Director/PDMR Shareholding

RNS Number : 5455Z
Brooks Macdonald Group PLC
20 May 2019
 

Brooks Macdonald Group PLC

(the "Company")

 

Director/PDMR Shareholding

Employee Benefit Trust Dealings

 

Director's Shareholding

On 17 May 2019, Richard Spencer, Chief Investment Officer exercised awards granted over the ordinary shares in the Company (the "Shares") under the Company's 2012 and 2013 Long Term Incentive Schemes (the "Awards").  The table below summarises the exercise and the number of shares sold to discharge the tax liabilities:

 

Number of Shares Exercised under the Awards

Number of Shares sold to discharge tax liabilities

Balance of Shares retained

2,677

1,258

1,419

2,186

1,027

1,159

 

Employee Benefit Trust Dealing

To satisfy the exercise of the Awards, the 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 268,626 Shares, representing 1.93 % of the Company's total voting rights.

 

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

 

 

LEI: 213800WRDF8LB8MIEX37

 

 

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

Richard Spencer

2.

Reason for the notification

(a)

Position/status

 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


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 2012 and 2013 Long Term Incentive Schemes

(c)

Price(s) and volume(s)

Volume granted: 4,863

Exercise Price(s): Nil

(d)

Aggregated information

Aggregated volume: n/a

Aggregated price: n/a


Date of the transaction

17 May 2019


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 satisfy the tax liabilities arising from the exercise of awards under the Brooks Macdonald 2012 and 2013 Long Term Incentive Schemes

(c)

Price(s) and volume(s)

Volume: 2,286

Price(s): £19.52

(d)

Aggregated information

Aggregated volume: n/a

Aggregated price: n/a


Date of the transaction

17 May 2019


Place of the transaction

London Stock Exchange

 

 


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END
 
 
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