Brooks Macdonald Group plc

(the "Company" and together with its subsidiaries "Brooks Macdonald" or the "Group")

Director/PDMR Shareholding

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMR") in accordance with the UK Market Abuse Regulations. 

On 21 October 2024, the Company granted pursuant to the 2018 Brooks Macdonald Long Term Incentive Plan (the "Plan") nil price options (the "Executive LTIP Awards") over the ordinary shares of 1 pence each in the Company (the "Shares") to the following PDMRs:

The Plan has been established to retain and incentivise the Executives in order to deliver our ambitious growth aims and to closely align the interests of executives with those of shareholders.

Vesting of Awards

The Executive LTIP Awards will only vest and become exercisable to the extent that stretching targets are achieved over the three-year vesting period. The target metrics will be based 50% on underlying, diluted earnings per share, 35% on funds under management growth and 15% based on a basket of environmental, social and governance based metrics. 

Further the Executive LTIP Awards are also subject to continued employment and malus and clawback provisions.

Timetable

To the extent that the necessary performance conditions are achieved, the Executive LTIP Awards will vest and become exercisable on 21 October 2027, following the announcement of the Group's results for the year ended 30 June 2027 and the holding requirement is expected to lapse on 21 October 2029.

Holding period

The Executive LTIP Awards shall be subject to a compulsory, holding period of a further two years from the date of vesting.

As at today's date, these Awards together represent 0.42% of the total voting rights of the Company.

ANNEX

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

Enquiries:

LEI: 213800WRDF8LB8MIEX37