Director/PDMR Shareholding

RNS Number : 8049A

Next PLC

28 March 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 27 March 2017 certain directors/ PDMRs acquired a number of Shares each in the Company as part of a vesting of share awards under the March 2014-2017 Long Term Incentive Plan ("LTIP").

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

Name of Director	Number of shares acquired *
Lord Simon Wolfson	1,397
Amanda James	248
Michael Law	575
Jane Shields	575

* These share awards are after settlement of income tax and employees national insurance contributions. These shares must be retained for a minimum period of two years from 27 March 2017.

1.	Details of Director/PDMR
a)	Name	1.  Lord Wolfson of Aspley Guise 2.  Amanda James 3.   Michael Law 4.   Jane Shields
b)	Position / status	1. Chief Executive 2. Group Finance Director 3. Group Operations Director 4. 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	Vesting of Share award under a Next plc LTIP. Number of Shares as follows: 1.    Lord Wolfson of Aspley Guise - 1,397 2.    Amanda James - 248 3.    Michael Law - 575 4.    Jane Shields - 575
c)	Price(s) and volume(s)	Closing price as at 27 March 2017: £42.32
d)	Aggregated information	N/A
e)	Date of the transaction	27 March 2017
f)	Place of transaction	N/A

Seonna Anderson

Company Secretary

 

END

 

 

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