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1 Apr 2026 16:26
1 April 2026
NEXT plc
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with Them
The following notification is made in accordance with the UK Market Abuse Regulation.
On 31 March 2026, the following PDMRs and a PCA acquired shares in NEXT plc as part of a vesting of share awards under the March 2023-2026 Next Long Term Incentive Plan (the "LTIP") as set out below.
Number of shares acquired* | |
Lord Wolfson of Aspley Guise | 10,148 |
Richard Papp | 5,990 |
Jane Shields | 5,990 |
Jeremy Stakol | 5,363 |
Marcelle Stakol (PCA) | 1,305 |
* The number of shares released includes additional shares calculated to reflect dividends declared during the period from grant until vesting, in accordance with the LTIP rules. The share awards are after settlement of income tax and employee's national insurance contributions
1
| Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA")
| ||||
a)
| Name
| 1. Lord Wolfson of Aspley Guise 2. Richard Papp 3. Jane Shields 4. Jeremy Stakol 5. Marcelle Stakol | |||
2 | Reason for the notification | ||||
a)
| Position/status
| 1. Chief Executive (PDMR) 2. Group Merchandise and Operations Director (PDMR) 3. Group Sales, Marketing and HR Director (PDMR) 4. Group Investments, Acquisitions and Third Party Brands Director (PDMR) 5. Brand Director (PCA with Jeremy Stakol)
| |||
b) | Initial notification /Amendment | Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a)
| Name | NEXT plc | |||
b) | LEI | 213800WQD8ECPZP9PH98 | |||
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 | Ordinary shares of £0.10 each | |||
Identification code | GB0032089863 | ||||
b)
| Nature of the transaction
| Acquisition of shares at nil cost as part of the vesting of a share award under a NEXT plc LTIP. Number of shares as follows: 1. Lord Wolfson of Aspley Guise - 10,148 2. Richard Papp - 5,990 3. Jane Shields - 5,990 4. Jeremy Stakol - 5,363 5. Marcelle Stakol - 1,305
| |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Lord Wolfson of Aspley Guise | Nil | 10,148 | |||
Richard Papp | Nil | 5,990 | |||
Jane Shields | Nil | 5,990 | |||
Jeremy Stakol | Nil | 5,363 | |||
Marcelle Stakol | Nil | 1,305 | |||
d)
| Aggregated information | ||||
- Aggregated volume | n/a single transactions | ||||
- Price | n/a
| ||||
e)
| Date of the transaction
| 31 March 2026 | |||
f)
| Place of the transaction
| Outside a trading venue | |||
1
| Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA")
| ||||
a)
| Name
| Richard Papp | |||
2
| Reason for the notification | ||||
a)
| Position/status
| PDMR - Group Merchandise and Operations Director | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a)
| Name
| NEXT plc | |||
b)
| LEI
| 213800WQD8ECPZP9PH98 | |||
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 | Ordinary shares of £0.10 each | |||
Identification code | GB0032089863 | ||||
b)
| Nature of the transaction
| Transfer of ordinary shares to PCA | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Nil | 5.990 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | n/a single transaction | ||||
- Price | n/a | ||||
e)
| Date of the transaction
| 1 April 2026 | |||
f)
| Place of the transaction
| Outside a trading venue | |||
1
| Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA")
| ||||
a)
| Name
| Rebecca Papp | |||
2
| Reason for the notification | ||||
a)
| Position/status
| PCA with Richard Papp (PDMR) | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a)
| Name
| NEXT plc | |||
b)
| LEI
| 213800WQD8ECPZP9PH98 | |||
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 | Ordinary shares of £0.10 each | |||
Identification code | GB0032089863 | ||||
b)
| Nature of the transaction
| Acquisition of ordinary shares pursuant to transfer from spouse | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Nil | 5,990 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | n/a single transaction | ||||
- Price | n/a | ||||
e)
| Date of the transaction
| 1 April 2026 | |||
f)
| Place of the transaction | Outside a trading venue | |||
1
| Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA")
| ||||
a)
| Name | Marcelle Stakol (PCA)
| |||
2
| Reason for the notification | ||||
a)
| Position/status
| Brand Director (PCA with Jeremy Stakol, PDMR)
| |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a)
| Name
| NEXT plc | |||
b)
| LEI
| 213800WQD8ECPZP9PH98 | |||
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 | Ordinary shares of £0.10 each | |||
Identification code | GB0032089863 | ||||
b)
| Nature of the transaction | Transfer of ordinary shares to joint ownership with spouse (PDMR) | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Nil | 1,305 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | n/a single transaction | ||||
- Price | n/a | ||||
e)
| Date of the transaction
| 1 April 2026 | |||
f)
| Place of the transaction
| Outside a trading venue | |||
1
| Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA")
| ||||
a)
| Name | Jeremy Stakol (PDMR)
| |||
2
| Reason for the notification | ||||
a)
| Position/status
| PDMR - Group Investments, Acquisitions and Third Party Brands Director | |||
b)
| Initial notification /Amendment
| Initial notification | |||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a)
| Name
| NEXT plc | |||
b)
| LEI
| 213800WQD8ECPZP9PH98 | |||
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 | Ordinary shares of £0.10 each | |||
Identification code | GB0032089863 | ||||
b)
| Nature of the transaction | Acquisition of ordinary shares in joint ownership with spouse (PDMR) | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Nil | 1,305 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | n/a single transaction | ||||
- Price | n/a | ||||
e)
| Date of the transaction
| 1 April 2026 | |||
f)
| Place of the transaction
| Outside a trading venue | |||
H Woodall-Pagan
Company Secretary
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