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.
Director | Number of LTIS options over Shares exercised | Scheme | Total number of Shares held following transaction | % of Company's Issued Capital |
Chris Macdonald | 8,484 | LITS 2010 and LTIS 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 | +44 (0)20 7499 6424 |
Simon Jackson, Finance Director | |
| |
Peel Hunt LLP | |
Guy Wiehahn Adrian Haxby | +44 (0)20 7418 8900 |
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 the financial instrument, type of instrument | Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc |
| Identification code | BRK 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 |
