Director/PDMR Shareholding

RNS Number : 5373N
Brooks Macdonald Group PLC
20 May 2020
 

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

 

Ben Thorpe, Group Finance Director

Phil Naylor, Company Secretary

  +44 (0)20 7659 3492

 

 

 

 

Peel Hunt LLP

 

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

 


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