22nd Mar 2022 08:36
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 awards exercised | No. of shares sold to cover tax liabilities | No. of shares retained |
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 / Amendment | Initial notification | 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 financial instrument, type of instrument Identification code | Ordinary shares of 1p each 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 volume | Price(s) | Volume(s) | Nil | 2,526 |
| d) | Aggregated information - Aggregated volume | 2,526 |
| - Price (pence) | Nil | e) | Date of the transaction | | 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 / Amendment | Initial notification | 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 financial instrument, type of instrument Identification code | Ordinary shares of 1p each 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 volume | Price(s) | Volume(s) | 2210 | 1,188 |
| d) | Aggregated information - Aggregated volume | 1,188 |
| - Price (pence) | 2210 | e) | Date of the transaction | | 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
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
[email protected] or visit
www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy.
END
DSHGIGDXBXDDGDD
Related Shares:
Brooks Macdonald
