TIDMBRK

RNS Number : 1917M

Brooks Macdonald Group PLC

17 September 2021

Brooks Macdonald Group plc

(the "Company")

   Director   /   PDMR   Shareholding 

The Company was informed that on 16 September 2021 Ben Thorpe, Chief Financial Officer, exercised awards over ordinary shares of 1 pence each in the Company ("Shares") granted under the 2010 Brooks Macdonald Long Term Incentive Scheme (the "LTIS") as buy out awards and under the 2018 Long Term Incentive Plan (the "LTIP") as deferred bonus share awards in 2018 and 2019 as set out in the table below. Following the exercise, some of the new Shares were sold at a price of 2363.8855p per share to meet the income tax and National Insurance liabilities due.

 
   Scheme       No. of share       No. of shares     No. of shares 
               awards exercised     sold to cover       retained 
                                   tax liabilities 
    LTIS           13,577              6,383             7,194 
             ------------------  -----------------  -------------- 
 LTIP 2018          2,905              1,366             1,539 
             ------------------  -----------------  -------------- 
 LTIP 2019          1,589               747               842 
             ------------------  -----------------  -------------- 
 

To satisfy the exercise of the awards, 18,071 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 now holds 576,129 Shares, representing 3.56% 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                                  Ben Thorpe 
        ------------------------------------  -------------------------------------------- 
    2.  Reason for the notification 
        ---------------------------------------------------------------------------------- 
    a)  Position / Status                     Chief Financial 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        13,577 
        ------------------------------------ 
    d)              Aggregated information 
                      *    Aggregated volume 
        - Price (pence)                       Nil 
        ------------------------------------ 
    e)  Date of the transaction               16/09/2021 
        ------------------------------------ 
    f)  Place of the transaction              Outside a trading venue 
        ------------------------------------ 
 
 
 
   1     Details of PDMR / person closely associated 
    a)    Name                                   Ben Thorpe 
          -------------------------------------  ------------------------------------------ 
    2.    Reason for the notification 
          --------------------------------------------------------------------------------- 
    a)    Position / Status                      Chief Financial 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 
                                                  2363.8855  6,383 
          ------------------------------------- 
                      Aggregated information 
    d)                  *    Aggregated volume    6,383 
     - Price (pence)                             2363.8855 
     ------------------------------------------ 
    e)    Date of the transaction                16/09/2021 
          ------------------------------------- 
    f)    Place of the transaction               The London Stock Exchange 
          ------------------------------------- 
 
 
 
   1    Details of PDMR / person closely associated 
    a)   Name                                   Ben Thorpe 
         -------------------------------------  ------------------------------------------ 
    2.   Reason for the notification 
         --------------------------------------------------------------------------------- 
    a)   Position / Status                      Chief Financial 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 2018 
                                                 Brooks Macdonald Long Term Incentive Plan 
         -------------------------------------  ------------------------------------------ 
    c)   Price (pence) and                      Price(s)   Volume(s) 
          volume                                 Nil        4,494 
         ------------------------------------- 
                     Aggregated information 
    d)                 *    Aggregated volume    4,494 
     - Price (pence)                            Nil 
     ----------------------------------------- 
    e)   Date of the transaction                16/09/2021 
         ------------------------------------- 
    f)   Place of the transaction               Outside a trading venue 
         ------------------------------------- 
 
 
 
   1     Details of PDMR / person closely associated 
    a)    Name                                   Ben Thorpe 
          -------------------------------------  ------------------------------------------ 
    2.    Reason for the notification 
          --------------------------------------------------------------------------------- 
    a)    Position / Status                      Chief Financial 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 
                                                  2018 Brooks Macdonald Long Term Incentive 
                                                  Plan. 
          -------------------------------------  ------------------------------------------ 
     c)    Price (pence) and                     Price(s)   Volume(s) 
           volume 
                                                  2363.8855  2,113 
          ------------------------------------- 
                      Aggregated information 
    d)                  *    Aggregated volume    2,113 
     - Price (pence)                             2363.8855 
     ------------------------------------------ 
    e)    Date of the transaction                16/09/2021 
          ------------------------------------- 
    f)    Place of the transaction               The London Stock Exchange 
          ------------------------------------- 
 

Enquiries:

 
 Brooks Macdonald Group PLC 
 Andrew Shepherd, CEO Designate     +44 (0)20 7659 3492 
 Ben Thorpe, Chief Financial 
  Officer                           +44 (0)20 7659 3492 
 
 Peel Hunt LLP 
 Rishi Shah / John Welch            +44 (0)20 7418 8900 
 

LEI: 213800WRDF8LB8MIEX37

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