Last checked at 20 May 2019 09:58
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 under the Awards | Number of Shares sold to discharge tax liabilities | Balance of Shares 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 | +44 (0)20 7499 6424 | |
Peel Hunt LLP | ||
Guy Wiehahn | +44 (0)20 7418 8900 | |
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 /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 |
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 instrument, type of instrument Identification code
| Ordinary shares of 1pence each
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 instrument, type of instrument
Identification code
| Ordinary shares of 1pence each
BRK 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): £19.52 |
(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 | |