Marks and Spencer Group PLC Director/PDMR Shareholding
06 December 2024 - 10:09PM
RNS Regulatory News
RNS Number : 1766P
Marks and Spencer Group PLC
06 December 2024
Director/PDMR
Shareholding
Marks and Spencer Group plc (the 'Company')
announces that on 5 December 2024 it was notified of the following
transactions in the Company's Ordinary 1p shares undertaken by
directors / persons discharging managerial responsibility
('PDMRs'):
The following individuals were granted options
to buy ordinary shares in the Company ('shares') at an option price
of £3.03 per share under the terms of the Marks and Spencer Group
plc Sharesave scheme.
|
Name
|
Savings Term
|
Number of shares over which option
granted at £3.03
|
|
S
Berendji
|
3 years
|
2,887
|
|
A
Freudmann
|
3 years
|
2,887
|
Please note:
The Sharesave
scheme is an all employee HMRC approved Save As You Earn
Scheme. Marks and Spencer employees can save an amount up to
a maximum of £500 per month, either in one scheme or across a
number of schemes, over a period of three years. At the end of the
period the amount saved can be used to buy Shares at a price set at
the start of the relevant scheme saving period. Employees can
withdraw their participation at any time and have their money
returned to them. The options to buy Shares are normally
exercisable for 6 months from the end of the savings
term.
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
|
S Berendji
|
|
2
|
Reason for the
notification
|
|
a)
|
Position/status
|
PDMR (Operations 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 1p shares
ISIN: GB0031274896
|
|
b)
|
Nature of the transaction
|
Grant of options pursuant to the Marks and
Spencer Group plc Sharesave Scheme
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
£3.03
|
2,887
|
|
|
d)
|
Aggregated information
|
n/a (single transaction)
|
|
e)
|
Date of the transaction
|
2024-12-05
|
|
f)
|
Place of the transaction
|
Grant of the options occurred outside
a trading venue
|
|
1
|
Details of the
person discharging managerial responsibilities/person closely
associated
|
|
a)
|
Name
|
A Freudmann
|
|
2
|
Reason for the
notification
|
|
a)
|
Position/status
|
PDMR (Managing Director of Food)
|
|
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
|
Grant of options pursuant to the Marks and
Spencer Group plc Sharesave Scheme
|
|
c)
|
Price(s) and volume(s)
|
|
Price(s)
|
Volume(s)
|
|
£3.03
|
2,887
|
|
|
d)
|
Aggregated information
|
n/a (single transaction)
|
|
e)
|
Date of the transaction
|
2024-12-05
|
|
f)
|
Place of the transaction
|
Grant of the options occurred outside
a trading venue
|
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