Next PLC Director/PDMR Shareholding (7305U)

TIDMNXT

RNS Number : 7305U

Next PLC

07 April 2021

7 April 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 Market Abuse Regulation. On 7 April 2021 the following PDMRs acquired shares in NEXT as part of a vesting of share awards under the March 2018-2021 Next Long Term Incentive Plan (the "LTIP") as set out below. The shares acquired by Lord Wolfson, Mrs James and Mrs Shields must be held for a minimum period of 2 years and the shares acquired by Mr Papp must be retained for a minimum period of 6 months (as the LTIP was granted to Mr Papp prior to him being appointed an executive director).

 
                                 Number of shares 
                                  acquired * 
 Lord Wolfson of Aspley Guise               9,686 
                                ----------------- 
 Amanda James                               5,212 
                                ----------------- 
 Richard Papp                               5,212 
                                ----------------- 
 Jane Shields                               5,212 
                                ----------------- 
 

* 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 Merchandise and Operations 
                                                 Director (PDMR) 
                                                 4. Group Sales and Marketing 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                       Ordinary shares of GBP0.10 each 
        financial instrument, 
        type of instrument 
 
       Identification code                      GB0032089863 
 
 b)    Nature of the transaction                     Acquisition of shares at nol cost 
                                                      as part of the vesting of a share 
                                                      award under a NEXT plc LTIP. Number 
                                                      of shares as follows: 
                                                      1. Lord Wolfson of Aspley Guise - 
                                                      9,686 
                                                      2. Amanda James - 5,212 
                                                      3. Richard Papp - 5,212 
                                                      4. Jane Shields - 5,212 
      ---------------------------------------  ------------------------------------------------ 
 c)    Price(s) and volume(s) 
                                                ----------------------  --------------------- 
                                                       Price(s)               Volume(s) 
                                                ----------------------  --------------------- 
  Lord Wolfson of Aspley 
   Guise                                                Nil                     9,686 
                                            --------------------------  --------------------- 
  Amanda James                                          Nil                     5,212 
                                            --------------------------  --------------------- 
  Richard Papp                                          Nil                     5,212 
                                            --------------------------  --------------------- 
  Jane Shields                                          Nil                     5,212 
                                            --------------------------  --------------------- 
 
 d)    Aggregated information 
  - Aggregated volume                      n/a single transactions 
  - Price                                  n/a 
 e)    Date of the transaction                  7 April 2021 
 f)    Place of the transaction                 Outside a trading venue 
      ---------------------------------------  ------------------------------------------------ 
 

Seonna Anderson

Company Secretary

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April 07, 2021 11:37 ET (15:37 GMT)