TIDMBRK

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    No. of shares     No. of shares 
                from exercise          sold to cover       retained 
                                      tax liabilities 
 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                   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                     Ordinary shares of 1p each 
          financial instrument, 
          type of instrument 
 
 
          Identification code                    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                      Price(s)   Volume(s) 
          volume                                 Nil        1,525 
         ------------------------------------- 
                     Aggregated information 
    d)                 *    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                   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                         Ordinary shares of 1p each 
           the financial instrument, 
           type of instrument 
 
 
           Identification code                    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                     Price(s)   Volume(s) 
           volume 
                                                  2090       717 
          ------------------------------------- 
                      Aggregated information 
    d)                  *    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                +44 (0)20 7659 3492 
 Ben Thorpe, Group Finance Director     +44 (0)20 7659 3492 
 
 Peel Hunt LLP 
 Rishi Shah / John Welch                +44 (0)20 7418 8900 
 

LEI: 213800WRDF8LB8MIEX37

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END

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March 25, 2021 12:46 ET (16:46 GMT)

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