| d) | Aggregated information - Aggregated volume | 402 |
| - Price (pence) | 2,125.00 | e) | Date of the transaction | | f) | Place of the transaction | The London Stock Exchange |
|
Enquiries:
Brooks Macdonald Group plc |
|
Andrew Shepherd, Group CEO | +44 (0)20 7659 3492 |
Ben Thorpe, Chief Financial Officer | +44 (0)20 7659 3492 |
|
|
Peel Hunt LLP |
|
Paul Shackleton / John Welch | +44 (0)20 7418 8900 |
LEI: 213800WRDF8LB8MIEX37
Last checked at