Brown (N.) Group PLC Director/PDMR Shareholding (9046R)
July 08 2022 - 10:44AM
UK Regulatory
TIDMBWNG
RNS Number : 9046R
Brown (N.) Group PLC
08 July 2022
N Brown Group plc
(the "Company")
Director/PDMR Shareholding
The Company has been notified of a transaction which took place
on 7 July 2022 whereby security previously granted to Lloyds Bank
over 9,191,880 ordinary shares in the capital of the Company, owned
by Lord David Alliance of Manchester CBE, has been released and the
ordinary shares transferred back to Lord Alliance.
This transaction results in a reduction of the number of
ordinary shares pledged to banks within Lord Alliance's direct and
indirect interests from 8.33% to 6.33% of the capital of the
Company.
This transaction does not result in a change to the total direct
and indirect interest of Lord Alliance in the voting rights and
issued share capital of the Company.
This announcement is made in accordance with the UK Market Abuse
Regulation.
1 Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Lord Alliance of Manchester CBE
--------------------------------------- --------------------------------------------
2 Reason for the notification
-------------------------------------------------------------------------------------
a) Position/status Non-Executive Director, N Brown Group
plc
--------------------------------------- --------------------------------------------
b) Initial notification Initial Notification
/Amendment
--------------------------------------- --------------------------------------------
3 Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------------------
a) Name N Brown Group Plc
--------------------------------------- --------------------------------------------
b) LEI 213800QFPJQF2NUVAP09
--------------------------------------- --------------------------------------------
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 Ordinary shares
financial instrument,
type of instrument
Identification code GB00B1P6ZR11
b) Nature of the transaction Transfer of ordinary shares pursuant
to the release of a pledge
--------------------------------------- --------------------------------------------
c) Price(s) and volume(s)
-------------------- -------------------
Price(s) Volume(s)
-------------------- -------------------
GBP0.00 9,191,880
----------------------------------------------------------------- -------------------
d) Aggregated information
- Aggregated volume 9,191,880
- Price GBP0.00
e) Date of the transaction 7 July 2022
--------------------------------------- --------------------------------------------
f) Place of the transaction Outside a trading venue
--------------------------------------- --------------------------------------------
For enquiries, please contact:
Michael Mustard
Company Secretary and General Counsel, N Brown Group Plc
Tel: +44 (0)161 238 2298
Registered office:
Griffin House
40 Lever Street
Manchester
M60 6ES
Shore Capital - Nominated Adviser and Broker
Stephane Auton / Daniel Bush / John More
+44 (0) 20 7408 4090
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END
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