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: +44 (0)161 238 2298

Registered office:

Griffin House

40 Lever Street

Manchester

M60 6ES

 

 

Shore Capital - Nominated Adviser and Broker

Stephane Auton / Daniel Bush / John More

+44(0) 20 7408 4090

 

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