TIDMBRK

RNS Number : 9426O

Brooks Macdonald Group PLC

24 August 2017

Brooks Macdonald Group plc

(the "Company")

Director / PDMR Shareholding

The Company announces that it has granted awards under the Company's existing Company Share Option Plan ("CSOP") and Long Term Incentive Scheme ("LTIS") (collectively referred to as, the "Awards") to its Chief Executive, Caroline Connellan, the details of which are set out below.

                                       Number of Shares                    Date of Grant               Vesting Date

CSOP award 1,491 18 August 2017 18 August 2020

LTIS awards 4,163 21 August 2017 13 March 2018

                                       2,312                                        21 August 2017             13 March 2019 
                                       7,458                                        21 August 2017             10 April 2020

The vesting of the Awards is subject to ongoing employment with the Company and the achievement of certain performance conditions. Subject to the rules of the CSOP and LTIS, the Awards will vest on the above mentioned dates and remain exercisable until the tenth anniversary of the grant date.

The CSOP award has been granted in the form of an option with an exercise price per share of GBP20.11. The LTIS awards have been granted in the form of an option with an exercise price per share of GBP0.01.

The LTIS awards are in part in lieu of sacrificed awards granted to Caroline Connellan by her previous employer which have lapsed as a result of her appointment as Chief Executive of the Company (the "Outgoing Awards"). Accordingly, the vesting dates of part of the LTIS awards coincide with the vesting dates of the Outgoing Awards, had they not lapsed.

ANNEX

Template for 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                          Caroline Connellan 
---  ----------------------------  ---------------------------------------- 
 2    Reason for the notification 
---  ---------------------------------------------------------------------- 
 a)   Position/status                Chief Executive Officer 
---  ----------------------------  ---------------------------------------- 
 b)   Initial notification           Initial notification 
       /Amendment 
---  ----------------------------  ---------------------------------------- 
 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                Options over Ordinary Shares 
       the financial                 of 1 pence per share in Brooks 
       instrument, type              Macdonald Group plc 
       of instrument 
--- 
 
      Identification                BRK 
       code 
                                     ISIN GB00B067N833 
 
 b)   Nature of the                 Grant of options over Ordinary 
       transaction                   Shares of 1 pence per share 
                                     in Brooks Macdonald Group 
                                     plc under the LTIS and CSOP 
                                     schemes 
---  ----------------------------  ---------------------------------------- 
 c)   Price(s) and volume(s) 
                                        Volume(s) granted: 
 
                                        CSOP: 1,491 
                                        LTIS: 13,933 
 
                                        Exercise Price(s): 
 
                                        CSOP: GBP 20.11 
 
                                        LTIS: GBP0.01 
---                                  ---------------------------------- 
 
 d)   Aggregated information 
--- 
                                    Aggregated volume: 15,424 
                                     options 
--- 
                                     Aggregated price: n/a 
 
 
 e)   Date of the transaction 
                                                 CSOP: 18 August 2017 
                                                 LTIS: 21 August 2017 
---  ----------------------------  ---------------------------------------- 
 f)   Place of the transaction      London Stock Exchange, AIM 
                                     Market (XLON) 
---  ----------------------------  ----------------------------------------

Enquiries:

 
 Brooks Macdonald Group 
  PLC 
 Caroline Connellan, 
  Chief Executive           +44 (0)20 7499 6424 
 Simon Jackson, Finance 
  Director 
 
 Peel Hunt LLP 
 Guy Wiehahn                +44 (0)20 7418 8900

This information is provided by RNS

The company news service from the London Stock Exchange

END

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August 24, 2017 11:08 ET (15:08 GMT)

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