Strategic Report
Governance Report
Financial Statements
Other Information
Vesting profile of all share awards
The Deferred Bonus Plan awards have no performance conditions and awards are made in the form of nil price options. Ongoing eligibility for the awards is subject to the plan rules. In view of the CEO’s FY25 leaving reason being retirement, the Remuneration Committee have approved the presumption in the rules that he will remain eligible for his DBP awards at full value following leaving.
The following tables set out details of the Directors’ share awards and their vesting profile. Deferred Bonus Plan (“DBP”) The Long-Term Incentive Plan was approved by shareholders at the 2018 Annual General Meeting and encompasses deferral of both annual bonuses (DBP) and conditional awards (LTIP).
A Shepherd
Market value of exercises (£’000)
Forfeited during year
Exercise price (p)
Options at 1 July 2023
Granted during year
Exercised during year
Lapsed during year
Options at 30 June 2024 Vesting date
Expiry date 1
Grant date 31/10/2019 30/09/2020 30/09/2020 30/09/2021 30/09/2021 30/09/2021 30/09/2022 30/09/2022 30/09/2022 28/09/2023 28/09/2023 28/09/2023
– – – – – – – – – – – –
1,122 1,289 1,290 1,415 1,415 1,417 2,968 2,968 2,969
– – – – – – – – –
– – – – – – – – – – – – –
– – – – – – – – – – – – –
– – – – – – – – – – – – –
– – – – – – – – – – – – –
1,122 1,289 1,290 1,415 1,415 1,417 2,968 2,968 2,969 2,667 2,667 2,667
30/09/2022 01/01/2026 30/09/2022 01/01/2026 30/09/2023 01/01/2026 30/09/2022 01/01/2026 30/09/2023 01/01/2026 30/09/2024 01/01/2026 30/09/2023 01/01/2026 30/09/2024 01/01/2026 30/09/2025 31/03/2026 28/09/2024 01/01/2026 28/09/2025 29/03/2026 28/09/2026 29/03/2027
– – –
2,667 2,667 2,667 8,001
Total
16,853
24,854
1 The expiry dates shown have been updated to reflect the CEO’s upcoming retirement as per the treatment for good leavers within the plan rules.
Brooks Macdonald Group plc Annual Report and Accounts 2024
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