Brooks Macdonald Group PLC Exercise of Options and PDMR Dealings (3838P)

TIDMBRK

RNS Number : 3838P

Brooks Macdonald Group PLC

16 November 2016

Brooks Macdonald Group PLC

(the "Company")

Exercise of Options and PDMR Dealings

Long Term Incentive Scheme ("LTIS")

The Company has received notice on 14 November 2016, that a director and certain employees have exercised share options in accordance with the rules of the 2013 and 2010 LTIS schemes.

 
                       Number of                  Total number 
                    LTIS options                     of Shares   % of Company's 
                     over Shares                held following    Issued 
Director               exercised      Scheme       transaction    Capital 
----------------  --------------  ----------  ----------------  --------------- 
                                   LITS 2010 
                                    and LTIS 
Chris Macdonald            8,484        2013           239,248       1.74% 
 
 

In aggregate 26,255 options were exercised. No new ordinary shares have been issued to satisfy the LTIS awards. Following the exercise of options, the Brooks Macdonald Group Employee Benefit Trust (the "EBT") has transferred 26,255 ordinary shares to satisfy the awards to underlying beneficiaries.

The EBT repurchased 11,194 ordinary shares from members whom have left the scheme to satisfy 2016 EBT awards to Directors and staff.

The revised holding of the EBT is 228,847 ordinary shares, representing 1.67% of the Company's current voting rights.

Enquiries:

 
 Brooks Macdonald Group 
  PLC 
 Chris Macdonald, Chief 
  Executive                 [phone] 
 Simon Jackson, Finance 
  Director 
 
 Peel Hunt LLP 
 Guy Wiehahn 
  Adrian Haxby              [phone] 
 
 
  1   Details of the person discharging managerial 
       responsibilities/person closely associated 
---  ------------------------------------------------------------ 
 a)   Name                             Chris Macdonald 
---  -------------------------------  --------------------------- 
 2    Reason for the notification 
---  ------------------------------------------------------------ 
 a)   Position/status                  Chief Executive 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 
---  -------------------------------  --------------------------- 
 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 1 
       the financial instrument,        pence per share in Brooks 
       type of instrument               Macdonald Group plc 
---  -------------------------------  --------------------------- 
      Identification                   BRK 
       code 
                                        ISIN GB00B067N833 
---  -------------------------------  --------------------------- 
 b)   Nature of the transaction        Exercise of 8,484 options 
                                        under the 2013 and 2010 
                                        LTIS schemes of Brooks 
                                        Macdonald Group plc 
---  -------------------------------  --------------------------- 
 c)   Price(s) and volume(s)           Price(s) nil 
                                        Volume(s) 8,484 
---  -------------------------------  --------------------------- 
 d)   Aggregated information 
---  -------------------------------  --------------------------- 
 e)   Date of transaction              14 November 2016 
---  -------------------------------  --------------------------- 
 f)   Place of transaction             London Stock Exchange 
                                        - AIM 
---  -------------------------------  --------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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November 16, 2016 11:38 ET (16:38 GMT)