Director/PDMR Shareholding and Total Voting Rights

McKAY SECURITIES PLC

("the Company" or "McKay Securities")

Exercise of Options and Total Voting Rights

The Company announces that certain Directors and persons discharging managerial responsibilities ("PDMRs") below exercised their options on 21st June 2016 on a total of 481,301 Ordinary Shares, under the 7th Grant of the 2007 McKay Performance Share Plan. No amount was payable on the exercise of these awards.

In addition to the exercise of options by Directors and PDMRs, other current and former employees exercised options on 21st June 2016 on a total of 121,143 Ordinary Shares, under the 7th Grant of the 2007 McKay Performance Share Plan. No amount was payable on the exercise of these awards.

Together with the exercise of options from Directors and PDMRs, the total number of Ordinary Shares to be issued is 602,444.

See table below for more details.

Application has been made for the admission of the 602,444 new Ordinary Shares to listing on the Official List and to trading on the main market of the London Stock Exchange Plc. The admission of such shares is expected to become effective on 27th June 2016 ("Admission").

Following Admission, in accordance with the FCA's Disclosure and Transparency Rule 5.6.1(R) the total number of Ordinary Shares in issue will be 93,760,669 with each share carrying the right to one vote. No Ordinary Shares are held in treasury. Therefore, the total number of voting rights in the company will be 93,760,669.

The above figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in McKay Securities PLC under the FCA's Disclosure and Transparency Rules.

J.S. McKeown

Company Secretary

McKay Securities PLC

Date: 21st June 2016