Director/PDMR Shareholding
Marks and Spencer Group plc (the "Company") announces that it has been notified of the following transactions in the Company's ordinary 25p shares undertaken by directors / persons discharging managerial responsibility:
- Purchase by Patrick Bousquet-Chavanne (Executive Director, Customer, Marketing & M&S.com) of 2,000 ordinary 25p shares at a price of £3.360677 per share on 14 November 2016, and a further 2,700 ordinary 25p shares at a price of £3.41984 per share on 15 November 2016;
- Transfer by Andy Adcock (Director of Food) of 17,633 ordinary 25p shares to a closely associated person on 15 November 2016, for nil consideration;
- Exercise by Amanda Mellor (Group Secretary and Head of Corporate Governance) of 26,998 2013 Deferred Share Bonus Plan (DSBP) and 6,603 2013 Performance Share Plan (PSP) shares and subsequent sale of 15,849 shares to cover the tax and NI liability.
The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the EU Market Abuse Regulation.
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Patrick Bousquet-Chavanne | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | PDMR (Executive Director, Customer, Marketing & M&S.com) | ||||
| 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 | N/A | ||||
| 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 25p shares
ISIN: GB0031274896 | ||||
| b) | Nature of the transaction | Purchase of ordinary shares | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information
| n/a (single transaction) | ||||
| e) | Date of the transaction | 2016-11-14 | ||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Patrick Bousquet-Chavanne | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | PDMR (Executive Director, Customer, Marketing & M&S.com) | ||||
| 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 | N/A | ||||
| 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 25p shares
ISIN: GB0031274896 | ||||
| b) | Nature of the transaction | Purchase of ordinary shares | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information
| n/a (single transaction) | ||||
| e) | Date of the transaction | 2016-11-15 | ||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Andy Adcock | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | PDMR (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 | N/A | ||||
| 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 25p shares
ISIN: GB0031274896 | ||||
| b) | Nature of the transaction | Transfer of ordinary shares to his spouse, Mrs Amanda Adcock. | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information
| n/a (single transaction) | ||||
| e) | Date of the transaction | 2016-11-15 | ||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Amanda Mellor | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | PDMR (Group Secretary and Head of Corporate Governance) | ||||
| 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 | N/A | ||||
| 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 25p shares
ISIN: GB0031274896 | ||||
| b) | Nature of the transaction | Exercise of 26,998 2013 Deferred Share Bonus Plan (DSBP) and 6,603 2013 Performance Share Plan (PSP) shares. | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information
|
| ||||
| e) | Date of the transaction | 2016-11-15 | ||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
| a) | Name | Amanda Mellor | ||||
| 2 | Reason for the notification | |||||
| a) | Position/status | PDMR (Group Secretary and Head of Corporate Governance) | ||||
| 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 | N/A | ||||
| 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 25p shares
ISIN: GB0031274896 | ||||
| b) | Nature of the transaction | Sale of 15,849 shares to cover the tax and NI liability arising following exercise of 26,998 2013 Deferred Share Bonus Plan (DSBP) and 2013 6,603 Performance Share Plan (PSP) shares. | ||||
| c) | Price(s) and volume(s) |
| ||||
| d) | Aggregated information
| n/a (single transaction) | ||||
| e) | Date of the transaction | 2016-11-15 | ||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||