REG - Rathbone Brothers - Director/PDMR Shareholding

RathbonesAnnouncement

26/03/2020 17:25

RNS Number : 7829H
  
Rathbone Brothers PLC
  
26 March 2020
  
 

Rathbone Brothers Plc (the "Company") 
Notification of Transactions of Persons Discharging Managerial Responsibilities
The Company announces that the following PDMRs were granted a share award in accordance with the rules of the Rathbone Brothers Plc 2015 Executive Incentive Plan for 2019. The award was based on a share price of £15.31, being the average of the closing mid-market share price during the 20 business days to 20 March 2020.
 
This award will vest over a five year period in equal tranches of 20% per annum. During this time, the award is subject to a full five year sale restriction period and will operate from the date of the award. The PDMRs will not be permitted to sell shares during the sale restriction period except for the purpose of meeting tax liabilities on vesting. The awards are subject to malus and clawback provisions.
 
The notifications below, which have been made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.
 
Enquiries:
 
Ali Johnson
Company Secretary
Telephone - 0207 399 0326
 
 
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
 



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Paul Stockton




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


Rathbone Brothers Plc




b)


LEI


213800MBTHM6UE8ZQP29




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 5p each
ISIN: GB0002148343




b)


Nature of the transaction


Share award grant made pursuant to the Rathbone Brothers Plc 2015 Executive Incentive Plan.




c)


Price(s) and volume(s)


Price(s)


Volume(s)




Nil


24,326




d)


Aggregated information 
 
- Aggregated volume
- Price


 
Not applicable - single transaction




e)


Date of the transaction


2020-03-23




f)


Place of the transaction


Outside a trading venue



 
 



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Jennifer Mathias




2


Reason for the notification




a)


Position/status


Group Finance Director




b)


Initial notification/Amendment


Initial notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Rathbone Brothers Plc




b)


LEI


213800MBTHM6UE8ZQP29




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 5p each
ISIN: GB0002148343




b)


Nature of the transaction


Share award grant made pursuant to the Rathbone Brothers Plc 2015 Executive Incentive Plan.




c)


Price(s) and volume(s)


Price(s)


Volume(s)




Nil


13,233




d)


Aggregated information 
 
- Aggregated volume
- Price


 
Not applicable - single transaction




e)


Date of the transaction


2020-03-23




f)


Place of the transaction


Outside a trading venue



 
 



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Andrew Butcher




2


Reason for the notification




a)


Position/status


Chief Operating Officer




b)


Initial notification/Amendment


Initial notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Rathbone Brothers Plc




b)


LEI


213800MBTHM6UE8ZQP29




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 5p each
ISIN: GB0002148343




b)


Nature of the transaction


Share award grant made pursuant to the Rathbone Brothers Plc 2015 Executive Incentive Plan.




c)


Price(s) and volume(s)


Price(s)


Volume(s)




Nil


15,837




d)


Aggregated information 
 
- Aggregated volume
- Price


 
Not applicable - single transaction




e)


Date of the transaction


2020-03-23




f)


Place of the transaction


Outside a trading venue



 
 



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Sarah Owen-Jones




2


Reason for the notification




a)


Position/status


Chief Risk Officer




b)


Initial notification/Amendment


Initial notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Rathbone Brothers Plc




b)


LEI


213800MBTHM6UE8ZQP29




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 5p each
ISIN: GB0002148343




b)


Nature of the transaction


Share award grant made pursuant to the Rathbone Brothers Plc 2015 Executive Incentive Plan.




c)


Price(s) and volume(s)


Price(s)


Volume(s)




Nil


18,259




d)


Aggregated information 
 
- Aggregated volume
- Price


 
Not applicable - single transaction




e)


Date of the transaction


2020-03-23




f)


Place of the transaction


Outside a trading venue



 
 



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


Mike Webb




2


Reason for the notification




a)


Position/status


CEO of RUTM and Head of Marketing




b)


Initial notification/Amendment


Initial notification




3


Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor




a)


Name


Rathbone Brothers Plc




b)


LEI


213800MBTHM6UE8ZQP29




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 5p each
ISIN: GB0002148343




b)


Nature of the transaction


Share award grant made pursuant to the Rathbone Brothers Plc 2015 Executive Incentive Plan.




c)


Price(s) and volume(s)


Price(s)


Volume(s)




Nil


18,183




d)


Aggregated information 
 
- Aggregated volume
- Price


 
Not applicable - single transaction




e)


Date of the transaction


2020-03-23




f)


Place of the transaction


Outside a trading venue



 
 


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