Director/PDMR Shareholding
Brooks Macdonald Group PLC announced on October 15, 2026, the grant of nil price options over ordinary shares to two persons discharging managerial responsibilities (PDMRs) under its Long Term Incentive Plan. Andrea Montague, the Chief Executive Officer, received 13,332 Deferred Bonus Plan Awards and 65,023 Executive LTIP Awards, while Lucy Tilley, the Chief Financial Officer, was granted 52,498 Executive LTIP Awards. The Deferred Bonus Plan Awards vest in three equal tranches by October 2029 with no performance conditions, whereas the Executive LTIP Awards are contingent on achieving performance conditions, 90% financial and 10% non-financial, over a three-year period and will be subject to a holding period until October 2031.
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On 15 October 2026, pursuant to the Brooks Macdonald Group Long Term Incentive Plan (the "Plan") the Company granted awards of nil price options over ordinary shares of 1 pence each in the Company ("Shares") to the following PDMRs (the "Deferred Bonus Plan Awards" and the "Executive LTIP Awards"):
| PDMR | Number of Shares Over Which Deferred Bonus Plan Awards are Granted | Number of Shares Over Which Executive LTIP Awards are Granted |
|---|---|---|
| Andrea Montague | 13,332 | 65,023 |
| Lucy Tilley | - | 52,498 |
Deferred Bonus Plan Awards
Subject to continued employment of the PDMRs, the Deferred Bonus Plan Awards will normally vest and become exercisable in three equal tranches on 15 October 2027, 15 October 2028 and 15 October 2029. There are no performance conditions or holding periods associated with the Deferred Bonus Plan Awards.
Executive LTIP Awards
Vesting of Awards
Subject to continued employment of the PDMRs, the Executive LTIP Awards will only vest and become exercisable to the extent that performance conditions are achieved over the three-year performance period (from FY27 to FY29). The LTIP metrics will be based 90% on financial metrics and 10% on non-financial metrics. The financial metrics are 45% relative Total Shareholder Return versus the constituents of the FTSE SmallCap index (excluding Investment Trusts) and 45% on absolute Total Shareholder Return measured against stretching compound growth targets. The non-financial metrics will be based on a broad assessment of metrics and indicators pertaining to customer outcomes, people and culture, and progress on the "Reignite Growth" strategy. Further details of the metrics and targets for the Executive LTIP Awards have been published on page 95 the 2026 Annual Report and Accounts.
To the extent that the performance conditions are achieved, the Executive LTIP Awards will vest and become exercisable on 15 October 2029, following the announcement of the Group's results for the year ended 30 June 2029.
Holding period
Following vesting, the Executive LTIP Awards shall be subject to a compulsory, holding period until 15 October 2031, providing for a combined overall vesting and holding period of five years.
ANNEX
| 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 |
| (a) | Name | Brooks Macdonald Group plc |
| (b) | LEI | 213800WRDF8LB8MIEX37 |
| (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 the ordinary shares of 1 pence each in the Company under the Brooks Macdonald Group Long Term Incentive Plan |
| (c) | Price(s) and volume(s) | Volume granted: 78,355 Of which Deferred Bonus Plan Awards : 13,332 Of which Executive LTIP Awards: 65,023 Exercise Price(s): Nil |
| (d) | Aggregated information | Aggregated volume: n/a Aggregated price: n/a |
| Date of the transaction | 15 October 2026 | |
| Place of the transaction | Outside a trading venue | |
| 1. | Details of the person discharging managerial responsibilities / person closely associated | |
| (a) | Name | Lucy Tilley |
| 2. | Reason for the notification | |
| (a) | Position/status | Chief Financial Officer |
| (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 | Ordinary shares of 1 pence each ISIN: GB00B067N833 |
| (b) | Nature of the transaction | Grant of nil price options over the ordinary shares of 1 pence each in the Company Brooks Macdonald Group Long Term Incentive Plan |
| (c) | Price(s) and volume(s) | Volume granted: 5 2,498 Of which Executive LTIP Awards: 52,498 Exercise Price(s): Nil |
| (d) | Aggregated information | Aggregated volume: n/a Aggregated price: n/a |
| Date of the transaction | 15 October 2026 | |
| Place of the transaction | Outside a trading venue |
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