TIDMMKS

RNS Number : 8535Q

Marks & Spencer Group PLC

23 June 2020

Director/PDMR Shareholding

Marks and Spencer Group plc (the 'Company') announces that on 23 June 2020 it was notified of the following transactions in the Company's Ordinary 25p shares undertaken by director / persons discharging managerial responsibility ('PDMRs'):

   1.    Performance Share Plan 

Exercise of an award granted on 5 December 2016 under the Company's 2016 Performance Share Plan ('PSP'), of which 34% vested as disclosed in the Company's 2018/19 Annual Report and Accounts, and subsequent sale of shares to satisfy the tax and National Insurance liabilities arising as set out below.

   2.    Deferred Share Bonus Plan 

Exercise of awards granted on 23 June 2017 under the Company's 2017 Deferred Share Bonus Plan ('DSBP') and subsequent sale of shares to satisfy the tax and National Insurance liabilities arising as set out below.

   3.    Restricted Share Plan 

Exercise of an award granted on 18 June 2018 under the Company's Restricted Share Plan ('RSP'), of which 50% vested in June 2019 and 50% vested in June 2020, and subsequent sale of shares to satisfy the tax and National Insurance liabilities arising as set out below.

 
 PDMR          Shares exercised   Shares sold     Shares retained 
                on 23 June         to cover tax    by individual 
                2020               and NI 
 S Rowe            287,118*          135,421          151,697 
              -----------------  --------------  ---------------- 
 S Berendji         40,314           19,016           21,298 
              -----------------  --------------  ---------------- 
 P Friston          40,314           19,015           21,299 
              -----------------  --------------  ---------------- 
 S Machin           39,452           18,609           20,843 
              -----------------  --------------  ---------------- 
 

*196,374 shares exercised under 2016 Performance Share Plan and 90,744 shares exercised under 2017 Deferred Share Bonus Plan.

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

   1.    Performance Share Plan 
 
 1    Details of the person discharging managerial responsibilities/person closely associated 
 a)   Name                                                      S Rowe 
     --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                           PDMR (Chief Executive Officer) 
     --------------------------------------------------------  ------------------------------------------------------- 
 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          Ordinary 25p shares 
      instrument                                                 ISIN: GB0031274896 
      Identification code 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 1. Exercise of 196,374 shares from the 2016 
                                                                Performance Share Plan. 
                                                                2. Subsequent sale of 92,621 shares acquired under the 
                                                                PSP award to cover the tax and NI liability, 
                                                                with 103,753 shares retained. 
     --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                    1. Exercise Price(s)    Volume(s) 
                                                                  Nil cost    196,374 
                                                                             ---------- 
 
                                                                 2. Sale Price(s)     Volume(s) 
                                                                  GBP1.1002    92,621 
                                                                              ---------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information -   Aggregated volume              1. Exercise Price(s)   Volume(s)  Total 
                                                                  Nil cost   196,374    GBP0.00 
        -   Price                                                           ----------  ------- 
 
                                                                 2. Sale Price(s)    Volume(s)  Total 
                                                                  GBP1.1002   92,621     GBP101,901.62 
                                                                             ----------  ------------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   2020-06-23 
     --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  London Stock Exchange, Main Market (XLON) 
     --------------------------------------------------------  ------------------------------------------------------- 
 
   2.    Deferred Share Bonus Plan 
 
 1    Details of the person discharging managerial responsibilities/person closely associated 
 a)   Name                                                      S Rowe 
     --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                           PDMR (Chief Executive Officer) 
     --------------------------------------------------------  ------------------------------------------------------- 
 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          Ordinary 25p shares 
      instrument                                                 ISIN: GB0031274896 
      Identification code 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 1. Exercise of 90,744 shares from the 2017 Deferred 
                                                                Share Bonus Plan. 
                                                                2. Subsequent sale of 42,800 shares acquired under the 
                                                                DSBP award to cover the tax and NI 
                                                                liability, with 47,944 shares retained. 
     --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                    1. Exercise Price(s)    Volume(s) 
                                                                  Nil cost    90,744 
                                                                             ---------- 
 
                                                                 2. Sale Price(s)     Volume(s) 
                                                                  GBP1.1002    42,800 
                                                                              ---------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information -   Aggregated volume              1. Exercise Price(s)   Volume(s)  Total 
                                                                  Nil cost   90,744     GBP0.00 
        -   Price                                                           ----------  ------- 
 
                                                                 2. Sale Price(s)    Volume(s)  Total 
                                                                  GBP1.1002   42,800     GBP47,088.56 
                                                                             ----------  ------------ 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   2020-06-23 
     --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  London Stock Exchange, Main Market (XLON) 
     --------------------------------------------------------  ------------------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person closely associated 
 a)   Name                                                      S Berendji 
     --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                           PDMR (Retail, Operations & Property 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          Ordinary 25p shares 
      instrument                                                 ISIN: GB0031274896 
      Identification code 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 1. Exercise of 40,314 shares from the 2017 Deferred 
                                                                Share Bonus Plan. 
                                                                2. Subsequent sale of 19,016 shares acquired under the 
                                                                DSBP award to cover the tax and NI 
                                                                liability, with 21,298 shares retained. 
     --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                    1. Exercise Price(s)    Volume(s) 
                                                                  Nil cost    40,314 
                                                                             ---------- 
 
                                                                 2. Sale Price(s)     Volume(s) 
                                                                  GBP1.1053    19,016 
                                                                              ---------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information -   Aggregated volume              1. Exercise Price(s)   Volume(s)  Total 
                                                                  Nil cost   40,314     GBP0.00 
        -   Price                                                           ----------  ------- 
 
                                                                 2. Sale Price(s)    Volume(s)  Total 
                                                                  GBP1.1053   19,016     GBP21,018.38 
                                                                             ----------  ------------ 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   2020-06-23 
     --------------------------------------------------------  ------------------------------------------------------- 
 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          Ordinary 25p shares 
      instrument                                                 ISIN: GB0031274896 
      Identification code 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 1. Exercise of 40,314 shares from the 2017 Deferred 
                                                                Share Bonus Plan. 
                                                                2. Subsequent sale of 19,015 shares acquired under the 
                                                                DSBP award to cover the tax and NI 
                                                                liability, with 21,299 shares retained. 
     --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                    1. Exercise Price(s)    Volume(s) 
                                                                  Nil cost    40,314 
                                                                             ---------- 
 
                                                                 2. Sale Price(s)    Volume(s) 
                                                                  GBP1.104    19,015 
                                                                             ---------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information -   Aggregated volume              1. Exercise Price(s)   Volume(s)  Total 
                                                                  Nil cost   40,314     GBP0.00 
        -   Price                                                           ----------  ------- 
 
                                                                 2. Sale Price(s)   Volume(s)  Total 
                                                                  GBP1.104   19,015     GBP20,992.56 
                                                                            ----------  ------------ 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   2020-06-23 
     --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  London Stock Exchange, Main Market (XLON) 
     --------------------------------------------------------  ------------------------------------------------------- 
 
   3.    Restricted Share Plan 
 
 1    Details of the person discharging managerial responsibilities/person closely associated 
 a)   Name                                                      S Machin 
     --------------------------------------------------------  ------------------------------------------------------- 
 2    Reason for the notification 
     ----------------------------------------------------------------------------------------------------------------- 
 a)   Position/status                                           PDMR (Food Managing 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          Ordinary 25p shares 
      instrument                                                 ISIN: GB0031274896 
      Identification code 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 1. Exercise of 39,452 shares from a 2018 award under 
                                                                the Restricted Share Plan. 
                                                                2. Subsequent sale of 18,609 shares acquired under the 
                                                                RSP award to cover the tax and NI liability, 
                                                                with 20,843 shares retained. 
     --------------------------------------------------------  ------------------------------------------------------- 
 c)   Price(s) and volume(s)                                    1. Exercise Price(s)    Volume(s) 
                                                                  Nil cost    39,452 
                                                                             ---------- 
 
                                                                 2. Sale Price(s)     Volume(s) 
                                                                  GBP1.0988    18,609 
                                                                              ---------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information -   Aggregated volume              1. Exercise Price(s)   Volume(s)  Total 
                                                                  Nil cost   39,452     GBP0.00 
        -   Price                                                           ----------  ------- 
 
                                                                 2. Sale Price(s)    Volume(s)  Total 
                                                                  GBP1.0988   18,609     GBP20,447.56 
                                                                             ----------  ------------ 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   2020-06-23 
     --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  London Stock Exchange, Main Market (XLON) 
     --------------------------------------------------------  ------------------------------------------------------- 
 

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END

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June 23, 2020 13:11 ET (17:11 GMT)

Grafico Azioni Marks And Spencer (LSE:MKS)
Storico
Da Dic 2020 a Gen 2021 Clicca qui per i Grafici di Marks And Spencer
Grafico Azioni Marks And Spencer (LSE:MKS)
Storico
Da Gen 2020 a Gen 2021 Clicca qui per i Grafici di Marks And Spencer