Director/PDMR Shareholding

RNS Number : 8286F
Brooks Macdonald Group PLC
09 November 2022
 

Brooks Macdonald Group PLC

(the "Company")

 

Director/PDMR Shareholding

 

Director's Shareholding

On 7 November 2022, Ben Thorpe, Chief Financial Officer of the Company, transferred, via sale and purchase, 14,290 ordinary shares of one pence each in the Company (the "Shares").  He sold 14,290 Shares at the price of £18.05 per Share from his personal investment account and bought 14,290 Shares at a price of £18.0530 per Share to be held in his personal ISA account

 

In addition, he also exercised awards over 5,243 shares granted under the 2018 Long Term Incentive Plan as deferred bonus share awards (the "Awards") in 2019, 2020 and 2021 as set out in the table below.  Following the exercise, a total of 2,531 Shares were sold to meet the income tax and National Insurance liabilities due as a result of the exercise at a price of £19.172820 per share.

 

Awards

No. of share awards exercised

No. of shares  sold

No. of shares retained

Deferred bonus 2019

1,589

767

822

Deferred bonus 2020

1,829

883

946

Deferred bonus 2021

1,825

881

944

Totals

5,243

2,531

2,712

 

To satisfy the exercise of the Awards, 5,243 Shares were transferred from the Brooks Macdonald Employee Benefit Trust (the "EBT"). The Company was notified by JTC Employer Solutions Trustee Limited, as trustees of the EBT, that following this transfer the EBT holds 595,879 Shares, representing 3.68% of the Company's total voting rights.

 

 

Enquiries:

 

Brooks Macdonald Group PLC


Andrew Shepherd, CEO

  +44 (0)20 7659 3492

Ben Thorpe, CFO

  +44 (0)20 7659 3492





Peel Hunt LLP


Paul Shackleton / John Welch

+44 (0)20 7418 8900

 

 

LEI: 213800WRDF8LB8MIEX37

 

 

 

ANNEX

The notification below, made in accordance with the UK Market Abuse Regulation, provides further details:

 

1.

Details of the person discharging managerial responsibilities / person closely associated

(a)

Name

Ben Thorpe

2.

Reason for the notification

(a)

Position/status

Chief Financial 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 1 pence each

 

BRK

 ISIN GB00B067N833 

(b)

Nature of the transaction

Sale of ordinary shares of 1 pence each in the Company

(c)

Price(s) and volume(s)

Volume: 14,290

Price(s):   £18.05 per share

 

(d)

Aggregated information

Aggregated volume: 14,290

Aggregated price: £18.05


Date of the transaction

7 November 2022


Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

 

1.

Details of the person discharging managerial responsibilities / person closely associated

(a)

Name

Ben Thorpe

2.

Reason for the notification

(a)

Position/status

Chief Financial 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 1 pence each

 

BRK

 ISIN GB00B067N833 

(b)

Nature of the transaction

Purchase of ordinary shares of 1 pence each in the Company

(c)

Price(s) and volume(s)

Volume: 14,290

Price(s):  £18.0530 per share

 

(d)

Aggregated information

Aggregated volume: 14,290

Aggregated price: £18.0530


Date of the transaction

7 November 2022


Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

1.

Details of the person discharging managerial responsibilities / person closely associated

(a)

Name

Ben Thorpe

2.

Reason for the notification

(a)

Position/status

Chief Financial 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 1 pence each

 

BRK

 ISIN GB00B067N833 

(b)

Nature of the transaction

Exercise of awards granted under the 2019 Brooks Macdonald Long Term Incentive Plan as deferred bonus share awards

(c)

Price(s) and volume(s)

Volume: 5,243

Price(s):  nil

 

(d)

Aggregated information

Aggregated volume: 5,243

Aggregated price: nil


Date of the transaction

7 November 2022


Place of the transaction

Outside a trading venue

 

1.

Details of the person discharging managerial responsibilities / person closely associated

(a)

Name

Ben Thorpe

2.

Reason for the notification

(a)

Position/status

Chief Financial 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 1 pence 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 2019 Brooks Macdonald Long Term Incentive Plan as deferred bonus share awards

(c)

Price(s) and volume(s)

Volume: 2,531

Price(s):  £19.172820

(d)

Aggregated information

Aggregated volume: 2,531

Aggregated price: £19.172820


Date of the transaction

7 November 2022


Place of the transaction

London Stock Exchange, AIM Market (XLON)

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
DSHGCBDBGDGDGDC
UK 100

Latest directors dealings