Director/PDMR Shareholding

RNS Number : 0205Q

Brown (N.) Group PLC

23 June 2022

 

N Brown Group plc

Director/PDMR Shareholdings

N Brown Group plc (the "Company") announces that, 94,517 ordinary shares of 11 1/19 pence each ("Ordinary Shares"), were issued to its Chief Executive Officer, Steve Johnson, and 71,131 Ordinary Shares were issued to its Chief Financial Officer, Rachel Izzard on 27 May 2022, representing 40 per cent of the value of bonus awards in respect of the 52 weeks ended 26 February 2022 in accordance with the terms of the Company's annual bonus scheme. The Ordinary Shares were issued from the Company's Employee Share Ownership Trust and are not subject to any performance conditions but are subject to a three-year holding period.

The notifications below, made in accordance with the requirements of the UK Market Abuse Regulation, provide further details.

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Steve Johnson
2	Reason for the notification
a)	Position/status	CEO, N Brown Group Plc
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	N Brown Group Plc
b)	LEI	213800QFPJQF2NUVAP09
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	Ordinary Shares
	Identification code	GB00B1P6ZR11
b)	Nature of the transaction	Award of Ordinary Shares under the Company's bonus scheme
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil	94,517
d)	Aggregated information
		94,517 Ordinary Shares
	- Aggregated volume
		Nil
	- Price
e)	Date of the transaction	27 May 2022
f)	Place of the transaction	Off market transaction

1	Details of the person discharging managerial responsibilities / person closely associated
a)	Name	Rachel Izzard
2	Reason for the notification
a)	Position/status	CFO, N Brown Group Plc
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	N Brown Group Plc
b)	LEI	213800QFPJQF2NUVAP09
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	Ordinary Shares
	Identification code	GB00B1P6ZR11
b)	Nature of the transaction	Award of Ordinary Shares under the Company's bonus scheme
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil	71,131
d)	Aggregated information
	- Aggregated volume	71,131 Ordinary Shares
	- Price	Nil
e)	Date of the transaction	27 May 2022
f)	Place of the transaction	Off market transaction

For enquiries, please contact: Michael Mustard, Company Secretary, N Brown Group Plc

Tel: [phone]

Registered office:

Griffin House

40 Lever Street

Manchester

M60 6ES

Shore Capital - Nominated Adviser and Broker

Stepahne Auton / Daniel Bush / John More

[phone]

 

END

 

 

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