Marks & Spencer Group PLC

Director's Dealing • Jun 10, 2014

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RNS Number : 3137J

Marks & Spencer Group PLC

10 June 2014

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

This form is intended for use by an issuer to make a RIS notification required by DR 3.1.4R(1).

(1)	An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.
(2)	An issuer making a notification in respect of a derivative relating to the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.
(3)	An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.
(4)	An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

Please complete all relevant boxes in block capital letters.

1. Name of the issuer

MARKS AND SPENCER GROUP PLC

2. State whether the notification relates to

(i) a transaction notified in accordance with DR 3.1.4R(1)(a); or

(ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 793 of the Companies Act 2006; or

(iii) both (i) and (ii)

DISCLOSURE RELATES TO POINT (i)

3. Name of person discharging managerial responsibilities/director

STEVE ROWE

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

N/A

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

DISCLOSURE RELATES TO POINT 3

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

ORDINARY 25p SHARES

7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

DEFERRED SHARE BONUS PLAN SHARES TRANSFERRED INTO NAME OF STEVE ROWE

EXECUTIVE SHARE OPTIONS TRANSFERRED INTO NAME OF PERSHING NOMINEES LIMITED

(SEE NUMBER 9 BELOW FOR NUMBER OF SHARES)

8 State the nature of the transaction

EXERCISE OF 41,844 OPTIONS (WHICH VESTED ON 8 JUNE 2014) FROM THE 2011 DEFERRED SHARE BONUS PLAN (DSBP) AWARD, AND SUBSEQUENT SALE TO COVER TAX AND NI LIABILITY.

EXERCISE OF 31,699 EXECUTIVE SHARE OPTIONS (ESO), AWARDED IN JULY 2004 AND SUBSEQUENT SALE OF SHARES TO COVER THE COST OF THE OPTION (£3.47 PER SHARE) THE TAX AND THE NI LIABILITY

9. Number of shares, debentures or financial instruments relating to shares acquired

NAME	AWARD TYPE	NO. OF OPTIONS EXERCISED	NUMBER OF SHARES SOLD	PRICE	TOTAL SHAREHOLDING FOLLOWING TRANSACTION
STEVE ROWE	DSBP	41,844	19,735	453.2p	261,724
ESO	31,699	26,907	453.2p

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

DE MINIMIS

11. Number of shares, debentures or financial instruments relating to shares disposed

SEE 9 ABOVE

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) 

N/A

13. Price per share or value of transaction

SEE 9 ABOVE

14. Date and place of transaction

10 JUNE 2014, LONDON

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

SEE 9 ABOVE

16. Date issuer informed of transaction

10 JUNE 2014

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17 Date of grant

………………………………

18. Period during which or date on which it can be exercised

………………………………

19. Total amount paid (if any) for grant of the option

………………………………

20. Description of shares or debentures involved (class and number)

………………………………

………………………………

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

………………………………

22. Total number of shares or debentures over which options held following notification

………………………………

23. Any additional information

24. Name of contact and telephone number for queries

PAUL ROLLING

020 8718 1969

Name and signature of duly authorised officer of issuer responsible for making notification

PAUL ROLLING

Date of notification

10 JUNE 2014

END

This information is provided by RNS

The company news service from the London Stock Exchange

END

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