Marks & Spencer Regulatory News (MKS)

28 July 2015

This amendment has been made to the Director/PDMR Shareholding announcement released on 24 July 2015 at 16:31 under RNS No 0798U.

The announcement below has been amended to correct the total shareholding for Helen Weir under item 2.

All other details remain unchanged.

The full amended text is shown below.

Marks and Spencer Group Plc (the 'Company') Notification of Transactions Of Directors/Persons Discharging Managerial Responsibility

1. Performance Share PlanIt was confirmed today that the following awards under the Marks and Spencer Group Performance Share Plan were made to PDMRs of the Company:

Note: This award was granted as a nil cost option, where a participant will normally be entitled to exercise their award and receive free shares between the third and tenth anniversary of grant, subject to the extent to which performance conditions have been satisfied and their continuing employment 1. The vesting of the award will depend on the Company's Earnings Per Share (EPS), Return On Capital Employed (ROCE) and Revenue performance over a fixed three-year performance period starting on the first day of the financial year in which the award was granted. The value of dividends accrued, in the form of dividend equivalents, will be paid at the end of period (third anniversary) based on the number of vested shares. No consideration was paid for the grant of the award. No price is payable on the exercise of the award. For the purposes of this award, the grant was made at a share price of £5.334.

1 Patrick Bousquet-Chavanne's award is structured as conditional shares which vest on the third anniversary of grant.

2. Shareholdings of PDMRs

The above holdings are at 24 July 2015, being the date of this announcement, and include holdings for Connected Persons.

The above information has been disclosed under DTR 3.1.4.

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