Brooks Macdonald Group PLC
(the "Company")
Director/PDMR Shareholding
Director's Shareholding
On 7 November 2022, Ben Thorpe, Chief Financial Officer of the Company, transferred, via sale and purchase, 14,290 ordinary shares of one pence each in the Company (the "Shares"). He sold 14,290 Shares at the price of £18.05 per Share from his personal investment account and bought 14,290 Shares at a price of £18.0530 per Share to be held in his personal ISA account
In addition, he also exercised awards over 5,243 shares granted under the 2018 Long Term Incentive Plan as deferred bonus share awards (the "Awards") in 2019, 2020 and 2021 as set out in the table below. Following the exercise, a total of 2,531 Shares were sold to meet the income tax and National Insurance liabilities due as a result of the exercise at a price of £19.172820 per share.
| Awards | No. of share awards exercised | No. of shares sold | No. of shares retained |
| Deferred bonus 2019 | 1,589 | 767 | 822 |
| Deferred bonus 2020 | 1,829 | 883 | 946 |
| Deferred bonus 2021 | 1,825 | 881 | 944 |
| Totals | 5,243 | 2,531 | 2,712 |
To satisfy the exercise of the Awards, 5,243 Shares were transferred from the Brooks Macdonald Employee Benefit Trust (the "EBT"). The Company was notified by JTC Employer Solutions Trustee Limited, as trustees of the EBT, that following this transfer the EBT holds 595,879 Shares, representing 3.68% of the Company's total voting rights.
Enquiries:
| Brooks Macdonald Group PLC | |
| Andrew Shepherd, CEO | +44 (0)20 7659 3492 |
| Ben Thorpe, CFO | +44 (0)20 7659 3492 |
| | |
| | |
| Peel Hunt LLP | |
| Paul Shackleton / John Welch | +44 (0)20 7418 8900 |
LEI: 213800WRDF8LB8MIEX37
ANNEX
The notification below, made in accordance with the UK Market Abuse Regulation, provides further details:
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |
| (a) | Name | Ben Thorpe |
| 2. | Reason for the notification | |
| (a) | Position/status | Chief Financial 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 1 pence each
BRK ISIN GB00B067N833 |
| (b) | Nature of the transaction | Sale of ordinary shares of 1 pence each in the Company |
| (c) | Price(s) and volume(s) | Volume: 14,290 Price(s): £18.05 per share
|
| (d) | Aggregated information | Aggregated volume: 14,290 Aggregated price: £18.05 |
| | Date of the transaction | 7 November 2022 |
| | Place of the transaction | London Stock Exchange, AIM Market (XLON) |
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |
| (a) | Name | Ben Thorpe |
| 2. | Reason for the notification | |
| (a) | Position/status | Chief Financial 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 1 pence each
BRK ISIN GB00B067N833 |
| (b) | Nature of the transaction | Purchase of ordinary shares of 1 pence each in the Company |
| (c) | Price(s) and volume(s) | Volume: 14,290 Price(s): £18.0530 per share
|
| (d) | Aggregated information | Aggregated volume: 14,290 Aggregated price: £18.0530 |
| | Date of the transaction | 7 November 2022 |
| | Place of the transaction | London Stock Exchange, AIM Market (XLON) |
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |
| (a) | Name | Ben Thorpe |
| 2. | Reason for the notification | |
| (a) | Position/status | Chief Financial 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 1 pence each
BRK ISIN GB00B067N833 |
| (b) | Nature of the transaction | Exercise of awards granted under the 2019 Brooks Macdonald Long Term Incentive Plan as deferred bonus share awards |
| (c) | Price(s) and volume(s) | Volume: 5,243 Price(s): nil
|
| (d) | Aggregated information | Aggregated volume: 5,243 Aggregated price: nil |
| | Date of the transaction | 7 November 2022 |
| | Place of the transaction | Outside a trading venue |
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |
| (a) | Name | Ben Thorpe |
| 2. | Reason for the notification | |
| (a) | Position/status | Chief Financial 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 1 pence each
BRK ISIN GB00B067N833 |
| (b) | Nature of the transaction | Sale of shares to cover income tax and National Insurance liabilities due on exercise of awards granted under the 2019 Brooks Macdonald Long Term Incentive Plan as deferred bonus share awards |
| (c) | Price(s) and volume(s) | Volume: 2,531 Price(s): £19.172820 |
| (d) | Aggregated information | Aggregated volume: 2,531 Aggregated price: £19.172820 |
| | Date of the transaction | 7 November 2022 |
| | Place of the transaction | London Stock Exchange, AIM Market (XLON) |
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