Grant of SAYE Options
Brooks Macdonald granted 174,677 SAYE options to 237 employees at £11.56 exercise price.
- Total employees participating 237
- Total SAYE options granted 174,677
- Exercise price per share £11.56
- Discount to mid-market price 20%
- Options per PDMR granted 1,591 shares each
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Brooks Macdonald announces that as part of its approved Save As You Earn ("SAYE") Scheme the following options to subscribe for ordinary shares of 1p each ("Ordinary Shares") in the Company were granted on 13 May 2025.
A total of 237 employees, including two PDMRs, have applied to participate in the Company's 2025 SAYE Scheme ("2025 SAYE"), resulting in the grant of options to subscribe for an aggregate of 174,677 Ordinary Shares ("2025 SAYE Options").
The 2025 SAYE Options each have an exercise price of £11.56, calculated in accordance with the rules of the 2025 SAYE. This represents a discount of 20% to the mid-market closing price on 16 April 2025, being the last practicable day prior to the invitation being made to all eligible employees to participate in the 2025 SAYE. Subject to the rules of the 2025 SAYE, participants will be able to exercise their 2025 SAYE Options within 6 months commencing from 1 June 2028.
Pursuant to the 2025 SAYE, Andrea Montague and Katherine Jones, PDMRs of the Company applied to participate, and have each been granted 2025 SAYE Options in the amount of 1,591 shares.
| 1 | Details of PDMR / person closely associated | |
| a) | Name | Andrea Montague |
| 2. | Reason for the notification | |
| a) | Position / Status | CEO |
| b) | Initial notification / Amendment | Initial notification |
| a) | Name | Brooks Macdonald Group plc |
| b) | LEI | 213800WRDF8LB8MIEX37 |
| a) | Description of the financial instrument, type of instrument Identification code | Options granted over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc BRK ISIN:GB00B067N833 |
| b) | Nature of the transaction | Grant of options over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc under the 2025 SAYE |
| c) | Price (pence) and volume | Date Exercise Price(s) Volume(s) 13 May 2025 1156.00p 1,591 |
| d) | Aggregated information - Aggregated volume | As above |
| - Price (pence) | ||
| e) | Date of the transaction | 13 May 2025 |
| f) | Place of the transaction | Outside of a main market |
| 1 | Details of PDMR / person closely associated | |
| a) | Name | Katherine Jones |
| 2. | Reason for the notification | |
| a) | Position / Status | CFO |
| b) | Initial notification / Amendment | Initial notification |
| a) | Name | Brooks Macdonald Group plc |
| b) | LEI | 213800WRDF8LB8MIEX37 |
| a) | Description of the financial instrument, type of instrument Identification code | Options granted over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc BRK ISIN:GB00B067N833 |
| b) | Nature of the transaction | Grant of options over Ordinary Shares of 1 pence per share in Brooks Macdonald Group plc under the 2025 SAYE |
| c) | Price (pence) and volume | Date Exercise Price(s) Volume(s) 13 May 2025 1156.00p 1,591 |
| d) | Aggregated information - Aggregated volume | As above |
| - Price (pence) | ||
| e) | Date of the transaction | 13 May 2025 |
| f) | Place of the transaction | Outside of a main market |
www.brooksmacdonald.com / @BrooksMacdonald
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.