Last checked at 7 Apr 2021 16:37
7 April 2021
NEXT plc
Notification of Transactions by Person Discharging Managerial Responsibility and Person Closely Associated with Them
The following notification is made under article 19 of the Market Abuse Regulation. On 7 April 2021 the following PDMRs acquired shares in NEXT as part of a vesting of share awards under the March 2018-2021 Next Long Term Incentive Plan (the "LTIP") as set out below. The shares acquired by Lord Wolfson, Mrs James and Mrs Shields must be held for a minimum period of 2 years and the shares acquired by Mr Papp must be retained for a minimum period of 6 months (as the LTIP was granted to Mr Papp prior to him being appointed an executive director).
Number of shares acquired * | |
Lord Wolfson of Aspley Guise | 9,686 |
Amanda James | 5,212 |
Richard Papp | 5,212 |
Jane Shields | 5,212 |
* These share awards are after settlement of income tax and employees 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. Amanda James 3. Richard Papp 4. Jane Shields | |||
2
| Reason for the notification | ||||
a)
| Position/status
| 1. Chief Executive (PDMR) 2. Group Finance Director (PDMR) 3. Group Merchandise and Operations Director (PDMR) 4. Group Sales and Marketing Director (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 shares at nol 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 - 9,686 2. Amanda James - 5,212 3. Richard Papp - 5,212 4. Jane Shields - 5,212 | |||
c)
| Price(s) and volume(s) |
|
|
|
|
| Price(s) | Volume(s) |
| ||
Lord Wolfson of Aspley Guise |
| Nil | 9,686 |
| |
Amanda James |
| Nil | 5,212 |
| |
Richard Papp |
| Nil | 5,212 |
| |
Jane Shields |
| Nil | 5,212 |
| |
|
|
|
| ||
d)
| Aggregated information | ||||
- Aggregated volume | n/a single transactions | ||||
- Price | n/a
| ||||
e)
| Date of the transaction
| 7 April 2021 | |||
f)
| Place of the transaction
| Outside a trading venue | |||
Seonna Anderson
Company Secretary