Last checked at 
14 Aug 2020 14:00
Director/PDMR Shareholding
Marks and Spencer Group plc (the 'Company') announces that on 14 August 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 awards granted on 14 August 2017 under the Company's Performance Share Plan ('PSP'), of which 11.2% vested as disclosed in the Company's 2019/20 Annual Report and Accounts, and subsequent sale of shares to satisfy the tax and National Insurance liabilities arising as set out below.
PDMR
| Shares exercised on 14 August 2020 | Shares sold to cover tax and NI | Shares retained by individual |
S Rowe | 71,504 | 33,726 | 37,778 |
S Berendji | 25,310 | 11,939 | 13,371 |
P Friston | 25,310 | 11,939 | 13,371 |
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 instrument Identification code | Ordinary 25p shares
ISIN: GB0031274896 | ||||||||||||||||
b) | Nature of the transaction | 1. Exercise of 71,504 shares from the Performance Share Plan. 2. Subsequent sale of 33,726 shares acquired under the PSP award to cover the tax and NI liability, with 37,778 shares retained. | ||||||||||||||||
c) | Price(s) and volume(s) | 1. Exercise
2. Sale
| ||||||||||||||||
d) | Aggregated information
| 1. Exercise
2. Sale
| ||||||||||||||||
e) | Date of the transaction | 2020-08-14 | ||||||||||||||||
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 instrument Identification code | Ordinary 25p shares
ISIN: GB0031274896 | ||||||||||||||||
b) | Nature of the transaction | 1. Exercise of 25,310 shares from the Performance Share Plan. 2. Subsequent sale of 11,939 shares acquired under the PSP award to cover the tax and NI liability, with 13,371 shares retained. | ||||||||||||||||
c) | Price(s) and volume(s) | 1. Exercise
2. Sale
| ||||||||||||||||
d) | Aggregated information
| 1. Exercise
2. Sale
| ||||||||||||||||
e) | Date of the transaction | 2020-08-14 | ||||||||||||||||
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 instrument Identification code | Ordinary 25p shares
ISIN: GB0031274896 | ||||||||||||||||
b) | Nature of the transaction | 1. Exercise of 25,310 shares from the Performance Share Plan. 2. Subsequent sale of 11,939 shares acquired under the PSP award to cover the tax and NI liability, with 13,371 shares retained. | ||||||||||||||||
c) | Price(s) and volume(s) | 1. Exercise
2. Sale
| ||||||||||||||||
d) | Aggregated information
| 1. Exercise
2. Sale
| ||||||||||||||||
e) | Date of the transaction | 2020-08-14 | ||||||||||||||||
f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||||||||||||||
