NXT Next Plc

TIDMNXT

RNS Number : 5555B

Next PLC

04 April 2017

Next plc ("Next" and the "Company")

Ordinary Shares of 10 pence each ("Shares")

For immediate release

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility ("PDMR") and Connected Persons

The following notification is made under article 19 of the Market Abuse Regulation ("MAR").

On 3 April 2017 certain directors/ PDMRs acquired a number of Shares each in the Company following an exercise of share options under the April 2013-2016 Share Matching Plan ("SMP").

This announcement is made in accordance with Article 19.3 of MAR.

 
 Name of Director      Number of Shares acquired 
                        * 
--------------------  -------------------------- 
 Lord Simon Wolfson    4,878 
--------------------  -------------------------- 
 Michael Law           1,308 
--------------------  -------------------------- 
 Jane Shields          1,306 
--------------------  -------------------------- 
 

* This share award is after settlement of income tax and employees national insurance contributions.

 
 1.   Details of Director/PDMR 
---  -------------------------------------------------------------- 
 a)   Name                        1. Lord Wolfson of Aspley Guise 
                                   2. Michael Law 
                                   3. Jane Shields 
---  ---------------------  --------------------------------------- 
 b)   Position                    1. Chief Executive Officer 
       / status                    2. Group Operations Director 
                                   3. Group Sales and Marketing 
                                   Director 
---  ---------------------  --------------------------------------- 
 c)   Initial notification   Initial notification 
       / amendment 
---  ---------------------  --------------------------------------- 
 2.   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            Ordinary shares of GBP0.10 each 
       of the financial       GB0032089863 
       instrument 
---  ---------------------  --------------------------------------- 
 b)   Nature of                   Exercise of Share award under 
       the transaction             a Next plc SMP. Number of shares 
                                   as follows: 
                                   1. Lord Wolfson of Aspley Guise 
                                   - 4,878 
                                   2. Michael Law - 1,308 
                                   3. Jane Shields - 1,306 
---  ---------------------  --------------------------------------- 
 c)   Price(s)               Closing price as at 3 April 
       and volume(s)          2017 - GBP41.66 
---  ---------------------  --------------------------------------- 
 d)   Aggregated             N/A 
       information 
---  ---------------------  --------------------------------------- 
 e)   Date of the            3 April 2017 
       transaction 
---  ---------------------  --------------------------------------- 
 f)   Place of               N/A 
       transaction 
---  ---------------------  --------------------------------------- 
 

Seonna Anderson

Company Secretary

This information is provided by RNS

The company news service from the London Stock Exchange

END

DSHLLFVFSEISIID

(END) Dow Jones Newswires

April 04, 2017 08:36 ET (12:36 GMT)

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