Director/PDMR Shareholding

RNS Number : 0432P

Marks & Spencer Group PLC

08 July 2010

 



Marks and Spencer Group Plc Notification of Transactions Of Directors/Persons Discharging Managerial Responsibility and Connected Persons

1. Deferred Share Bonus Plan

It was confirmed on 8 July 2010 that on 7 July 2010 the following shares vested under the Marks and Spencer Group Deferred Share Bonus Plan for the following PDMRs of the Company:

Directors	Vesting of Deferred Share Bonus Plan Shares (see note below)	Release of Dividend Re-Investment Plan shares (see note below)
Sir Stuart Rose	222,898	37,819
Steven Sharp	65,640	18,909

Note: The above awards were made under the Company's Annual Bonus Scheme in June 2007. The Scheme required executive directors to defer 60% of their bonus earned into shares in the Deferred Share Bonus Plan, to be released after three years.

Both Sir Stuart Rose and Steven Sharp elected to have their Deferred Share Bonus Plan 2007 award in the form of forfeitable shares which entitled them to dividends through a Dividend Re-Investment Plan (DRiP). The DRiP shares earned over the three year deferral period were also released on 7 July 2010.

2. Shareholdings of PDMRs

Directors	Total Holding of Ordinary Shares	Total Percentage Holding
Sir Stuart Rose	1,526,590	De minimis
Steven Sharp	384,087	De minimis

The above information has been disclosed under DTR 3.1.4

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