Brooks Macdonald Group PLC Exercise of Options and Directors' Dealings (5381J)
April 07 2015 - 11:39AM
UK Regulatory
TIDMBRK
RNS Number : 5381J
Brooks Macdonald Group PLC
07 April 2015
Brooks Macdonald Group PLC
(the "Company")
Exercise of Options and Directors' Dealings
Exercise of Options
-- Long Term Incentive Scheme ("LTIS")
The Company has received notice that Andrew Shepherd and an
employee have exercised share options in accordance with the rules
of the 2010 and 2011 LTIS schemes.
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 3,321
ordinary shares to satisfy the awards. Following this transfer the
EBT now holds 212,671 ordinary shares, representing 1.6% of the
Company's current voting rights.
-- Enterprise Management Incentive Scheme ("EMI")
Employees and directors have exercised options over 29,500
shares in accordance with the rules of the EMI. The Company has
made an application to the London Stock Exchange for 29,500 new
ordinary shares to be admitted to trading on AIM ("Admission"). It
is expected that Admission will become effective on 10 April
2015.
The options were exercised at the following prices:
-- 25,000 options were exercised at a price of GBP1.555;
-- 2,000 options were exercised at a price of GBP2.15; and
-- 2,500 options were exercised at a price of GBP2.905 per
share.
Nick Holmes has exercised options over 15,000 shares at an
exercise price of GBP1.555 per share.
Following this notification, the Company has 13,623,329 ordinary
shares in issue.
Directors' Dealings
As mentioned above, Andrew Shepherd has exercised LTIS options
over 2,095 shares which were sold on 02 April. Andrew Shepherd also
transferred 2,673 shares into his SIPP and his wife sold 1,000
shares on 02 April.
Nick Holmes has exercised EMI options over 15,000 shares at an
exercise price of GBP1.555 per share. He and his wife have each
sold 800 shares today.
Simon Jackson transferred 21,750 shares to his wife on 01 April
2015. Mrs. Jackson sold 983 shares and re-purchased via her ISA on
02 April and sold 1,000 shares and re-purchased via her ISA today.
Simon's total holding remains unchanged post transfers.
Richard Spencer transferred 3,000 shares from a SIPP to an ISA
on 01 April 2015. Richard's total shareholding remains unchanged
post transfer.
The number of shares sold by Nick Holmes and Andrew Shepherd are
set out below:
Number of Number of Total number
EMI options LTIS options of Shares held
over Shares over Shares Number of following transaction % of Company's
Director exercised exercised Shares sold Issued Capital
---------------- ------------ -------------- ------------- ----------------------- ----------------
Nick Holmes 15,000 0 1,600 54,895 0.403%
Andrew Shepherd 0 2,095 3,095 47,915 0.352%
Enquiries:
Brooks Macdonald Group PLC
Chris Macdonald, 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
RDSSSWFIWFISEDL
Brooks Macdonald (LSE:BRK)
Historical Stock Chart
From Jun 2024 to Jul 2024
Brooks Macdonald (LSE:BRK)
Historical Stock Chart
From Jul 2023 to Jul 2024