Last checked at 24 Dec 2018 11:53
Brooks Macdonald Group plc
(the "Company")
Director/PDMR Shareholding
The Company announces that on 21 December 2018, that the following were granted nil cost options (the "Buyout Awards") under the Deferred Bonus Plan, 2018 Brooks Macdonald Long Term Incentive Plan (the "Plan") in respect of the ordinary shares of 1 pence each in the Company (the "Shares") in the Company:
Name of Director/PDMR | Number of Shares Subject to Buyout Awards |
Ben Thorpe | 20,293 |
Adrian Keane-Munday | 834 |
These Buy-Out Awards complete the commitments made by the Company to the above to replace awards which lapsed when they resigned from their previous employers.
The vesting of the Buyout Awards are to be satisfied by Shares held by the Brooks Macdonald Employee Benefit Trust (the "EBT"). The Trustees of the EBT make periodic share purchases as they deem appropriate. As at today's date the EBT held 278,335 Shares, representing 2.00% of the issued share capital of the Company.
1. | Details of the person discharging managerial responsibilities / person closely associated | |
(a) | Name | Ben 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 |
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 | Buy out Awards in the form of a nil cost option under the Deferred Bonus Plan of the 2018 Brooks Macdonald Long Terms Incentive Plan |
(c) | Price(s) and volume(s) | Volume granted: 20,293 Exercise Price(s): Nil cost |
(d) | Aggregated information | Aggregated volume: n/a Aggregated price: n/a |
Date of the transaction | 21 December 2018 | |
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 | MD, Financial Planning |
(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 | Buy out Awards in the form of a nil cost option under the Deferred Bonus Plan of the 2018 Brooks Macdonald Long Terms Incentive Plan |
¬ | Price(s) and volume(s) | Volume granted: 834 Exercise Price(s): Nil Cost |
(d) | Aggregated information | Aggregated volume: n/a Aggregated price: n/a |
Date of the transaction | 21 December 2018 | |
Place of the transaction | Outside of a main market | |
Enquiries:
Brooks Macdonald Group PLC | |
Caroline Connellan, Chief Executive Ben Thorpe, Group Finance Director | +44 (0)20 7499 6424 |
Peel Hunt LLP | |
Guy Wiehahn | +44 (0)20 7418 8900 |