REG - Marks and Spencer Gp - Director/PDMR Shareholding
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RNS Number : 3596Q Marks and Spencer Group PLC 09 July 2025
Director/PDMR Shareholding
Marks and Spencer Group plc (the 'Company') announces the following
transactions in the Company's Ordinary 1p shares undertaken by directors /
persons discharging managerial responsibility ('PDMRs'):
1. Grant of awards under the Performance Share Plan ('PSP'). As disclosed
in the Company's 2025 Annual Report, and as a result of the recent cyber
incident, target setting for the 2025/26 PSP awards has been delayed until
realistic and sustainable targets can be set. Targets for these awards will be
set and disclosed no later than 31 December 2025.
2. Grant of awards under the Deferred Share Bonus Plan ('DSBP'). PDMRs are
required to defer 50% of their bonus into shares.
3. Grant of a Restricted Share Plan ('RSP') award to Alison Dolan, to
compensate for her 2024 annual bonus which was forfeited on resigning from her
role at Rightmove plc.
For the purpose of these awards, the five-day average share price immediately
preceding the date of grant of £3.476 was used.
Further information on these awards is set out in the Company's 2025 Annual
Report, published on 2 June 2025, and available at
corporate.marksandspencer.com/annualreport2025.
The relevant notifications set out below are provided in accordance with the
requirements of Article 19 of the UK Market Abuse Regulations.
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name S Machin
2 Reason for the notification
a) Position/status PDMR (Chief Executive 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 213800EJP14A79ZG1X44
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 Ordinary 1p shares
Identification code
ISIN: GB0031274896
b) Nature of the transaction 1. Award of conditional shares pursuant to the Marks and Spencer
Performance Share Plan.
2. Award of conditional shares pursuant to the Marks and Spencer Deferred
Share Bonus Plan.
c) Price(s) and volume(s) 1. PSP Award
Price(s) Volume(s)
Nil-cost 610,414
2. DSBP Award
Price(s) Volume(s)
Nil-cost 235,116
d) Aggregated information 1. PSP Award
- Aggregated volume
Price(s) Volume(s) Total
Nil-cost 610,414 £0.00
- Price
2. DSBP Award
Price(s) Volume(s) Total
Nil-cost 235,116 £0.00
e) Date of the transaction 2025-07-07
f) Place of the transaction Grant of conditional shares outside a trading venue
2. DSBP Award
Price(s) Volume(s)
Nil-cost 235,116
d)
Aggregated information
- Aggregated volume
- Price
1. PSP Award
Price(s) Volume(s) Total
Nil-cost 610,414 £0.00
2. DSBP Award
Price(s) Volume(s) Total
Nil-cost 235,116 £0.00
e)
Date of the transaction
2025-07-07
f)
Place of the transaction
Grant of conditional shares outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name A Dolan
2 Reason for the notification
a) Position/status PDMR (Chief Financial 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 213800EJP14A79ZG1X44
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 Ordinary 1p shares
Identification code
ISIN: GB0031274896
b) Nature of the transaction 1. Award of conditional shares pursuant to the Marks and Spencer
Performance Share Plan.
2. Award of conditional shares pursuant to the Marks and Spencer Deferred
Share Bonus Plan.
3. Award of conditional shares pursuant to the Marks and Spencer
Restricted Share Plan.
c) Price(s) and volume(s) 1. PSP Award
Price(s) Volume(s)
Nil-cost 431,530
2. DSBP Award
Price(s) Volume(s)
Nil-cost 28,893
3. RSP Award
Price(s) Volume(s)
Nil-cost 123,390
d) Aggregated information 1. PSP Award
- Aggregated volume
Price(s) Volume(s) Total
Nil-cost 431,530 £0.00
- Price
2. DSBP Award
Price(s) Volume(s) Total
Nil-cost 28,893 £0.00
3. RSP Award
Price(s) Volume(s) Total
Nil-cost 123,390 £0.00
e) Date of the transaction 2025-07-07
f) Place of the transaction Grant of conditional shares outside a trading venue
2. DSBP Award
Price(s) Volume(s)
Nil-cost 28,893
3. RSP Award
Price(s) Volume(s)
Nil-cost 123,390
d)
Aggregated information
- Aggregated volume
- Price
1. PSP Award
Price(s) Volume(s) Total
Nil-cost 431,530 £0.00
2. DSBP Award
Price(s) Volume(s) Total
Nil-cost 28,893 £0.00
3. RSP Award
Price(s) Volume(s) Total
Nil-cost 123,390 £0.00
e)
Date of the transaction
2025-07-07
f)
Place of the transaction
Grant of conditional shares outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name A Freudmann
2 Reason for the notification
a) Position/status PDMR (Managing 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 213800EJP14A79ZG1X44
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 Ordinary 1p shares
Identification code
ISIN: GB0031274896
b) Nature of the transaction 1. Award of conditional shares pursuant to the Marks and Spencer
Performance Share Plan.
2. Award of conditional shares pursuant to the Marks and Spencer Deferred
Share Bonus Plan.
c) Price(s) and volume(s) 1. PSP Award
Price(s) Volume(s)
Nil-cost 366,248
2. DSBP Award
Price(s) Volume(s)
Nil-cost 128,162
d) Aggregated information 1. PSP Award
- Aggregated volume
Price(s) Volume(s) Total
Nil-cost 366,248 £0.00
- Price
2. DSBP Award
Price(s) Volume(s) Total
Nil-cost 128,162 £0.00
e) Date of the transaction 2025-07-07
f) Place of the transaction Grant of conditional shares outside a trading venue
2. DSBP Award
Price(s) Volume(s)
Nil-cost 128,162
d)
Aggregated information
- Aggregated volume
- Price
1. PSP Award
Price(s) Volume(s) Total
Nil-cost 366,248 £0.00
2. DSBP Award
Price(s) Volume(s) Total
Nil-cost 128,162 £0.00
e)
Date of the transaction
2025-07-07
f)
Place of the transaction
Grant of conditional shares outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name J Lyttle
2 Reason for the notification
a) Position/status PDMR (Managing Director of Fashion, Home & Beauty)
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 213800EJP14A79ZG1X44
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 Ordinary 1p shares
Identification code
ISIN: GB0031274896
b) Nature of the transaction Award of conditional shares pursuant to the Marks and Spencer Performance
Share Plan.
c) Price(s) and volume(s) PSP Award
Price(s) Volume(s)
Nil-cost 362,485
d) Aggregated information PSP Award
- Aggregated volume
Price(s) Volume(s) Total
Nil-cost 362,485 £0.00
- Price
e) Date of the transaction 2025-07-07
f) Place of the transaction Grant of conditional shares outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
PSP Award
Price(s) Volume(s) Total
Nil-cost 362,485 £0.00
e)
Date of the transaction
2025-07-07
f)
Place of the transaction
Grant of conditional shares 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 (Operations 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 213800EJP14A79ZG1X44
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 Ordinary 1p shares
Identification code
ISIN: GB0031274896
b) Nature of the transaction 1. Award of conditional shares pursuant to the Marks and Spencer
Performance Share Plan.
2. Award of conditional shares pursuant to the Marks and Spencer Deferred
Share Bonus Plan.
c) Price(s) and volume(s) 1. PSP Award
Price(s) Volume(s)
Nil-cost 295,501
2. DSBP Award
Price(s) Volume(s)
Nil-cost 99,005
d) Aggregated information 1. PSP Award
- Aggregated volume
Price(s) Volume(s) Total
Nil-cost 295,501 £0.00
- Price
2. DSBP Award
Price(s) Volume(s) Total
Nil-cost 99,005 £0.00
e) Date of the transaction 2025-07-07
f) Place of the transaction Grant of conditional shares outside a trading venue
2. DSBP Award
Price(s) Volume(s)
Nil-cost 99,005
d)
Aggregated information
- Aggregated volume
- Price
1. PSP Award
Price(s) Volume(s) Total
Nil-cost 295,501 £0.00
2. DSBP Award
Price(s) Volume(s) Total
Nil-cost 99,005 £0.00
e)
Date of the transaction
2025-07-07
f)
Place of the transaction
Grant of conditional shares outside a trading venue
1 Details of the person discharging managerial responsibilities/person closely
associated
a) Name M Lemming
2 Reason for the notification
a) Position/status PDMR (Managing Director of International)
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 213800EJP14A79ZG1X44
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 Ordinary 1p shares
Identification code
ISIN: GB0031274896
b) Nature of the transaction 1. Award of conditional shares pursuant to the Marks and Spencer
Performance Share Plan.
2. Award of conditional shares pursuant to the Marks and Spencer Deferred
Share Bonus Plan.
c) Price(s) and volume(s) 1. PSP Award
Price(s) Volume(s)
Nil-cost 266,685
2. DSBP Award
Price(s) Volume(s)
Nil-cost 89,351
d) Aggregated information 1. PSP Award
- Aggregated volume
Price(s) Volume(s) Total
Nil-cost 266,685 £0.00
- Price
2. DSBP Award
Price(s) Volume(s) Total
Nil-cost 89,351 £0.00
e) Date of the transaction 2025-07-07
f) Place of the transaction Grant of conditional shares outside a trading venue
2. DSBP Award
Price(s) Volume(s)
Nil-cost 89,351
d)
Aggregated information
- Aggregated volume
- Price
1. PSP Award
Price(s) Volume(s) Total
Nil-cost 266,685 £0.00
2. DSBP Award
Price(s) Volume(s) Total
Nil-cost 89,351 £0.00
e)
Date of the transaction
2025-07-07
f)
Place of the transaction
Grant of conditional shares outside a trading venue
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