Brooks Macdonald Group PLC Exercise of Options and EBT Exercise of Shares (1758T)
March 24 2016 - 6:19AM
UK Regulatory
TIDMBRK
RNS Number : 1758T
Brooks Macdonald Group PLC
24 March 2016
Brooks Macdonald Group plc
(the "Company")
Exercise of Options and EBT Exercise of Shares
The Company has received notice that, on 23 March 2016, a number
of employees exercised options over 12,500 ordinary shares of 1p
each in the Company ("Ordinary Shares") in accordance with the
rules of the Enterprise Management Incentive Scheme ("EMI").
Pursuant to the exercise of these options, the Company has made
an application to the London Stock Exchange for 12,500 new Ordinary
Shares to be admitted to trading on AIM ("Admission"). It is
expected that Admission will become effective on 1 April 2016.
The Company has received a notice that a number of employees
have exercised share options in accordance with the rules of the
2011 and 2012 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 1742
ordinary shares to satisfy the awards. Following this transfer the
EBT now holds 211,505 ordinary shares, representing 1.55% of the
Company's current voting rights.
Following this notification, the Company has 13,676,826 Ordinary
Shares in issue.
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
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