Brooks Macdonald Group PLC Director/PDMR Shareholding (5455Z)

TIDMBRK

RNS Number : 5455Z

Brooks Macdonald Group PLC

20 May 2019

Brooks Macdonald Group PLC

(the "Company")

Director/PDMR Shareholding

Employee Benefit Trust Dealings

Director's Shareholding

On 17 May 2019, Richard Spencer, Chief Investment Officer exercised awards granted over the ordinary shares in the Company (the "Shares") under the Company's 2012 and 2013 Long Term Incentive Schemes (the "Awards"). The table below summarises the exercise and the number of shares sold to discharge the tax liabilities:

 
 Number of Shares Exercised       Number of Shares sold       Balance of Shares 
      under the Awards         to discharge tax liabilities        retained 
           2,677                          1,258                     1,419 
                             ------------------------------  ------------------ 
           2,186                          1,027                     1,159 
                             ------------------------------  ------------------ 
 

Employee Benefit Trust Dealing

To satisfy the exercise of the Awards, the Shares were transferred from the Brooks Macdonald Employee Benefit Trust (the "EBT"). The Company was notified by RBC cees Trustee Limited, as trustees of the EBT, that following this transfer the EBT now holds 268,626 Shares, representing 1.93 % of the Company's total voting rights.

Enquiries:

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

LEI: 213800WRDF8LB8MIEX37

ANNEX

The notification below, made in accordance with the EU Market Abuse Regulation, provides further details:

 
 1.    Details of the person discharging managerial responsibilities 
        / person closely associated 
 (a)   Name                              Richard Spencer 
      --------------------------------  --------------------------------------------- 
 2.    Reason for the notification 
      ------------------------------------------------------------------------------- 
 (a)   Position/status                    Chief Investment 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 
      --------------------------------  --------------------------------------------- 
       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         Acquisition of shares pursuant to the 
                                          exercise of awards under the Brooks 
                                          Macdonald 2012 and 2013 Long Term Incentive 
                                          Schemes 
      --------------------------------  --------------------------------------------- 
 (c)   Price(s) and volume(s)            Volume granted: 4,863 
                                          Exercise Price(s): Nil 
      --------------------------------  --------------------------------------------- 
 (d)   Aggregated information            Aggregated volume: n/a 
                                          Aggregated price: n/a 
      --------------------------------  --------------------------------------------- 
       Date of the transaction           17 May 2019 
      --------------------------------  --------------------------------------------- 
       Place of the transaction          Outside of a main market 
      --------------------------------  --------------------------------------------- 
       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 
      ------------------------------------------------------------------------------- 
       Transaction 2 
      ------------------------------------------------------------------------------- 
 (a)   Description of the financial      Ordinary shares of 1pence each 
        instrument, type of instrument 
                                          BRK 
        Identification code               ISIN GB00B067N833 
      --------------------------------  --------------------------------------------- 
 (b)   Nature of the transaction         The sale of shares to satisfy the tax 
                                          liabilities arising from the exercise 
                                          of awards under the Brooks Macdonald 
                                          2012 and 2013 Long Term Incentive Schemes 
      --------------------------------  --------------------------------------------- 
 (c)   Price(s) and volume(s)            Volume: 2,286 
                                          Price(s): GBP19.52 
      --------------------------------  --------------------------------------------- 
 (d)   Aggregated information            Aggregated volume: n/a 
                                          Aggregated price: n/a 
      --------------------------------  --------------------------------------------- 
       Date of the transaction           17 May 2019 
      --------------------------------  --------------------------------------------- 
       Place of the transaction          London Stock Exchange 
      --------------------------------  --------------------------------------------- 
 

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END

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May 20, 2019 04:58 ET (08:58 GMT)