Director/PDMR Shareholding

Released : 4 Apr 2017 13:36

RNS Number : 5555B
Next PLC
04 April 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 3 April 2017 certain directors/ PDMRs acquired a number of Shares each in the Company following an exercise of share options under the April 2013-2016 Share Matching Plan ("SMP").

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

Name of Director

Number of Shares acquired *

Lord Simon Wolfson

4,878

Michael Law

1,308

Jane Shields

1,306

 

* This share award is after settlement of income tax and employees national insurance contributions.

 

1.

Details of Director/PDMR

a)

Name

1.    Lord Wolfson of Aspley Guise

2.    Michael Law

3.    Jane Shields

b)

Position / status

1.    Chief Executive Officer

2.    Group Operations Director

3.    Group Sales and Marketing Director

c)

Initial notification / amendment

Initial notification

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 of the financial instrument

Ordinary shares of £0.10 each

GB0032089863

 

b)

Nature of the transaction

Exercise of Share award under a Next plc SMP. Number of shares as follows:  

1.    Lord Wolfson of Aspley Guise - 4,878

2.    Michael Law - 1,308

3.    Jane Shields - 1,306    

c)

Price(s) and volume(s)

Closing price as at 3 April 2017 - £41.66

d)

Aggregated information

N/A

e)

Date of the transaction

3 April 2017

f)

Place of transaction

N/A

 

 

 

Seonna Anderson

Company Secretary

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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