Rathbone Brothers Plc (the "Company")
Notification of Transactions of Persons Discharging Managerial Responsibilities
The Company announces that the following PDMRs were granted a share award in accordance with the rules of the Rathbone Brothers Plc 2015 Executive Incentive Plan for 2020. The award was based on a share price of £16.77, being the average of the closing mid-market share price during the 20 business days to 1 April 2021.
This award will vest over a five year period in equal tranches of 20% per annum. During this time, the award is subject to a full five year sale restriction period and will operate from the date of the award. The PDMRs will not be permitted to sell shares during the sale restriction period except for the purpose of meeting tax liabilities on vesting. The awards are subject to malus and clawback provisions.
The notifications below, which have been made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
Enquiries:
Ali Johnson
Company Secretary
Telephone - 07901 118456
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Paul Stockton | |
| 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 | Rathbone Brothers Plc | |
| b) | LEI | 213800MBTHM6UE8ZQP29 | |
| 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 5p each ISIN: GB0002148343 | |
| b) | Nature of the transaction | Share award grant made pursuant to the Rathbone Brothers Plc 2015 Executive Incentive Plan. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Nil | 29,029 | ||
| d) | Aggregated information
- Aggregated volume - Price |
Not applicable - single transaction | |
| e) | Date of the transaction | 2021-04-06 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Jennifer Mathias | |
| 2 | Reason for the notification | ||
| a) | Position/status | Group Finance Director | |
| b) | Initial notification/Amendment | Initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Rathbone Brothers Plc | |
| b) | LEI | 213800MBTHM6UE8ZQP29 | |
| 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 5p each ISIN: GB0002148343 | |
| b) | Nature of the transaction | Share award grant made pursuant to the Rathbone Brothers Plc 2015 Executive Incentive Plan. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Nil | 19,474 | ||
| d) | Aggregated information
- Aggregated volume - Price |
Not applicable - single transaction | |
| e) | Date of the transaction | 2021-04-06 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Andrew Brodie | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Operating Officer | |
| b) | Initial notification/Amendment | Initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Rathbone Brothers Plc | |
| b) | LEI | 213800MBTHM6UE8ZQP29 | |
| 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 5p each ISIN: GB0002148343 | |
| b) | Nature of the transaction | Share award grant made pursuant to the Rathbone Brothers Plc 2015 Executive Incentive Plan. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Nil | 13,299 | ||
| d) | Aggregated information
- Aggregated volume - Price |
Not applicable - single transaction | |
| e) | Date of the transaction | 2021-04-06 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Sarah Owen-Jones | |
| 2 | Reason for the notification | ||
| a) | Position/status | Chief Risk Officer | |
| b) | Initial notification/Amendment | Initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Rathbone Brothers Plc | |
| b) | LEI | 213800MBTHM6UE8ZQP29 | |
| 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 5p each ISIN: GB0002148343 | |
| b) | Nature of the transaction | Share award grant made pursuant to the Rathbone Brothers Plc 2015 Executive Incentive Plan. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Nil | 14,974 | ||
| d) | Aggregated information
- Aggregated volume - Price |
Not applicable - single transaction | |
| e) | Date of the transaction | 2021-04-06 | |
| f) | Place of the transaction | Outside a trading venue | |
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||
| a) | Name | Mike Webb | |
| 2 | Reason for the notification | ||
| a) | Position/status | CEO of RUTM | |
| b) | Initial notification/Amendment | Initial notification | |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||
| a) | Name | Rathbone Brothers Plc | |
| b) | LEI | 213800MBTHM6UE8ZQP29 | |
| 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 5p each ISIN: GB0002148343 | |
| b) | Nature of the transaction | Share award grant made pursuant to the Rathbone Brothers Plc 2015 Executive Incentive Plan. | |
| c) | Price(s) and volume(s) | Price(s) | Volume(s) |
| Nil | 22,055 | ||
| d) | Aggregated information
- Aggregated volume - Price |
Not applicable - single transaction | |
| e) | Date of the transaction | 2021-04-06 | |
| f) | Place of the transaction | Outside a trading venue | |
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