3 Oct 2018 15:01
Director/PDMR Shareholding
Marks and Spencer Group plc (the 'Company') announces that it has been notified of the following transactions in the Company's Ordinary 25p shares undertaken by directors / persons discharging managerial responsibility ('PDMRs').
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 | 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 instrument Identification code | Ordinary 25p shares
ISIN: GB0031274896 | |||||||||
b) | Nature of the transaction | Exercise of options from the 2015 Performance Share Plan (PSP) and 2015 Deferred Share Bonus Plan (DSBP) and sale of sufficient shares to cover the tax and NI liability, with the balance retained. | |||||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information (Volume, price) |
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e) | Date of the transaction | 2018-10-02 | |||||||||
f) | Place of the transaction | London Stock Exchange, Main Market (XLON) |