RNS Number : 6568I
Next PLC
17 October 2024
 

17 October 2024

NEXT plc

Notification of Transactions by Persons Discharging Managerial Responsibility (PDMR) and Person Closely Associated (PCA) with them

The following notification is made under article 19 of the UK Market Abuse Regulation. On 17 October 2024 the following share options were granted to certain PDMRs/PCAs under the NEXT plc 2020 Sharesave Plan. The exercise price of £80.80 was set in accordance with HMRC rules for sharesave plans.

Jeremy Stakol and Marcelle Stakol have each elected for a plan term of 3 years. Jonathan Blanchard has elected for a plan term of 5 years. The sharesave contracts will commence on 1 December 2024 and, subject to the rules of the plan, the options will be exercisable for the period of 6 months following the maturity date of 1 December 2027 and 1 December 2029 respectively.

1

 

Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA")

 

a)

 

Name

 

1.    Jeremy Stakol

 

2.    Marcelle Stakol

 

3.    Jonathan Blanchard

 

2

 

Reason for the notification

a)

 

Position/status

 

1.    Group Investments, Acquisitions and Third Party Brands Director (PDMR)

 

2.    Lipsy Brand Director (PCA with Jeremy Stakol)

 

3.    Chief Financial Officer (PDMR)

 

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

 

Name

 

NEXT plc

b)

 

LEI

 

213800WQD8ECPZP9PH98

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

Sharesave options over ordinary shares of £0.10 each

 

GB0032089863

 

b)

Nature of the transaction

 

Grant of options under the NEXT plc 2020 Sharesave Plan over the following number of Shares:

1.    Jeremy Stakol - 22

 

2.    Marcelle Stakol - 22

 

3.    Jonathan Blanchard - 194

c)

Price(s) and volume(s)

 

 

 

 

 

Price(s)

Volume(s)

Jeremy Stakol

£80.80

22

Marcelle Stakol

£80.80

22

Jonathan Blanchard

£80.80

194

 

 

d)

Aggregated information

 

-      Aggregated volume

-      Price

 

 

 

n/a

n/a

e)

Date of the transaction(s)

 

17 October 2024

f)

Place of transaction

Outside a trading venue

 

Seonnna Anderson

Company Secretary

 

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