Director/PDMR Shareholding

RNS Number : 5555B

Next PLC

04 April 2017

Next plc ("Next" and the "Company")

Ordinary Shares of 10 pence each ("Shares")

For immediate release

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility ("PDMR") and Connected Persons

The following notification is made under article 19 of the Market Abuse Regulation ("MAR").

On 3 April 2017 certain directors/ PDMRs acquired a number of Shares each in the Company following an exercise of share options under the April 2013-2016 Share Matching Plan ("SMP").

This announcement is made in accordance with Article 19.3 of MAR.

Name of Director	Number of Shares acquired *
Lord Simon Wolfson	4,878
Michael Law	1,308
Jane Shields	1,306

* This share award is after settlement of income tax and employees national insurance contributions.

1.	Details of Director/PDMR
a)	Name	1. Lord Wolfson of Aspley Guise 2. Michael Law 3. Jane Shields
b)	Position / status	1. Chief Executive Officer 2. Group Operations Director 3. Group Sales and Marketing Director
c)	Initial notification / amendment	Initial notification
2.	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	Ordinary shares of £0.10 each GB0032089863
b)	Nature of the transaction	Exercise of Share award under a Next plc SMP. Number of shares as follows: 1. Lord Wolfson of Aspley Guise - 4,878 2. Michael Law - 1,308 3. Jane Shields - 1,306
c)	Price(s) and volume(s)	Closing price as at 3 April 2017 - £41.66
d)	Aggregated information	N/A
e)	Date of the transaction	3 April 2017
f)	Place of transaction	N/A