Marks & Spencer Group PLC

Director's Dealing • Aug 14, 2020

National Storage Mechanism | Additional information

RNS Number : 2222W

Marks & Spencer Group PLC

14 August 2020

Director/PDMR Shareholding

Marks and Spencer Group plc (the 'Company') announces that on 14 August 2020 it was notified of the following transactions in the Company's Ordinary 25p shares undertaken by director / persons discharging managerial responsibility ('PDMRs'):

1.    Performance Share Plan

Exercise of awards granted on 14 August 2017 under the Company's Performance Share Plan ('PSP'), of which 11.2% vested as disclosed in the Company's 2019/20 Annual Report and Accounts, and subsequent sale of shares to satisfy the tax and National Insurance liabilities arising as set out below.

PDMR	Shares exercised on 14 August 2020	Shares sold to cover tax and NI	Shares retained by individual
S Rowe	71,504	33,726	37,778
S Berendji	25,310	11,939	13,371
P Friston	25,310	11,939	13,371

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.

1.    Performance Share Plan

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

S Rowe

2

Reason for the notification

a)

Position/status

PDMR (Chief Executive Officer)

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Marks and Spencer Group plc

b)

LEI

213800EJP14A79ZG1X44

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 financial instrument, type of instrument

Identification code

Ordinary 25p shares

ISIN: GB0031274896

b)

Nature of the transaction

1.    Exercise of 71,504 shares from the Performance Share Plan.

2.    Subsequent sale of 33,726 shares acquired under the PSP award to cover the tax and NI liability, with 37,778 shares retained.

c)

Price(s) and volume(s)

1.    Exercise

Price(s)	Volume(s)
Nil cost	71,504

2.    Sale

Price(s)	Volume(s)
£1.113	33,726

d)

Aggregated information

-	Aggregated volume

-	Price

1.    Exercise

Price(s)	Volume(s)	Total
Nil cost	71,504	£0.00

2.    Sale

Price(s)	Volume(s)	Total
£1.113	33,726	£37,537.04

e)

Date of the transaction

2020-08-14

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

S Berendji

2

Reason for the notification

a)

Position/status

PDMR (Retail, Operations & Property Director)

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Marks and Spencer Group plc

b)

LEI

213800EJP14A79ZG1X44

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 financial instrument, type of instrument

Identification code

Ordinary 25p shares

ISIN: GB0031274896

b)

Nature of the transaction

1.    Exercise of 25,310 shares from the Performance Share Plan.

2.    Subsequent sale of 11,939 shares acquired under the PSP award to cover the tax and NI liability, with 13,371 shares retained.

c)

Price(s) and volume(s)

1.    Exercise

Price(s)	Volume(s)
Nil cost	25,310

2.    Sale

Price(s)	Volume(s)
£1.113	11,939

d)

Aggregated information

-	Aggregated volume

-	Price

1.    Exercise

Price(s)	Volume(s)	Total
Nil cost	25,310	£0.00

2.    Sale

Price(s)	Volume(s)	Total
£1.113	11,939	£13,288.11

e)

Date of the transaction

2020-08-14

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

P Friston

2

Reason for the notification

a)

Position/status

PDMR (International Director)

b)

Initial notification/Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Marks and Spencer Group plc

b)

LEI

213800EJP14A79ZG1X44

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 financial instrument, type of instrument

Identification code

Ordinary 25p shares

ISIN: GB0031274896

b)

Nature of the transaction

1.    Exercise of 25,310 shares from the Performance Share Plan.

2.    Subsequent sale of 11,939 shares acquired under the PSP award to cover the tax and NI liability, with 13,371 shares retained.

c)

Price(s) and volume(s)

1.    Exercise

Price(s)	Volume(s)
Nil cost	25,310

2.    Sale

Price(s)	Volume(s)
£1.113	11,939

d)

Aggregated information

-	Aggregated volume

-	Price

1.    Exercise

Price(s)	Volume(s)	Total
Nil cost	25,310	£0.00

2.    Sale

Price(s)	Volume(s)	Total
£1.113	11,939	£13,288.11

e)

Date of the transaction

2020-08-14

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

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