Next PLC Director/PDMR Shareholding (4379J)

TIDMNXT

RNS Number : 4379J

Next PLC

26 April 2022

26 April 2022

NEXT plc (the "Company")

Notification of Transactions by Person Discharging Managerial Responsibility and Person Closely Associated with Them

In accordance with the Company's Remuneration Policy and as most recently disclosed in the Annual Financial Report for the year ended January 2022 issued on 14 April 2022, any annual bonus payable to Lord Wolfson in excess of 100% of his base salary (and up to his maximum bonus of 150%) is payable in shares, deferred for a period of two years and subject to Lord Wolfson's continued employment in the NEXT Group.

Lord Wolfson's deferred bonus share entitlement for the year ended January 2022 was calculated and awarded on Tuesday 26 April 2022. Based on the closing price of NEXT plc shares on that date a deferred award of 6,938 shares was made.

The following notification is made in accordance with article 19 of the UK Market Abuse Regulation.

 
 1     Details of the person discharging managerial responsibilities 
        ("PDMR") / person closely associated ("PCA") 
 a)    Name                         Lord Wolfson of Aspley Guise 
      ---------------------------  ------------------------------------------------------- 
 2     Reason for the notification 
      ------------------------------------------------------------------------------------ 
 a)    Position/status              Chief Executive (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 
      ------------------------------------------------------------------------------------ 
 a)    Description of the           Ordinary shares of GBP0.10 each - conditional 
        financial instrument,        award 
        type of instrument 
 
       Identification code          GB0032089863 
 
 b)    Nature of the transaction    Conditional award of shares granted 
                                     under the NEXT plc Deferred Bonus Plan. 
      ---------------------------  ------------------------------------------------------- 
 c)    Price(s) and volume(s) 
                                         Price(s)             Volume 
    Nil                                                       6,938 
   -------------------                                       -------------------- 
 
 d)    Aggregated information 
  - Aggregated volume          n/a single transaction 
  - Price 
 e)    Date of the transaction      26 April 2022 
 f)    Place of the transaction     Outside a trading venue 
      ---------------------------  ------------------------------------------------------- 
 
 

Seonna Anderson

Company Secretary

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April 26, 2022 13:00 ET (17:00 GMT)