Director/PDMR Shareholding

RNS Number : 0025L

Marks & Spencer Group PLC

13 July 2017

 

Director/PDMR Shareholding

Marks and Spencer Group plc (the "Company") announces that it has been notified of the following transaction in the Company's Ordinary 25p shares undertaken by a person discharging managerial responsibility ("PDMR"):

-      Exercise by P Friston, PDMR (International Director) of an option to acquire 20,133 shares pursuant to a Restricted Share Plan (RSP) award, and the subsequent sale of 9,497 shares to cover the tax and NI liability.

The notification set out below is provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	P Friston
2	Reason for the notification
a)	Position/status	PDMR (International Director)
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Marks and Spencer Group plc
b)	LEI	213800EJP14A79ZG1X44
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 Identification code	Ordinary 25p shares ISIN: GB0031274896
b)	Nature of the transaction	Exercise of option to acquire 20,133 shares pursuant to a Restricted Share Plan (RSP) award granted in March 2015.
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil consideration 20,133
d)	Aggregated information - Aggregated volume - Price	n/a (single transaction)
e)	Date of the transaction	12 July 2017
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	P Friston
2	Reason for the notification
a)	Position/status	PDMR (International Director)
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Marks and Spencer Group plc
b)	LEI	213800EJP14A79ZG1X44
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 Identification code	Ordinary 25p shares ISIN: GB0031274896
b)	Nature of the transaction	Sale of 9,497 shares to cover tax and NI liability arising from the exercise of an option to acquire 20,133 shares pursuant to a Restricted Share Plan (RSP) award granted in March 2015.
c)	Price(s) and volume(s)	Price(s) Volume(s) 316.85p 9,497
d)	Aggregated information - Aggregated volume - Price	n/a (single transaction)
e)	Date of the transaction	12 July 2017
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

END

 

 

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