TIDMBRK

RNS Number : 3616G

Brooks Macdonald Group PLC

24 November 2020

Brooks Macdonald Group PLC

(the "Company")

Director/PDMR Shareholding

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMR") in accordance with the Market Abuse Regulations.

On 24 November 2020, the Company granted pursuant to the 2018 Brooks Macdonald Long Term Incentive Plan (the "Plan") exceptional awards (the "Exceptional Awards") over the ordinary shares of 1 pence each in the Company (the "Shares") to the following PDMRs:

 
 PDMR                 Number of Shares Over 
                     Which Awards are Granted 
 Robin Eggar                  1,530 
                   -------------------------- 
 Andrew Shepherd              2,040 
                   -------------------------- 
 

The awards have been made to retain and incentivise key executives in order to deliver sustainable growth and in addition to align further the interests of those executives with those of shareholders.

Vesting of Award

The Exceptional Awards will vest in full subject to both the following performance conditions being met:

i) the maintenance of a satisfactory risk, compliance, governance and internal control environment, and

   ii)            general good health of the Company as assessed by the Remuneration Committee. 

Timetable

The Exceptional Awards are expected to vest on 30 September 2023.

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                              Robin Eggar 
      --------------------------------  ----------------------------------------- 
 2.    Reason for the notification 
      --------------------------------------------------------------------------- 
 (a)   Position/status                   Managing Director, Head of UK Investment 
                                          Management 
      --------------------------------  ----------------------------------------- 
 (b)   Initial notification              Initial notification 
        /Amendment 
      --------------------------------  ----------------------------------------- 
 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      Ordinary shares of 1pence each 
        instrument, type of instrument 
        Identification code               BRK 
                                          ISIN GB00B067N833 
      --------------------------------  ----------------------------------------- 
 (b)   Nature of the transaction         Grant of a conditional award over the 
                                          ordinary shares of 1 pence each in 
                                          the Company 
      --------------------------------  ----------------------------------------- 
 (c)   Price(s) and volume(s)            Volume granted: 1,530 
                                          Exercise Price(s): Nil 
      --------------------------------  ----------------------------------------- 
 (d)   Aggregated information            Aggregated volume: 1,530 
                                          Aggregated price: Nil 
      --------------------------------  ----------------------------------------- 
       Date of the transaction           24 November 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              Initial notification 
        /Amendment 
      --------------------------------  -------------------------------------- 
 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      Ordinary shares of 1pence each 
        instrument, type of instrument 
        Identification code               BRK 
                                          ISIN GB00B067N833 
      --------------------------------  -------------------------------------- 
 (b)   Nature of the transaction         Grant of a conditional award over the 
                                          ordinary shares of 1 pence each in 
                                          the Company 
      --------------------------------  -------------------------------------- 
 (c)   Price(s) and volume(s)            Volume granted: 2,040 
                                          Exercise Price(s): Nil 
      --------------------------------  -------------------------------------- 
 (d)   Aggregated information            Aggregated volume: 2,040 
                                          Aggregated price: Nil 
      --------------------------------  -------------------------------------- 
       Date of the transaction           2 4 November 2020 
      --------------------------------  -------------------------------------- 
       Place of the transaction          Outside of a main market 
      --------------------------------  -------------------------------------- 
 

Enquiries:

 
 Brooks Macdonald Group PLC 
 Caroline Connellan, CEO                +44 (0)20 7659 3492 
 Ben Thorpe, Group Finance Director     +44 (0)20 7659 3492 
 
 Peel Hunt LLP 
 Adrian Trimmings / Rishi Shah 
  / John Welch                          +44 (0)20 7418 8900 
 

LEI: 213800WRDF8LB8MIEX37

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November 24, 2020 08:25 ET (13:25 GMT)