REG - Rathbone Brothers - Director/PDMR Shareholding
RNS Number : 0240ZRathbone Brothers PLC18 May 2021
Rathbone Brothers Plc (the "Company")
Notification of Transactions of Persons Discharging Managerial Responsibilities
Following shareholder approval of the Directors' Remuneration Policy at the 2021 Annual General Meeting, the Company announces that the following PDMRs were granted a Restricted Share Award in accordance with the rules of the Rathbone Brothers Plc Executive Share Performance Plan for 2021.
These awards were made at a share price of £15.87, based on the average share price over five days preceding the grant date and discounted to reflect the absence of dividend equivalents over the vesting period. The award will vest on the third anniversary of the grant date and a further two-year holding period will apply. The PDMRs will not be permitted to sell shares during this time and 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 - 07901 118456
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
Restricted Share Award grant made pursuant to the Rathbone Brothers Plc Executive Share Performance Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£15.87
21,881
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
2021-05-14
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
Restricted Share Award grant made pursuant to the Rathbone Brothers Plc Executive Share Performance Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£15.87
14,679
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
2021-05-14
f)
Place of the transaction
Outside a trading venue
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Andrew Brodie
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
Restricted Share Award grant made pursuant to the Rathbone Brothers Plc Executive Share Performance Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£15.87
10,887
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
2021-05-14
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
Restricted Share Award grant made pursuant to the Rathbone Brothers Plc Executive Share Performance Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£15.87
10,091
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
2021-05-14
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
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
Restricted Share Award grant made pursuant to the Rathbone Brothers Plc Executive Share Performance Plan.
c)
Price(s) and volume(s)
Price(s)
Volume(s)
£15.87
12,862
d)
Aggregated information
- Aggregated volume
- Price
Not applicable - single transaction
e)
Date of the transaction
2021-05-14
f)
Place of the transaction
Outside a trading venue
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