Last checked at 6 Nov 2018 15:49
Brooks Macdonald Group PLC
(the "Company")
Director/PDMR Shareholding
Employee Benefit Trust Dealings
Director's Shareholding
On 2 November 2018 Nicholas Holmes, Managing Director UKIM, exercised share awards over 12,013 ordinary shares in the Company ("Ordinary Shares") granted under the Company's 2013, 2014 and 2015 Long Term Incentive Schemes and subsequently sold 5,646 Ordinary Shares.
Employee Benefit Trust Dealing
The Company was notified on 2 November 2018 by RBC cees Trustee Limited as trustees of the Brooks Macdonald Employee Benefit Trust (the "EBT"), that the EBT transferred 26,778 Ordinary Shares to meet employee awards under the 2013, 2014 and 2015 Long Term Incentive Scheme (the "Schemes"). The EBT then purchased 12,298 Ordinary Shares on 5 November 2018.
Following this transfer the EBT now holds 146,641 Ordinary Shares, representing 1.05% 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.
ANNEX
The notification below, made in accordance with the EU Market Abuse Regulation, provides further details:
1. | Details of the person discharging managerial responsibilities / person closely associated | |
(a) | Name | Nicholas Holmes |
2. | Reason for the notification | |
(a) | Position/status | Managing Director of UKIM |
(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 |
Transaction 1 | ||
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 1pence each
BRK ISIN GB00B067N833 |
(b) | Nature of the transaction | Acquisition of shares pursuant to the exercise of awards under the Brooks Macdonald 2013, 2014 and 2015 Long Term Incentive Schemes |
(c) | Price(s) and volume(s) | Volume granted: 12,013 Exercise Price(s): Nil |
(d) | Aggregated information | Aggregated volume: n/a Aggregated price: n/a |
Date of the transaction | 2 November 2018 | |
Place of the transaction | Outside of a main market | |
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 | ||
Transaction 2 | ||
(a)
| Description of the financial instrument, type of instrument
Identification code
|
Ordinary shares of 1pence each
BRK ISIN GB00B067N833 |
(b) | Nature of the transaction | The sale of shares to the Company's employee benefit trust to satisfy the tax liability arising from the exercise of awards under the Brooks Macdonald 2013, 2014 and 2015 Long Term Incentive Schemes |
(c) | Price(s) and volume(s) | Volume: 5,646 Price(s): £17.575 |
(d) | Aggregated information | Aggregated volume: n/a Aggregated price: n/a |
Date of the transaction | 5 November 2018 | |
Place of the transaction | Outside of a main market | |
Enquiries:
Brooks Macdonald Group PLC |
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Caroline Connellan, Chief Executive | +44 (0)20 7499 6424 |
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Peel Hunt LLP |
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Guy Wiehahn | +44 (0)20 7418 8900 |