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Marks & Spencer Group PLC
Remuneration Information • Mar 25, 2025
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Remuneration Information
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National Storage Mechanism | Additional information 
RNS Number : 0964C
Marks and Spencer Group PLC
25 March 2025
Director/PDMR Shareholding
Marks and Spencer Group plc (the 'Company') announces that on 24 March 2025 it was notified of the following transactions in the Company's Ordinary 1p shares undertaken by directors / persons discharging managerial responsibility ('PDMRs'):
Alison Dolan has been granted the following awards under the Company's Restricted Share Plan ('RSP'). These awards compensate awards which were forfeited on resigning from her role at Rightmove plc.
| Number of shares | Vesting date |
| 239,588 | 7 July 2025 |
| 159,725 | 23 March 2026 |
| 237,996* | 5 July 2027 |
*This award is subject to the same performance conditions as the Marks and Spencer Group plc Performance Share Plan Award granted on 3 July 2024. More detail can be found in the 2024 Annual Report and available at corporate.marksandspencer.com.
The awards were granted as conditional share awards. The value of dividends accrued, in the form of dividend equivalents, will be paid at the point of vesting. No consideration was paid for the grant of the awards. The Company requires Alison Dolan to have an equity position equivalent to 200% of salary within 5 years of appointment. For the purposes of this award, the five-day average share price immediately preceding the date of grant of £3.299 was used.
The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulations.
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
A Dolan
2
Reason for the notification
a)
Position/status
PDMR (Incoming Chief Financial 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 1p shares
ISIN: GB0031274896
b)
Nature of the transaction
Award of conditional shares pursuant to the Marks and Spencer Group plc Restricted Share Plan
c)
Price(s) and volume(s)
| Price(s) | Volume(s) |
| Nil-cost | 637,309 |
d)
Aggregated information
| - | Aggregated volume |
| - | Price |
| Price(s) | Volume(s) | Total |
| Nil-cost | 637,309 | £0.00 |
e)
Date of the transaction
2025-03-24
f)
Place of the transaction
Grant of conditional shares occurred outside a trading venue
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