Last checked at 20 May 2020 17:04
Brooks Macdonald Group PLC
(the "Company")
Director/PDMR Shareholding
The Company announces that as part of its approved Save As You Earn ("SAYE") Scheme the following options to subscribe for ordinary shares of 1p each in the Company were granted on 13 May 2020.
Under the Company's 2020 SAYE Scheme (the "2020 SAYE") which was made available to all Group employees, a total of 226 employees including 5 PDMRs, have applied to participate, resulting in the grant of options to subscribe for an aggregate of 198,276 Ordinary Shares (the "2020 SAYE Options"). In addition, Group employees cancelled a total of 48,423 options from previous years (2019 SAYE - 30,843, 2018 SAYE - 14,012 & 2017 SAYE - 3,568) during the period in which the 2020 SAYE was open.
The 2020 SAYE Options each have an exercise price, calculated in accordance with the rules of scheme, of £11.72 (representing a discount of 20% to the mid-market closing price on 22 April 2020), being the last practicable day prior to the invitation to participate in the 2020 SAYE being made). Subject to the rules of 2020 SAYE, participants will be able to exercise their 2020 SAYE options within 6 months commencing from 1 June 2023.
Pursuant to the 2020 SAYE, the following PDMRs of the Company applied to participate, and have been granted 2020 SAYE Options in the amounts shown below:
PDMR | SAYE OPTIONS |
|
Robin Eggar | 1,535 |
|
Adrian Keane-Munday | 1,535 |
|
Edward Park | 1,535 |
|
Andrew Shepherd | 1,535 |
|
Benjamin Thorpe | 1,535 |
|
In addition, some PDMRs have sacrificed SAYE options from previous schemes:
PDMR | SAYE OPTIONS SACRIFICED | SAYE SCHEME YEAR |
Adrian Keane-Munday | 1,285 | 2019 |
Edward Park | 1,285 | 2019 |
Andrew Shepherd | 1,204 | 2018 |
Benjamin Thorpe | 1,285 | 2019 |
Enquiries:
Brooks Macdonald Group PLC |
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Ben Thorpe, Group Finance Director Phil Naylor, Company Secretary | +44 (0)20 7659 3492 | |
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Peel Hunt LLP |
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Guy Wiehahn | +44 (0)20 7418 8900 | |
LEI: 213800WRDF8LB8MIEX37
ANNEX
The notifications below, made in accordance with the EU Market Abuse Regulation, provide further details in relation to the grant of 2020 SAYE Options to the PDMRs:
1. | Details of the person discharging managerial responsibilities / person closely associated | |
(a) | Name | Robin Eggar |
2. | Reason for the notification | |
(a) | Position/status | Managing Director, Head of UK Investment Management |
(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
| Options granted over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc
BRK ISIN GB00B067N833 |
(b) | Nature of the transaction | Grant of options over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc under the 2020 SAYE |
(c) | Price(s) and volume(s) | Volume granted: 1,535 Exercise Price(s): £11.72 |
(d) | Aggregated information | Aggregated volume: n/a Aggregated price: n/a |
| Date of the transaction | 13 May 2020 |
| 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 | Managing Director, Financial Planning, and Marketing and Propositions 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 |
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
| Options granted over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc
BRK ISIN GB00B067N833 |
(b) | Nature of the transaction | Grant of options over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc under the 2020 SAYE |
(c) | Price(s) and volume(s) | Volume granted: 1,535 Exercise Price(s): £11.72 |
(d) | Aggregated information | Aggregated volume: n/a Aggregated price: n/a |
| Date of the transaction | 13 May 2020 |
| Place of the transaction | Outside of a main market |
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
| Options granted over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc
BRK ISIN GB00B067N833 |
(b) | Nature of the transaction | Sacrificed previously granted of options over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc under the 2019 SAYE |
(c) | Price(s) and volume(s) | Volume: 1,285 Price(s): N/A |
(d) | Aggregated information | Aggregated volume: n/a Aggregated price: n/a |
| Date of the transaction | 13 May 2020 |
| Place of the transaction | Outside of a main market |
1. | Details of the person discharging managerial responsibilities / person closely associated | |
(a) | Name | Edward Park |
2. | Reason for the notification | |
(a) | Position/status | Deputy Chief Investment 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
| Options granted over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc
BRK ISIN GB00B067N833 |
(b) | Nature of the transaction | Grant of options over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc under the 2020 SAYE |
(c) | Price(s) and volume(s) | Volume granted: 1,535 Exercise Price(s): £11.72 |
(d) | Aggregated information | Aggregated volume: n/a Aggregated price: n/a |
| Date of the transaction | 13 May 2020 |
| Place of the transaction | Outside of a main market |
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
| Options granted over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc
BRK ISIN GB00B067N833 |
(b) | Nature of the transaction | Sacrificed previously granted of options over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc under the 2019 SAYE |
(c) | Price(s) and volume(s) | Volume: 1,285 Price(s): N/A |
(d) | Aggregated information | Aggregated volume: n/a Aggregated price: n/a |
| Date of the transaction | 13 May 2020 |
| Place of the transaction | Outside of a main market |
1. | Details of the person discharging managerial responsibilities / person closely associated | |
(a) | Name | Andrew Shepherd |
2. | Reason for the notification | |
(a) | Position/status | CEO International & Group Deputy CEO |
(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
| Options granted over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc
BRK ISIN GB00B067N833 |
(b) | Nature of the transaction | Grant of options over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc under the 2020 SAYE |
(c) | Price(s) and volume(s) | Volume granted: 1,535 Exercise Price(s): £11.72 |
(d) | Aggregated information | Aggregated volume: n/a Aggregated price: n/a |
| Date of the transaction | 13 May 2020 |
| Place of the transaction | Outside of a main market |
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
| Options granted over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc
BRK ISIN GB00B067N833 |
(b) | Nature of the transaction | Sacrificed previously granted of options over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc under the 2018 SAYE |
(c) | Price(s) and volume(s) | Volume: 1,204 Price(s): N/A |
(d) | Aggregated information | Aggregated volume: n/a Aggregated price: n/a |
| Date of the transaction | 13 May 2020 |
| Place of the transaction | Outside of a main market |
1. | Details of the person discharging managerial responsibilities / person closely associated | |
(a) | Name | Benjamin 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 |
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
| Options granted over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc
BRK ISIN GB00B067N833 |
(b) | Nature of the transaction | Grant of options over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc under the 2020 SAYE |
(c) | Price(s) and volume(s) | Volume granted: 1,535 Exercise Price(s): £11.72 |
(d) | Aggregated information | Aggregated volume: n/a Aggregated price: n/a |
| Date of the transaction | 13 May 2020 |
| Place of the transaction | Outside of a main market |
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
| Options granted over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc
BRK ISIN GB00B067N833 |
(b) | Nature of the transaction | Sacrificed previously granted of options over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc under the 2019 SAYE |
(c) | Price(s) and volume(s) | Volume: 1,285 Price(s): N/A |
(d) | Aggregated information | Aggregated volume: n/a Aggregated price: n/a |
| Date of the transaction | 13 May 2020 |
| Place of the transaction | Outside of a main market |