NXG Nex Group

TIDMNXG

RNS Number : 5121Z

NEX Group PLC

15 December 2017

NEX Group plc (the Company)

Person discharging managerial responsibility (PDMR) shareholding

On 15 December 2017, the Company was notified that Michael Spencer, a PDMR, exercised 1,490 Sharesave options over ordinary shares of 17.5 pence each in the Company at an exercise price of GBP3.02.

Following the above transaction, the parties below have the following interests in NEX Group plc shares:

- Michael Spencer 3,731,090 ordinary shares (this includes shares held in the NEX Group Employee Share Trust) and 57,142 ordinary shares via a contract for difference;

- Mrs Sarah Spencer 53,000 ordinary shares;

- IPGL Limited 1,303,356 ordinary shares and 199,999 ordinary shares via a contract for difference;

- INCAP Finance BV 34,874,663 ordinary shares (9.184%); and

- INCAP Overseas BV 26,672,143 ordinary shares (7.024%).

Michael Spencer owns a majority shareholding in IPGL (Holdings) Limited and is deemed to be interested in all the shares in NEX Group plc held by IPGL Limited, INCAP Finance BV and INCAP Overseas BV, which are wholly owned subsidiaries of IPGL (Holdings) Limited.

Michael Spencer has a total interest in 66,891,393 NEX Group plc shares, 17.615% based on total voting rights of 379,735,432 (prior to this transaction it was 17.614%).

NEX Group plc

15 December 2017

Contact:

   Victoria Mellor       Group Head of Marketing and Communications   Tel: +44 20 7029 9074 

Alex Dee Head of Investor Relations Tel: + 44 20 7050 7420

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

December 15, 2017 06:09 ET (11:09 GMT)

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