Brooks Macdonald Group PLC Director/PDMR Shareholding (4555L)

TIDMBRK

RNS Number : 4555L

Brooks Macdonald Group PLC

24 December 2018

Brooks Macdonald Group plc

(the "Company")

Director/PDMR Shareholding

The Company announces that on 21 December 2018, that the following were granted nil cost options (the "Buyout Awards") under the Deferred Bonus Plan, 2018 Brooks Macdonald Long Term Incentive Plan (the "Plan") in respect of the ordinary shares of 1 pence each in the Company (the "Shares") in the Company:

 
 Name of Director/PDMR    Number of Shares Subject 
                              to Buyout Awards 
 Ben Thorpe                        20,293 
                         ------------------------- 
 Adrian Keane-Munday                834 
                         ------------------------- 
 

These Buy-Out Awards complete the commitments made by the Company to the above to replace awards which lapsed when they resigned from their previous employers.

The vesting of the Buyout Awards are to be satisfied by Shares held by the Brooks Macdonald Employee Benefit Trust (the "EBT"). The Trustees of the EBT make periodic share purchases as they deem appropriate. As at today's date the EBT held 278,335 Shares, representing 2.00% of the issued share capital of the Company.

 
 1.    Details of the person discharging managerial responsibilities 
        / person closely associated 
 (a)   Name                              Ben Thorpe 
      --------------------------------  ---------------------------------------- 
 2.    Reason for the notification 
      -------------------------------------------------------------------------- 
 (a)   Position/status                    Finance Director 
      --------------------------------  ---------------------------------------- 
 (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 
      --------------------------------  ---------------------------------------- 
       Transaction 1 
      -------------------------------------------------------------------------- 
 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      Ordinary shares of 1pence each 
        instrument, type of instrument 
        Identification code               BRK 
                                          ISIN GB00B067N833 
      --------------------------------  ---------------------------------------- 
 (b)   Nature of the transaction         Buy out Awards in the form of a nil 
                                          cost option under the Deferred Bonus 
                                          Plan of the 2018 Brooks Macdonald Long 
                                          Terms Incentive Plan 
      --------------------------------  ---------------------------------------- 
 (c)   Price(s) and volume(s)            Volume granted: 20,293 
                                          Exercise Price(s): Nil cost 
      --------------------------------  ---------------------------------------- 
 (d)   Aggregated information            Aggregated volume: n/a 
                                          Aggregated price: n/a 
      --------------------------------  ---------------------------------------- 
       Date of the transaction            21 December 2018 
      --------------------------------  ---------------------------------------- 
       Place of the transaction          Outside of a main market 
      --------------------------------  ---------------------------------------- 
 
 
 1.    Details of the person discharging managerial responsibilities 
        / person closely associated 
 (a)   Name                              Adrian Keane-Munday 
      --------------------------------  ---------------------------------------- 
 2.    Reason for the notification 
      -------------------------------------------------------------------------- 
 (a)   Position/status                    MD, Financial Planning 
      --------------------------------  ---------------------------------------- 
 (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 
      --------------------------------  ---------------------------------------- 
       Transaction 1 
      -------------------------------------------------------------------------- 
 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      Ordinary shares of 1pence each 
        instrument, type of instrument 
        Identification code               BRK 
                                          ISIN GB00B067N833 
      --------------------------------  ---------------------------------------- 
 (b)   Nature of the transaction         Buy out Awards in the form of a nil 
                                          cost option under the Deferred Bonus 
                                          Plan of the 2018 Brooks Macdonald Long 
                                          Terms Incentive Plan 
      --------------------------------  ---------------------------------------- 
 --    Price(s) and volume(s)            Volume granted: 834 
                                          Exercise Price(s): Nil Cost 
      --------------------------------  ---------------------------------------- 
 (d)   Aggregated information            Aggregated volume: n/a 
                                          Aggregated price: n/a 
      --------------------------------  ---------------------------------------- 
       Date of the transaction           21 December 2018 
      --------------------------------  ---------------------------------------- 
       Place of the transaction          Outside of a main market 
      --------------------------------  ---------------------------------------- 
 

Enquiries:

 
 Brooks Macdonald Group PLC 
 Caroline Connellan, Chief Executive 
  Ben Thorpe, Group Finance Director     [phone] 
 
 
 Peel Hunt LLP 
 Guy Wiehahn                             [phone] 
 

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END

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December 24, 2018 06:53 ET (11:53 GMT)