TIDMBRK

RNS Number : 6875M

Brooks Macdonald Group PLC

23 September 2021

Brooks Macdonald Group plc

(the "Company")

   Director   /   PDMR   Shareholding 

The Company was informed that on 21 September 2021 Andrew Shepherd, Chief Executive 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 set out in the table below. Following the exercise, some of the new Shares were sold at a price of 2304.2455p 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 2014          2,833              1,332             1,501 
             ------------------  -----------------  -------------- 
 LTIS 2015          4,876              2,293             2,583 
             ------------------  -----------------  -------------- 
 LTIS 2016          4,961              2,333             2,628 
             ------------------  -----------------  -------------- 
 LTIP 2017          2,035               957              1,078 
             ------------------  -----------------  -------------- 
   Total           14,705              6,915             7,790 
             ------------------  -----------------  -------------- 
 

To satisfy the exercise of the awards, 14,705 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 555,558 Shares, representing 3.43% 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                                   Andrew Shepherd 
            -------------------------------------  -------------------------------------------- 
       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        14,705 
            ------------------------------------- 
                        Aggregated information 
       d)                 *    Aggregated volume    14,705 
        - Price (pence)                            Nil 
        ----------------------------------------- 
       e)   Date of the transaction                21/09/2021 
            ------------------------------------- 
       f)   Place of the transaction               Outside a trading venue 
            ------------------------------------- 
 
        1     Details of PDMR / person closely associated 
         a)    Name                                   Andrew Shepherd 
               -------------------------------------  ------------------------------------------ 
         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 
                                                       2014 Brooks Macdonald Long Term Incentive 
                                                       Scheme. 
               -------------------------------------  ------------------------------------------ 
          c)    Price (pence) and                     Price(s)   Volume(s) 
                volume 
                                                       2304.2455  6,915 
               ------------------------------------- 
                           Aggregated information 
         d)                  *    Aggregated volume    6,915 
          - Price (pence)                             2304.2455 
          ------------------------------------------ 
         e)    Date of the transaction                21/09/2021 
               ------------------------------------- 
         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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September 23, 2021 02:00 ET (06:00 GMT)

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