Source - LSE Regulatory
RNS Number : 6477Q
Next PLC
29 October 2021
 

29 October 2021

NEXT plc

Notification of Transactions by Person Discharging Managerial Responsibility and Person Closely Associated with Them

The following notification is made under article 19 of the UK Market Abuse Regulation. On 28 October 2021 the following share options were granted to certain directors/ PDMRs under the Next plc 2020 Sharesave Plan. The exercise price of £64.53 was set in accordance with HMRC rules for sharesave plans.

Amanda James and Richard Papp have each elected for a plan term of 3 years. Jane Shields has elected for a plan term of 5 years. The sharesave contracts will commence on 1 December 2021 and, subject to the rules of the plan, the options will be exercisable for the period of 6 months following the maturity date of 1 December 2024 and 1 December 2026 respectively. 

1

 

Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA")

 

a)

 

Name

 

1.    Amanda James

2.    Jane Shields

 

3.    Richard Papp

2

 

Reason for the notification

a)

 

Position/status

 

1.    Group Finance Director (PDMR)

2.    Group Sales and Marketing Director (PDMR)

 

3.    Group Merchandise and Operations Director (PDMR)

 

b)

 

Initial notification /Amendment

 

Initial notification

3

 

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

a)

 

Name

 

Next plc

b)

 

LEI

 

213800WQD8ECPZP9PH98

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

Sharesave options over ordinary shares of £0.10 each

 

 

Identification code

GB0032089863

 

 

b)

 

Nature of the transaction

 

 

Grant of options under the Next plc 2020 Sharesave Plan over the following number of Shares:

1.    Amanda James - 38

2.    Jane Shields - 41

3.    Richard Papp - 139

c)

 

Price(s) and volume(s)

 

 

 

 

 

 

Price(s)

Volume(s)

 

Amanda James

 

£64.53

38

 

Jane Shields

 

£64.53

41

 

Richard Papp

 

£64.53

139

 

 

 

 

 

 

d)

 

Aggregated information

 

 

 

- Aggregated volume

n/a

- Price

n/a

 

 

e)

 

Date of the transaction

 

28 October 2021

f)

 

Place of the transaction

 

Outside a trading venue

 

Seonna Anderson

Company Secretary

 

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END
 
 
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