Marks & Spencer Group PLC

Remuneration Information • Jun 24, 2014

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RNS Number : 4163K

Marks & Spencer Group PLC

24 June 2014

Marks and Spencer Group Plc (the 'Company') Notification of Transactions Of Directors/Persons Discharging Managerial Responsibility

1. Performance Share Plan

It was confirmed on 24 June 2014 that on 23 June 2014 the following awards under the Marks and Spencer Group Performance Share Plan were made to PDMRs of the Company:

Directors	Allocation of Performance Shares (See Note Below)
Marc Bolland	557,780
Patrick Bosquet-Chavanne 1	300,343
John Dixon	343,249
Steve Rowe	300,343
Alan Stewart	331,235
Laura Wade-Gery	315,789

Note: This award was granted as a nil cost option, where a participant will normally be entitled to exercise their award and receive free shares between the third and tenth anniversary of grant, subject to the extent to which performance conditions have been satisfied and their continuing employment 1. The vesting of the award will depend on the Company's earnings per share (EPS), return on capital (ROCE) and Revenue performance over a fixed three-year performance period starting on the first day of the financial year in which the award was granted. The value of dividends accrued, in the form of dividend equivalents, will be paid at the end of period (third anniversary) based on the number of vested Shares. No consideration was paid for the grant of the award. No price is payable on the exercise of the award. For the purposes of this award, the grant was made at a Share price of £4.37

1 Patrick Bosquet-Chavanne award is structured as conditional shares which vest on the third anniversary of grant.

3. Shareholdings of PDMRs

Directors	Total Holding of Ordinary Shares	Total Percentage Holding in the Company
Marc Bolland	498,111	De minimis
Patrick Bosquet-Chavanne	2,000	De minimis
John Dixon	276,399	De minimis
Steve Rowe	261,724	De minimis
Alan Stewart	51,622	De minimis
Laura Wade-Gery	118,324	De minimis

The above holdings are at 24 June 2014, being the date of this announcement, and include holdings for Connected Persons.

The above information has been disclosed under DTR 3.1.4

For Queries please contact:

Corporate PR +44 (0)20 8718 1919

This information is provided by RNS

The company news service from the London Stock Exchange

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