Next PLC Director/PDMR Shareholding (8049A)

TIDMNXT

RNS Number : 8049A

Next PLC

28 March 2017

Next plc ("Next" and the "Company")

Ordinary Shares of 10 pence each ("Shares")

For immediate release

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility ("PDMR") and Connected Persons

The following notification is made under article 19 of the Market Abuse Regulation ("MAR").

On 27 March 2017 certain directors/ PDMRs acquired a number of Shares each in the Company as part of a vesting of share awards under the March 2014-2017 Long Term Incentive Plan ("LTIP").

This announcement is made in accordance with Article 19.3 of MAR.

 
 Name of Director      Number of shares acquired 
                        * 
--------------------  -------------------------- 
 Lord Simon Wolfson    1,397 
--------------------  -------------------------- 
 Amanda James          248 
--------------------  -------------------------- 
 Michael Law           575 
--------------------  -------------------------- 
 Jane Shields          575 
--------------------  -------------------------- 
 

* These share awards are after settlement of income tax and employees national insurance contributions. These shares must be retained for a minimum period of two years from 27 March 2017.

 
 1.   Details of Director/PDMR 
---  --------------------------------------------------------------- 
 a)   Name                   1. Lord Wolfson of Aspley Guise 
                              2. Amanda James 
                              3. Michael Law 
                              4. Jane Shields 
---  ---------------------  ---------------------------------------- 
 b)   Position               1. Chief Executive 
       / status               2. Group Finance Director 
                              3. Group Operations Director 
                              4. Group Sales and Marketing 
                              Director 
---  ---------------------  ---------------------------------------- 
 c)   Initial notification   Initial notification 
       / amendment 
---  ---------------------  ---------------------------------------- 
 2.   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            Ordinary shares of GBP0.10 each 
       of the financial       GB0032089863 
       instrument 
---  ---------------------  ---------------------------------------- 
 b)   Nature of                   Vesting of Share award under 
       the transaction             a Next plc LTIP. Number of Shares 
                                   as follows: 
                                   1. Lord Wolfson of Aspley Guise 
                                   - 1,397 
                                   2. Amanda James - 248 
                                   3. Michael Law - 575 
                                   4. Jane Shields - 575 
---  ---------------------  ---------------------------------------- 
 c)   Price(s)               Closing price as at 27 March 
       and volume(s)          2017: GBP42.32 
---  ---------------------  ---------------------------------------- 
 d)   Aggregated             N/A 
       information 
---  ---------------------  ---------------------------------------- 
 e)   Date of the            27 March 2017 
       transaction 
---  ---------------------  ---------------------------------------- 
 f)   Place of               N/A 
       transaction 
---  ---------------------  ---------------------------------------- 
 

Seonna Anderson

Company Secretary

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 28, 2017 12:05 ET (16:05 GMT)