Next Regulatory News (NXT)

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 23 September 2019 certain directors/ PDMRs acquired a number of shares each in the Company as part of a vesting of share awards under the September 2016-2019 Long Term Incentive Plan ("LTIP").

Name of Director

Number of shares acquired *

Lord Wolfson of Aspley Guise

5,251

Amanda James

2,468

Richard Papp

2,825

Jane Shields

2,825

* 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 Merchandising 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 nil cost as part of the vesting of a share award under a Next plc LTIP. Number of shares acquired is as follows:

1. Lord Wolfson of Aspley Guise - 5,251

2. Amanda James -2,468

3. Richard Papp - 2,825

3 Jane Shields - 2,825

c)

Price(s) and volume(s)

Price(s)

Volume(s)

Lord Wolfson of Aspley Guise

nil

5,251

Amanda James

nil

2,468

Richard Papp

nil

2,825

Jane Shields

nil

2,825

d)

Aggregated information

- Aggregated volume

n/a - single transactions

- Price

n/a

e)

Date of the transaction

23 September 2019

f)

Place of the transaction

Outside a trading venue