TIDMNXT

RNS Number : 6477Q

Next PLC

29 October 2021

29 October 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 UK Market Abuse Regulation. On 28 October 2021 the following share options were granted to certain directors/ PDMRs under the Next plc 2020 Sharesave Plan. The exercise price of GBP64.53 was set in accordance with HMRC rules for sharesave plans.

Amanda James and Richard Papp have each elected for a plan term of 3 years. Jane Shields has elected for a plan term of 5 years. The sharesave contracts will commence on 1 December 2021 and, subject to the rules of the plan, the options will be exercisable for the period of 6 months following the maturity date of 1 December 2024 and 1 December 2026 respectively.

 
 1    Details of the person discharging managerial responsibilities 
       ("PDMR") / person closely associated ("PCA") 
 a)   Name                          1. Amanda James 
                                     2. Jane Shields 
 
                                     3. Richard Papp 
     -----------------------  -------------------------------------------- 
 2    Reason for the notification 
     --------------------------------------------------------------------- 
 a)   Position/status               1. Group Finance Director (PDMR) 
                                     2. Group Sales and Marketing Director 
                                     (PDMR) 
                                     3. Group Merchandise and Operations 
                                     Director (PDMR) 
     -----------------------  -------------------------------------------- 
 b)   Initial notification     Initial notification 
       /Amendment 
     -----------------------  -------------------------------------------- 
 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       Sharesave options over ordinary shares 
       financial instrument,    of GBP0.10 each 
       type of instrument 
 
      Identification code      GB0032089863 
     -----------------------  -------------------------------------------- 
 
 
 b)    Nature of the transaction         Grant of options under the Next plc 
                                          2020 Sharesave Plan over the following 
                                          number of Shares: 
                                          1. Amanda James - 38 
                                          2. Jane Shields - 41 
                                          3. Richard Papp - 139 
 c)    Price(s) and volume(s) 
                                    -----------------------  ----------------------- 
                                     Price(s)                 Volume(s) 
                                    -----------------------  ----------------------- 
  Amanda James                   GBP64.53                                         38 
                                ---------------------------  ----------------------- 
  Jane Shields                   GBP64.53                                         41 
                                ---------------------------  ----------------------- 
  Richard Papp                   GBP64.53                                        139 
                                ---------------------------  ----------------------- 
 
 d)    Aggregated information 
 
  - Aggregated volume          n/a 
  - Price                      n/a 
 
 e)    Date of the transaction      28 October 2021 
      ---------------------------  --------------------------------------------------- 
 f)    Place of the transaction     Outside a trading venue 
      ---------------------------  --------------------------------------------------- 
 

Seonna Anderson

Company Secretary

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END

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