TIDMBRK

RNS Number : 5826F

Brooks Macdonald Group PLC

22 March 2022

Brooks Macdonald Group plc

(the "Company")

   Director   /   PDMR   Shareholding 

The Company was informed that on 18 March 2022 Ben Thorpe, Chief Financial Officer, exercised awards over 2,526 ordinary shares of 1 pence each in the Company ("Shares") granted under the 2018 Brooks Macdonald Long Term Incentive Plan (the "LTIP") as buy out awards. Following the exercise, some of the Shares were sold at a price of 2210p 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 
  LTIP           2,526              1,188             1,338 
          ------------------  -----------------  -------------- 
 

To satisfy the exercise of the awards, 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 550,739 Shares, representing 3.40% 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 2018 
                                                 Brooks Macdonald Long Term Incentive Plan 
         -------------------------------------  ------------------------------------------ 
    c)   Price (pence) and                      Price(s)   Volume(s) 
          volume                                 Nil        2,526 
         ------------------------------------- 
                     Aggregated information 
    d)                 *    Aggregated volume    2,526 
     - Price (pence)                            Nil 
     ----------------------------------------- 
    e)   Date of the transaction                18/03/2022 
         ------------------------------------- 
    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 
                                                  2210      1,188 
          ------------------------------------- 
                      Aggregated information 
    d)                  *    Aggregated volume    1,188 
     - Price (pence)                             2210 
     ------------------------------------------ 
    e)    Date of the transaction                18/03/2022 
          ------------------------------------- 
    f)    Place of the transaction               The London Stock Exchange 
          ------------------------------------- 
 

Enquiries:

 
 Brooks Macdonald Group PLC 
 Andrew Shepherd, CEO            +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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March 22, 2022 04:36 ET (08:36 GMT)

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