Exercise of options and Director/PDMR Shareholding

RNS Number : 6644Y

Brown (N.) Group PLC

07 September 2022

 

N Brown Group plc (the "Company")

Exercise of options and Director/PDMR Shareholding

The Company announces that on 5 September 2022 Stephen Johnson, CEO of the Company, exercised options over 35,410 ordinary shares of 11 1/19 pence each in the Company ("Ordinary Shares") following the vesting on 18 June 2022 of awards made under the terms of the Company's 2014 Deferred Share Bonus Plan ("DSBP") which were granted on 18 June 2019.  To satisfy the exercise of options, Ordinary Shares will be allocated from the unallocated Ordinary Shares held by the Company's Employee Share Ownership Trust.

The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail.

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	Stephen 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 of 11 1/19 pence each
	Identification code	GB00B1P6ZR11
b)	Nature of the transaction	Exercise of options granted under the Company's Deferred Share Bonus Plan (2014).
c)	Price(s) and volume(s)
			Price(s)	Volume(s)
			Nil	35,410
d)	Aggregated information
	- Aggregated volume	N/A - single transaction
	- Price
e)	Date of the transaction	05 September 2022
f)	Place of the transaction	Outside of a trading venue

For enquiries, please contact: Christian Wells, General Counsel and Company Secretary, N Brown Group Plc

Tel: [phone]

Registered office:

Griffin House

40 Lever Street

Manchester

M60 6ES

Shore Capital - Nominated Adviser and Broker

Stephane Auton / Daniel Bush / John More

[phone]

 

END

 

 

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