TIDMBRK

RNS Number : 4129R

Brooks Macdonald Group PLC

04 November 2021

Brooks Macdonald Group plc

(the "Company")

   Director   /   PDMR   Shareholding 

On 1 November 2021 Andrew Shepherd, Chief Executive Officer of the Company, received 4,827 ordinary shares of 1 pence each in the Company ("Shares") following the vesting of awards granted under the 2018 Long Term Incentive Plan (the "LTIP"). These awards vested in full as a result of the performance conditions being met. Following the exercise, 1,401 of the LTIP Shares were sold, 639 at a price of 2,700.00p per share on 1 November and 762 at a price of 2,700.00p per share on 3 November to meet the income tax, national insurance and social security liabilities due.

 
 No. of shares vested    No. of shares     No. of shares 
                          sold to cover       retained 
                         tax liabilities 
        4,827                1,401             3,426 
                       -----------------  -------------- 
 

To satisfy the exercise of the awards, 4,827 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 518,218 Shares, representing 3.20% 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                         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, 
                                                  national insurance and social security 
                                                  liabilities due on vesting of awards 
                                                  granted under the 2018 Brooks Macdonald 
                                                  Long Term Incentive Plan 
          -------------------------------------  ---------------------------------------- 
     c)    Price (pence) and                     Price(s)  Volume(s) 
           volume 
                                                  2,700.00  639 
          ------------------------------------- 
                      Aggregated information 
    d)                  *    Aggregated volume    639 
     - Price (pence)                             2,700.00 
     ------------------------------------------ 
    e)    Date of the transaction                01/11/2021 
          ------------------------------------- 
    f)    Place of the transaction               The London Stock Exchange 
          ------------------------------------- 
 
 
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, 
                                                national insurance and social security 
                                                liabilities due on vesting of awards 
                                                granted under the 2018 Brooks Macdonald 
                                                Long Term Incentive Plan 
       --------------------------------------  ---------------------------------------- 
  c)     Price (pence) and                     Price(s)  Volume(s) 
         volume 
                                                2,700.00  762 
       -------------------------------------- 
                    Aggregated information 
 d)                   *    Aggregated volume    762 
 - Price (pence)                               2,700.00 
 -------------------------------------------- 
 e)     Date of the transaction                03/11/2021 
       -------------------------------------- 
 f)     Place of the transaction               The London Stock Exchange 
       -------------------------------------- 
 

Enquiries:

 
 Brooks Macdonald Group PLC 
 Andrew Shepherd, Chief Executive     +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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END

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November 04, 2021 12:09 ET (16:09 GMT)

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