N BROWN GROUP PLC
- Director/PDMR Shareholdings
N Brown Group Plc ("N Brown" or the "Company"),
a top 10 UK clothing & footwear digital retailer, announces
that on 6 August 2024 nil cost options were
granted to its Interim Executive Chair and Chief Executive Officer,
Steve Johnson, over 1,527,101 shares, and to its Chief Financial
Officer, Dominic Appleton, over 954,713 shares ("Awards") under the
terms of the N Brown Group plc Share Plan 2023.
The number of shares placed under
Award was based on the closing mid-market price for the preceding
trading day, 5 August 2024, which was 23.6 pence.
The Awards shall vest on the third anniversary
of grant, subject to continued service, with a two-year holding
period thereafter, and are subject to a performance underpin prior
to vesting.
The notifications below, made in
accordance with the requirements of the UK Market Abuse
Regulation, provide 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
|
Interim Executive Chair and 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
|
Nil cost options over Ordinary
shares of 11 1/19 pence
|
|
|
|
|
Identification code
|
GB00B1P6ZR11
|
|
|
|
|
b)
|
Nature of the transaction
|
Grant of options
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
Nil cost options
|
1,527,101
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
|
|
|
- Aggregated volume
|
N/A- single transaction
|
|
|
|
|
- Price
|
|
|
|
|
|
e)
|
Date of the transaction
|
6 August 2024
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
|
1
|
Details of the person discharging managerial responsibilities
/ person closely associated
|
|
a)
|
Name
|
Dominic Appleton
|
|
2
|
Reason for the notification
|
|
a)
|
Position/status
|
CFO, 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
|
Nil cost options over Ordinary
shares of 11 1/19 pence
|
|
|
|
|
Identification code
|
GB00B1P6ZR11
|
|
|
|
|
b)
|
Nature of the transaction
|
Grant of options
|
|
c)
|
Price(s) and volume(s)
|
|
|
|
|
|
|
|
Price(s)
|
Volume(s)
|
|
|
|
|
Nil cost options
|
954,713
|
|
|
|
|
|
|
|
|
d)
|
Aggregated information
|
|
|
|
|
|
- Aggregated volume
|
N/A- single transaction
|
|
|
|
|
- Price
|
|
|
|
|
|
e)
|
Date of the transaction
|
06 August 2024
|
|
f)
|
Place of the transaction
|
Outside a trading venue
|
For further
information:
|
N
Brown Group
|
|
|
David Fletcher, Head of Investor
Relations
|
+44
(0)7876 111 242
|
|
Hawthorn
|
|
|
Henry Lerwill
Simon Woods
|
+44
(0)7894 608 607
+44
(0)7719 078 196
nbrown@hawthornadvisors.com
|
|
Shore Capital - Nomad and Broker
Stephane Auton / Daniel Bush /
Rachel Goldstein
Fiona Conroy (Corporate
Broking)
|
+44 (0) 20
7408 4090
|
About N Brown Group:
N Brown is a top 10 UK clothing and
footwear digital retail platform, with a home proposition,
headquartered in Manchester and employs around 1,700 people
nationwide. Through our strategic retail brands including JD
Williams, Simply Be and Jacamo, we exist to make our customers look
and feel amazing, and take great pride in passionately championing
inclusion and serving the under-served. Our customer-first shopping
experience, supported by our innovative financial services
proposition, is designed to deliver choice, affordability, and
value to our customers, and allows us to be truly inclusive and
accessible.