Brown Group Regulatory News (BWNG)

1.

Name of the issuer

2.

State whether the notification relates to (i) a

transaction notified in accordance with DTR 3.1.2 R, 

(ii) a disclosure made in accordance 

LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006).

N BROWN GROUP PLC

 (i) and (ii)

3.

Name of person discharging managerial

responsibilities/director

4.

State whether notification relates to a person

connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

ANGELA SPINDLER

N/A

5

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non beneficial interest

6.

Description of shares (including class), debentures or derivatives or financial instruments relating to shares

Notification in respect of person named in 3 above.

11 1/19P ORDINARY SHARES

7.

Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

N/A 

8.

State the nature of the transaction

GRANT OF NIL COST OPTION MADE IN ACCORDANCE WITH THE N BROWN GROUP PLC 2014 LONG TERM INCENTIVE PLAN

9.

Number of shares, debentures or financial

instruments relating to shares acquired

N/A

10.

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

N/A

11.

Number of shares, debentures or financial

instruments relating to shares disposed

12.

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

N/A

 N/A

13.

Price per share or value of transaction

 N/A

14.

Date and place of transaction

N/A 

15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

16.

Date issuer informed of transaction

 1 August 2014

 17.

Date of Award

 1 August 2014

18.

Period during which or date on which exercisable

The vesting of the award is subject to the satisfaction of performance conditions set by the Remuneration Committee of the Company. The awards will normally vest on the later of the third anniversary of grant and the determination of the performance conditions, and will then normally remain exercisable until the day before the tenth anniversary of the date of grant, provided the individual remains an employee or officer of the Company's group. 

19.

Total amount paid (if any) for grant of the option

NIL

20.

Description of shares or debentures involved (class and number)

185,198

11 1/19P ORDINARY SHARES 

21.

Exercise price (if fixed at time of grant) or

indication that price is to be fixed at the time of exercise

 NIL COST

22.

Total number of shares or debentures over which options held following notification

667,539

23.

Any additional information

24.

Name of contact and telephone number for queries

N/A

PETER TYNAN0161 238 2299

Name of authorised official of issuer responsible for making notification

Peter Tynan, N Brown Group plc

Date of notification 4 August 2014

(1)

An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2)

An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3)

An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4)

An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.