BROOKS MACDONALD GROUP PLC

Remuneration Information • Oct 22, 2024

National Storage Mechanism | Additional information

RNS Number : 1878J

Brooks Macdonald Group PLC

22 October 2024

Brooks Macdonald Group plc

(the "Company" and together with its subsidiaries "Brooks Macdonald" or the "Group")

Director/PDMR Shareholding

Notification and public disclosure of transactions by persons discharging managerial responsibilities ("PDMR") in accordance with the UK Market Abuse Regulations. 

On 21 October 2024, the Company granted pursuant to the 2018 Brooks Macdonald Long Term Incentive Plan (the "Plan") nil price options (the "Executive LTIP Awards") over the ordinary shares of 1 pence each in the Company (the "Shares") to the following PDMRs:

PDMR	Number of Shares Over Which Awards are Granted
Andrea Montague	52,303
Robin Eggar	16,771

The Plan has been established to retain and incentivise the Executives in order to deliver our ambitious growth aims and to closely align the interests of executives with those of shareholders.

Vesting of Awards

The Executive LTIP Awards will only vest and become exercisable to the extent that stretching targets are achieved over the three-year vesting period. The target metrics will be based 50% on underlying, diluted earnings per share, 35% on funds under management growth and 15% based on a basket of environmental, social and governance based metrics. 

Further the Executive LTIP Awards are also subject to continued employment and malus and clawback provisions.

Timetable

To the extent that the necessary performance conditions are achieved, the Executive LTIP Awards will vest and become exercisable on 21 October 2027, following the announcement of the Group's results for the year ended 30 June 2027 and the holding requirement is expected to lapse on 21 October 2029.

Holding period

The Executive LTIP Awards shall be subject to a compulsory, holding period of a further two years from the date of vesting.

As at today's date, these Awards together represent 0.42% of the total voting rights of the Company.

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	Andrea Montague
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	Brooks Macdonald Group plc
(b)	LEI	213800WRDF8LB8MIEX37
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  ISIN GB00B067N833
(b)	Nature of the transaction	Grant of nil price options over ordinary shares of 1 pence each in the Company
(c)	Price(s) and volume(s)	Volume granted: 52,303 Exercise Price(s): Nil
(d)	Aggregated information	Aggregated volume: n/a Aggregated price: n/a
	Date of the transaction	21 October 2024
	Place of the transaction	Outside of a trading venue

1.	Details of the person discharging managerial responsibilities / person closely associated
(a)	Name	Robin Eggar
2.	Reason for the notification
(a)	Position/status	Chief Commercial 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
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  ISIN GB00B067N833
(b)	Nature of the transaction	Grant of nil price options over ordinary shares of 1 pence each in the Company
(c)	Price(s) and volume(s)	Volume granted: 16,771 Exercise Price(s): Nil
(d)	Aggregated information	Aggregated volume: n/a Aggregated price: n/a
	Date of the transaction	21 October 2024
	Place of the transaction	Outside of a trading venue

Enquiries:

Brooks Macdonald Group plc
Andrea Montague, CEO	+44 (0)20 7927 4816
Singer Capital Markets (Nominated Adviser and Joint Broker) Charles Leigh-Pemberton / James Moat	+44 (0)20 7496 3000
Investec Bank plc (Joint Broker) Christopher Baird / David Anderson	+44 (0)20 7597 4000

LEI: 213800WRDF8LB8MIEX37

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