TIDMBRK

RNS Number : 1934A

Brooks Macdonald Group PLC

21 September 2022

Brooks Macdonald Group plc

(the "Company")

Director / PDMR Shareholding

On 16 September 2022, Andrew Shepherd, Chief Executive Officer, exercised awards over ordinary shares of 1 pence each in the Company ("Shares") granted under the 2018 Long Term Incentive Plan (the "LTIP") as exceptional awards and deferred bonus share awards in 2019 and 2020 as set out in the table below. Following the exercise, a total of 3,825 Shares were sold to meet the income tax and National Insurance liabilities due as a result of the exercise. This happened in two tranches with 1,291 Shares being sold on 16 September 2022 at a price of 2,200.00p per share and the remaining 2,534 Shares being sold on 21 September 2022 at a price of 2,125p per share.

 
 Scheme         No. of share       No. of shares       No. of shares 
                 awards exercised   sold 16 September   sold 22 September 
                                    2022                2022 
 Exceptional 
  Awards        5,727              909                 1,783 
               ------------------  ------------------  ------------------ 
 LTIP 2019      1,120              178                 349 
               ------------------  ------------------  ------------------ 
 LTIP 2020      1,289              204                 402 
               ------------------  ------------------  ------------------ 
 Totals         8,136              1,291               2,534 
               ------------------  ------------------  ------------------ 
 

To satisfy the exercise of the awards, 8,136 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 holds 603,779 Shares, representing 3.73% of the Company's total voting rights.

The notifications below, made in accordance with the requirements of the UK 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 exceptional awards granted 
                                               under the 2018 Brooks Macdonald Long Term 
                                               Incentive Scheme 
        ------------------------------------  ------------------------------------------ 
    c)  Price (pence) and                     Price(s)   Volume(s) 
         volume                                Nil        5,727 
        ------------------------------------ 
    d)              Aggregated information 
                      *    Aggregated volume 
        - Price (pence)                       Nil 
        ------------------------------------ 
    e)  Date of the transaction               16/09/2022 
        ------------------------------------ 
    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 exceptional awards granted 
                                                  under the 2018 Brooks Macdonald Long 
                                                  Term Incentive Scheme. 
          -------------------------------------  --------------------------------------- 
     c)    Price (pence) and                     Price(s)  Volume(s) 
           volume 
                                                  2200.00   909 
          ------------------------------------- 
                      Aggregated information 
    d)                  *    Aggregated volume    909 
     - Price (pence)                             2200.00 
     ------------------------------------------ 
    e)    Date of the transaction                16/09/2022 
          ------------------------------------- 
    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 and 
                                                National Insurance liabilities due on 
                                                exercise of exceptional awards granted 
                                                under the 2018 Brooks Macdonald Long 
                                                Term Incentive Scheme. 
       --------------------------------------  --------------------------------------- 
  c)     Price (pence) and                     Price(s)  Volume(s) 
         volume 
                                                2,125.00  1,783 
       -------------------------------------- 
                    Aggregated information 
 d)                   *    Aggregated volume     1,783 
 - Price (pence)                               2,125.00 
 -------------------------------------------- 
 e)     Date of the transaction                21/09/2022 
       -------------------------------------- 
 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 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 2019 
                                                 Brooks Macdonald Long Term Incentive Plan 
         -------------------------------------  ------------------------------------------ 
    c)   Price (pence) and                      Price(s)   Volume(s) 
          volume                                 Nil        1,120 
         ------------------------------------- 
                     Aggregated information 
    d)                 *    Aggregated volume    1,120 
     - Price (pence)                            Nil 
     ----------------------------------------- 
    e)   Date of the transaction                16/09/2022 
         ------------------------------------- 
    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 
                                                  2019 Brooks Macdonald Long Term Incentive 
                                                  Plan. 
          -------------------------------------  ------------------------------------------ 
     c)    Price (pence) and                     Price(s)  Volume(s) 
           volume 
                                                  2200.00   178 
          ------------------------------------- 
                      Aggregated information 
    d)                  *    Aggregated volume    178 
     - Price (pence)                             2200.00 
     ------------------------------------------ 
    e)    Date of the transaction                16/09/2022 
          ------------------------------------- 
    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 and 
                                                National Insurance liabilities due on 
                                                exercise of awards granted under the 
                                                2019 Brooks Macdonald Long Term Incentive 
                                                Plan. 
        -------------------------------------  ------------------------------------------ 
   c)    Price (pence) and                     Price(s)  Volume(s) 
         volume 
                                                2,125.00  349 
        ------------------------------------- 
                    Aggregated information 
  d)                  *    Aggregated volume    349 
   - Price (pence)                             2,125.00 
   ------------------------------------------ 
  e)    Date of the transaction                21/09/2022 
        ------------------------------------- 
  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 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 2020 
                                                 Brooks Macdonald Long Term Incentive Plan 
         -------------------------------------  ------------------------------------------ 
    c)   Price (pence) and                      Price(s)   Volume(s) 
          volume                                 Nil        1,289 
         ------------------------------------- 
                     Aggregated information 
    d)                 *    Aggregated volume    1,289 
     - Price (pence)                            Nil 
     ----------------------------------------- 
    e)   Date of the transaction                16/09/2022 
         ------------------------------------- 
    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 
                                                  2020 Brooks Macdonald Long Term Incentive 
                                                  Plan. 
          -------------------------------------  ------------------------------------------ 
     c)    Price (pence) and                     Price(s)  Volume(s) 
           volume 
                                                  2200.00   204 
          ------------------------------------- 
                      Aggregated information 
    d)                  *    Aggregated volume    204 
     - Price (pence)                             2200.00 
     ------------------------------------------ 
    e)    Date of the transaction                16/09/2022 
          ------------------------------------- 
    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 and 
                                                National Insurance liabilities due on 
                                                exercise of awards granted under the 
                                                2020 Brooks Macdonald Long Term Incentive 
                                                Plan. 
        -------------------------------------  ------------------------------------------ 
   c)    Price (pence) and                     Price(s)  Volume(s) 
         volume 
                                                2,125.00  402 
        ------------------------------------- 
                    Aggregated information 
  d)                  *    Aggregated volume    402 
   - Price (pence)                             2,125.00 
   ------------------------------------------ 
  e)    Date of the transaction                21/09/2022 
        ------------------------------------- 
  f)    Place of the transaction               The London Stock Exchange 
        ------------------------------------- 
 

Enquiries:

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

LEI: 213800WRDF8LB8MIEX37

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September 21, 2022 10:10 ET (14:10 GMT)

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