Director/PDMR Shareholding

RNS Number : 4984B
Marks & Spencer Group PLC
04 April 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 director / person discharging managerial responsibility:

-      Exercise by J Jenkins, PDMR (Director of Womenswear, Lingerie & Beauty) of 20,554 2015 Restricted Share Plan (RSP) shares and the subsequent sale of 9,694 to cover the tax and NI liability.

-      Exercise by J Jenkins, PDMR (Director of Womenswear, Lingerie & Beauty) of 3,876 2013 Performance Share Plan (PSP) shares and the subsequent sale of 1,829 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

J Jenkins

2

Reason for the notification

a)

Position/status

PDMR (Director of Womenswear, Lingerie & Beauty)

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 20,554 2015 Restricted Share Plan (RSP) shares.

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

Nil consideration

20,554

d)

Aggregated information

-

Aggregated volume

-

Price

n/a (single transaction)

e)

Date of the transaction

2017-03-31

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

J Jenkins

2

Reason for the notification

a)

Position/status

PDMR (Director of Womenswear, Lingerie & Beauty)

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 9,694 shares to cover the tax and NI liability arising following exercise of 20,554 2015 Restricted Share Plan (RSP) shares.

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

335.3

9,694

d)

Aggregated information

-

Aggregated volume

-

Price

n/a (single transaction)

 

e)

Date of the transaction

2017-03-31

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

J Jenkins

2

Reason for the notification

a)

Position/status

PDMR (Director of Womenswear, Lingerie & Beauty)

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 3,876 2013 Performance Share Plan (PSP) shares.

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

Nil consideration

3,876

d)

Aggregated information

-

Aggregated volume

-

Price

n/a (single transaction)

e)

Date of the transaction

2017-03-31

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

J Jenkins

2

Reason for the notification

a)

Position/status

PDMR (Director of Womenswear, Lingerie & Beauty)

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 1,829 shares to cover the tax and NI liability arising following exercise of 3,876 2013 Performance Share Plan (PSP) shares.

c)

Price(s) and volume(s)

 

 

Price(s)

Volume(s)

335.3

1,829

d)

Aggregated information

-

Aggregated volume

-

Price

n/a (single transaction)

 

e)

Date of the transaction

2017-03-31

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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