REG - Brooks Macdonald Grp - Grant of SAYE

Brooks MacdonaldAnnouncement

15/05/2024 10:00

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RNS Number : 5396O  Brooks Macdonald Group PLC  15 May 2024

Brooks Macdonald Group plc

(the "Company")

 

Grant of SAYE

 

The Company announces that as part of its approved Save As You Earn ("SAYE")
Scheme the following options to subscribe for ordinary shares of 1p each in
the Company were granted on 15 May 2024.

Under the Company's 2024 SAYE Scheme ("2024 SAYE"), which was made available
to all Group employees, a total of 119 employees applied to participate,
resulting in the grant of options to subscribe for an aggregate of 63,603
ordinary shares ("2024 SAYE Options").

The 2024 SAYE Options each have an exercise price, calculated in accordance
with the rules of scheme, of £14.62 representing a discount of 20% to the
mid-market closing price on 16 April 2024, being the last practicable day
prior to the invitation to participate in the 2024 SAYE being made.  Subject
to the rules of the 2024 SAYE, participants will be able to exercise their
2024 SAYE options within the 6 months commencing from 1 June 2027.

 

Enquiries:

 

 Brooks Macdonald Group plc
 Andrew Shepherd, CEO                                              +44 (0)20 7927 4816
 Andrea Montague, CFO                                              +44 (0)20 7927 4816

 Singer Capital Markets (Nominated Adviser and Joint Broker)     +44 (0)20 7496 3000

 Charles Leigh-Pemberton / James Moat

 Investec Bank plc (Joint Broker)                                +44 (0)20 7597 4000

 Bruce Garrow / David Anderson

 LEI: 213800WRDF8LB8MIEX37

 

 

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