Marks & Spencer Group PLC Director/PDMR Shareholding (3202R)
December 08 2016 - 3:15AM
UK Regulatory
TIDMMKS
RNS Number : 3202R
Marks & Spencer Group PLC
08 December 2016
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 ('PDMRs').
This award was granted as a nil cost option, where a participant
will normally be entitled to exercise their award and receive free
shares between the third and tenth anniversary of grant, subject to
the extent to which performance conditions have been satisfied and
their continuing employment (1) . The vesting of the award will
depend on the Company's Earnings Per Share (EPS), Return On Capital
Employed (ROCE) and Cumulative Free Cash Flow over a fixed
three-year performance period starting on the first day of the
financial year in which the award was granted. The value of
dividends accrued, in the form of dividend equivalents, will be
paid at the end of period (third anniversary) based on the number
of vested shares. No consideration was paid for the grant of the
award. No price is payable on the exercise of the award. For the
purposes of this award, the grant was made at a share price of
GBP3.28.
(1) P Bousquet-Chavanne's award is structured as conditional
shares which vest on the third anniversary of grant.
Name of Participant Share Form of Award Vesting Maximum Number
Price (Nil Cost Date of Options
(GBP) Option/Conditional / Shares
Award)
--------------------- ------- -------------------- ----------- ---------------
Nil Cost
S Rowe 3.28 Option 05.12.2019 555,640
--------------------- ------- -------------------- ----------- ---------------
Conditional
P Bousquet-Chavanne 3.28 Award 05.12.2019 374,542
--------------------- ------- -------------------- ----------- ---------------
Nil Cost
H Weir 3.28 Option 05.12.2019 404,725
--------------------- ------- -------------------- ----------- ---------------
Nil Cost
A Adcock 3.28 Option 05.12.2019 310,975
--------------------- ------- -------------------- ----------- ---------------
Nil Cost
S Berendji 3.28 Option 05.12.2019 218,536
--------------------- ------- -------------------- ----------- ---------------
Nil Cost
P Friston 3.28 Option 05.12.2019 218,536
--------------------- ------- -------------------- ----------- ---------------
Nil Cost
D Fry 3.28 Option 05.12.2019 192,707
--------------------- ------- -------------------- ----------- ---------------
Nil Cost
D Guise 3.28 Option 05.12.2019 268,292
--------------------- ------- -------------------- ----------- ---------------
Nil Cost
J Jenkins 3.28 Option 05.12.2019 323,500
--------------------- ------- -------------------- ----------- ---------------
Nil Cost
A Mellor 3.28 Option 05.12.2019 237,804
--------------------- ------- -------------------- ----------- ---------------
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 S Rowe
--- ----------------------------------------------------- ----------------------------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------------------------------------------------
a) Position/status PDMR (Chief Executive)
--- ----------------------------------------------------- ----------------------------------------------------------
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 Ordinary 25p shares
instrument ISIN: GB0031274896
Identification code
--- ----------------------------------------------------- ----------------------------------------------------------
b) Nature of the transaction Award of options pursuant to the Marks and Spencer Group
plc Performance Share Plan Award
--- ----------------------------------------------------- ----------------------------------------------------------
c) Price(s) and volume(s) Allotment Price(s) Maximum Number of Options / Shares
------------------- -----------------------------------
3.28 555,640
------------------- -----------------------------------
--- ----------------------------------------------------- ----------------------------------------------------------
d) Aggregated information - Aggregated volume n/a (single transaction)
------------------
- Price
------
--- ----------------------------------------------------- ----------------------------------------------------------
e) Date of the transaction 2016-12-05
--- ----------------------------------------------------- ----------------------------------------------------------
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 P 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 Ordinary 25p shares
instrument ISIN: GB0031274896
Identification code
--- ----------------------------------------------------- ----------------------------------------------------------
b) Nature of the transaction Award of options pursuant to the Marks and Spencer Group
plc Performance Share Plan Award
--- ----------------------------------------------------- ----------------------------------------------------------
c) Price(s) and volume(s) Allotment Price(s) Maximum Number of Options / Shares
------------------- -----------------------------------
3.28 374,542
------------------- -----------------------------------
--- ----------------------------------------------------- ----------------------------------------------------------
d) Aggregated information - Aggregated volume n/a (single transaction)
------------------
- Price
------
--- ----------------------------------------------------- ----------------------------------------------------------
e) Date of the transaction 2016-12-05
--- ----------------------------------------------------- ----------------------------------------------------------
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 H Weir
--- ----------------------------------------------------- ----------------------------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------------------------------------------------
a) Position/status PDMR (Chief Finance Officer)
--- ----------------------------------------------------- ----------------------------------------------------------
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 Ordinary 25p shares
instrument ISIN: GB0031274896
Identification code
--- ----------------------------------------------------- ----------------------------------------------------------
b) Nature of the transaction Award of options pursuant to the Marks and Spencer Group
plc Performance Share Plan Award
--- ----------------------------------------------------- ----------------------------------------------------------
c) Price(s) and volume(s) Allotment Price(s) Maximum Number of Options / Shares
------------------- -----------------------------------
3.28 404,725
------------------- -----------------------------------
--- ----------------------------------------------------- ----------------------------------------------------------
d) Aggregated information - Aggregated volume n/a (single transaction)
------------------
- Price
------
--- ----------------------------------------------------- ----------------------------------------------------------
e) Date of the transaction 2016-12-05
--- ----------------------------------------------------- ----------------------------------------------------------
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 Adcock
--- ----------------------------------------------------- ----------------------------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------------------------------------------------
a) Position/status PDMR (Food 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 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 Ordinary 25p shares
instrument ISIN: GB0031274896
Identification code
--- ----------------------------------------------------- ----------------------------------------------------------
b) Nature of the transaction Award of options pursuant to the Marks and Spencer Group
plc Performance Share Plan Award
--- ----------------------------------------------------- ----------------------------------------------------------
c) Price(s) and volume(s) Allotment Price(s) Maximum Number of Options / Shares
------------------- -----------------------------------
3.28 310,975
------------------- -----------------------------------
--- ----------------------------------------------------- ----------------------------------------------------------
d) Aggregated information - Aggregated volume n/a (single transaction)
------------------
- Price
------
--- ----------------------------------------------------- ----------------------------------------------------------
e) Date of the transaction 2016-12-05
--- ----------------------------------------------------- ----------------------------------------------------------
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 S Berendji
--- ----------------------------------------------------- ----------------------------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------------------------------------------------
a) Position/status PDMR (Retail 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 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 Ordinary 25p shares
instrument ISIN: GB0031274896
Identification code
--- ----------------------------------------------------- ----------------------------------------------------------
b) Nature of the transaction Award of options pursuant to the Marks and Spencer Group
plc Performance Share Plan Award
--- ----------------------------------------------------- ----------------------------------------------------------
c) Price(s) and volume(s) Allotment Price(s) Maximum Number of Options / Shares
------------------- -----------------------------------
3.28 218,536
------------------- -----------------------------------
--- ----------------------------------------------------- ----------------------------------------------------------
d) Aggregated information - Aggregated volume n/a (single transaction)
------------------
- Price
------
--- ----------------------------------------------------- ----------------------------------------------------------
e) Date of the transaction 2016-12-05
--- ----------------------------------------------------- ----------------------------------------------------------
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 P Friston
--- ----------------------------------------------------- ----------------------------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------------------------------------------------
a) Position/status PDMR (International 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 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 Ordinary 25p shares
instrument ISIN: GB0031274896
Identification code
--- ----------------------------------------------------- ----------------------------------------------------------
b) Nature of the transaction Award of options pursuant to the Marks and Spencer Group
plc Performance Share Plan Award
--- ----------------------------------------------------- ----------------------------------------------------------
c) Price(s) and volume(s) Allotment Price(s) Maximum Number of Options / Shares
------------------- -----------------------------------
3.28 218,536
------------------- -----------------------------------
--- ----------------------------------------------------- ----------------------------------------------------------
d) Aggregated information - Aggregated volume n/a (single transaction)
------------------
- Price
------
--- ----------------------------------------------------- ----------------------------------------------------------
e) Date of the transaction 2016-12-05
--- ----------------------------------------------------- ----------------------------------------------------------
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 D Fry
--- ----------------------------------------------------- ----------------------------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------------------------------------------------
a) Position/status PDMR (Communications & Investor Relations 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 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 Ordinary 25p shares
instrument ISIN: GB0031274896
Identification code
--- ----------------------------------------------------- ----------------------------------------------------------
b) Nature of the transaction Award of options pursuant to the Marks and Spencer Group
plc Performance Share Plan Award
--- ----------------------------------------------------- ----------------------------------------------------------
c) Price(s) and volume(s) Allotment Price(s) Maximum Number of Options / Shares
------------------- -----------------------------------
3.28 192,707
------------------- -----------------------------------
--- ----------------------------------------------------- ----------------------------------------------------------
d) Aggregated information - Aggregated volume n/a (single transaction)
------------------
- Price
------
--- ----------------------------------------------------- ----------------------------------------------------------
e) Date of the transaction 2016-12-05
--- ----------------------------------------------------- ----------------------------------------------------------
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 D Guise
--- ----------------------------------------------------- ----------------------------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------------------------------------------------
a) Position/status PDMR (HR 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 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 Ordinary 25p shares
instrument ISIN: GB0031274896
Identification code
--- ----------------------------------------------------- ----------------------------------------------------------
b) Nature of the transaction Award of options pursuant to the Marks and Spencer Group
plc Performance Share Plan Award
--- ----------------------------------------------------- ----------------------------------------------------------
c) Price(s) and volume(s) Allotment Price(s) Maximum Number of Options / Shares
------------------- -----------------------------------
3.28 268,292
------------------- -----------------------------------
--- ----------------------------------------------------- ----------------------------------------------------------
d) Aggregated information - Aggregated volume n/a (single transaction)
------------------
- Price
------
--- ----------------------------------------------------- ----------------------------------------------------------
e) Date of the transaction 2016-12-05
--- ----------------------------------------------------- ----------------------------------------------------------
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 J Jenkins
--- ----------------------------------------------------- ----------------------------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------------------------------------------------
a) Position/status PDMR (Womenswear, Lingerie & Beauty 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 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 Ordinary 25p shares
instrument ISIN: GB0031274896
Identification code
--- ----------------------------------------------------- ----------------------------------------------------------
b) Nature of the transaction Award of options pursuant to the Marks and Spencer Group
plc Performance Share Plan Award
--- ----------------------------------------------------- ----------------------------------------------------------
c) Price(s) and volume(s) Allotment Price(s) Maximum Number of Options / Shares
------------------- -----------------------------------
3.28 323,500
------------------- -----------------------------------
--- ----------------------------------------------------- ----------------------------------------------------------
d) Aggregated information - Aggregated volume n/a (single transaction)
------------------
- Price
------
--- ----------------------------------------------------- ----------------------------------------------------------
e) Date of the transaction 2016-12-05
--- ----------------------------------------------------- ----------------------------------------------------------
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 Mellor
--- ----------------------------------------------------- ----------------------------------------------------------
2 Reason for the notification
--- -----------------------------------------------------------------------------------------------------------------
a) Position/status PDMR (Group Secretary)
--- ----------------------------------------------------- ----------------------------------------------------------
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 Ordinary 25p shares
instrument ISIN: GB0031274896
Identification code
--- ----------------------------------------------------- ----------------------------------------------------------
b) Nature of the transaction Award of options pursuant to the Marks and Spencer Group
plc Performance Share Plan Award
--- ----------------------------------------------------- ----------------------------------------------------------
c) Price(s) and volume(s) Allotment Price(s) Maximum Number of Options / Shares
------------------- -----------------------------------
3.28 237,804
------------------- -----------------------------------
--- ----------------------------------------------------- ----------------------------------------------------------
d) Aggregated information - Aggregated volume n/a (single transaction)
------------------
- Price
------
--- ----------------------------------------------------- ----------------------------------------------------------
e) Date of the transaction 2016-12-05
--- ----------------------------------------------------- ----------------------------------------------------------
f) Place of the transaction Grant of the options occurred outside a trading venue
--- ----------------------------------------------------- ----------------------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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December 08, 2016 04:15 ET (09:15 GMT)
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