Director/PDMR Shareholding

RNS Number : 5525T

Brooks Macdonald Group PLC

25 March 2021

 

Brooks Macdonald Group plc

(the "Company")

Director / PDMR Shareholding

The Company was informed that on 24 March 2021 Caroline Connellan, Chief Executive Officer of the Company, exercised awards over 1,525 ordinary shares of 1 pence each in the Company ("Shares") granted under the 2010 Brooks Macdonald Long Term Incentive Scheme (the "LTIS")).  Following the exercise, 717 of the Shares were sold at a price of 2090p per share to meet the income tax and National Insurance liabilities due.

Scheme	No. of shares resulting from exercise	No. of shares sold to cover tax liabilities	No. of shares retained
LTIS	1,525	717	808

To satisfy the exercise of the awards, 1,525 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 606,186 Shares, representing 3.76% of the Company's total voting rights.

The notifications below, made in accordance with the requirements of the EU Market Abuse Regulation, provide further detail.

	1  Details of PDMR / person closely associated  a) Name Caroline Connellan  2.  Reason for the notification  a) Position / Status Chief Executive 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 Ordinary shares of 1p each BRK ISIN:GB00B067N833  b)   Nature of the transaction Exercise of awards granted under the 2010 Brooks Macdonald Long Term Incentive Scheme  c)   Price (pence) and volume Price(s) Volume(s) Nil 1,525  d)   Aggregated information -  Aggregated  volume 1,525 -   Price (pence) Nil  e)   Date of the transaction 24/03/2021  f)   Place of the transaction Outside a trading venue

	1  Details of PDMR / person closely associated  a) Name Caroline Connellan  2.  Reason for the notification  a) Position / Status Chief Executive 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 Ordinary shares of 1p each BRK ISIN:GB00B067N833  b)   Nature of the transaction Sale of shares to cover income tax and National Insurance liabilities due on exercise of awards granted under the 2010 Brooks Macdonald Long Term Incentive Scheme.  c)   Price (pence) and volume Price(s) Volume(s) 2090 717  d)   Aggregated information - Aggregated volume 717 -  Price (pence) 2090  e)   Date of the transaction 24/03/2021  f)   Place of the transaction The London Stock Exchange

Enquiries:

Brooks Macdonald Group PLC
Caroline Connellan, CEO	[phone]
Ben Thorpe, Group Finance Director	[phone]
Peel Hunt LLP
Rishi Shah / John Welch	[phone]

LEI: 213800WRDF8LB8MIEX37

 

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