Marks & Spencer Group PLC Director/PDMR Shareholding (5712W)
December 11 2019 - 10:45AM
UK Regulatory
TIDMMKS
RNS Number : 5712W
Marks & Spencer Group PLC
11 December 2019
Director/PDMR Shareholding
Marks and Spencer Group plc (the 'Company') announces that it
has been notified of the following transactions in the Company's
Ordinary 25p shares undertaken by directors / persons discharging
managerial responsibility ('PDMRs').
On 10 December 2019, the following directors/PDMRs were granted
options to buy ordinary shares in the Company ('shares') at an
option price of GBP1.51 per share under the terms of the Marks and
Spencer Group plc Sharesave scheme.
Name Savings Term Number of shares
over which option
granted at GBP1.51
Steve Rowe 3 years 5,960
-------------- --------------------
Sacha Berendji 3 years 5,960
-------------- --------------------
Paul Friston 3 years 5,960
-------------- --------------------
Please note: The Sharesave scheme is an all employee HMRC
approved Save As You Earn Scheme. Marks and Spencer employees can
save an amount up to a maximum of GBP250 per month, either in one
scheme or across a number of schemes, over a period of three years.
At the end of the period the amount saved can be used to buy Shares
at a price set at the start of the relevant scheme saving period.
Employees can withdraw their participation at any time and have
their money returned to them. The options to buy Shares are
normally exercisable for 6 months from the end of the savings
term.
The relevant notifications set out below are provided in
accordance with the requirements of Article 19 of the EU Market
Abuse Regulation.
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Steve Rowe
-------------------------------------------------------- -------------------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------------------------------------
a) Position/status PDMR (Chief Executive)
-------------------------------------------------------- -------------------------------------------------------
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 Ordinary 25p shares
instrument ISIN: GB0031274896
Identification code
-------------------------------------------------------- -------------------------------------------------------
b) Nature of the transaction Award of options pursuant to the Marks and Spencer
Group plc Sharesave Scheme
-------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP1.51 5,960
----------
-------------------------------------------------------- -------------------------------------------------------
d) Aggregated information - Aggregated volume n/a (single transaction)
- Price
-------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction 2019-12-10
-------------------------------------------------------- -------------------------------------------------------
f) Place of the transaction Grant of the options occurred outside a trading venue
-------------------------------------------------------- -------------------------------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Sacha 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 Ordinary 25p shares
instrument ISIN: GB0031274896
Identification code
-------------------------------------------------------- -------------------------------------------------------
b) Nature of the transaction Award of options pursuant to the Marks and Spencer
Group plc Sharesave Scheme
-------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP1.51 5,960
----------
-------------------------------------------------------- -------------------------------------------------------
d) Aggregated information - Aggregated volume n/a (single transaction)
- Price
-------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction 2019-12-10
-------------------------------------------------------- -------------------------------------------------------
f) Place of the transaction Grant of the options occurred outside a trading venue
-------------------------------------------------------- -------------------------------------------------------
1 Details of the person discharging managerial responsibilities/person closely associated
a) Name Paul Friston
-------------------------------------------------------- -------------------------------------------------------
2 Reason for the notification
-----------------------------------------------------------------------------------------------------------------
a) Position/status PDMR (Director of International)
-------------------------------------------------------- -------------------------------------------------------
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 Ordinary 25p shares
instrument ISIN: GB0031274896
Identification code
-------------------------------------------------------- -------------------------------------------------------
b) Nature of the transaction Award of options pursuant to the Marks and Spencer
Group plc Sharesave Scheme
-------------------------------------------------------- -------------------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
GBP1.51 5,960
----------
-------------------------------------------------------- -------------------------------------------------------
d) Aggregated information - Aggregated volume n/a (single transaction)
- Price
-------------------------------------------------------- -------------------------------------------------------
e) Date of the transaction 2019-12-10
-------------------------------------------------------- -------------------------------------------------------
f) Place of the transaction Grant of the options occurred outside a trading venue
-------------------------------------------------------- -------------------------------------------------------
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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