REG - Marks & Spencer Grp - Director/PDMR Shareholding <Origin Href="QuoteRef">MKS.L</Origin>

Marks and SpencerAnnouncement

28/11/2016 16:10

RNS Number : 3433Q
Marks & Spencer Group PLC
28 November 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').
On 24 November 2016, the following directors/PDMRs were granted options to buy ordinary shares in the Company ('shares') at an option price of 2.60 per share under the terms of the Marks and Spencer Group plc Sharesave scheme.
Name
Savings Term
Number of shares over which option granted at 2.60
Steve Rowe
3 years
3,461
Helen Weir
3 years
3,461
Andy Adcock
3 years
3,461
Sacha Berendji
3 years
3,461
Paul Friston
3 years
3,461
Dominic Fry
3 years
3,461

On 28 November 2016, the following directors/PDMRs acquired a further interest in the Company's shares as a result of their participation in the Company's all-employee Share Incentive Plan.
Name
Number of Partnership Shares Acquired
Partnership Share Price ()
Andy Adcock
46
3.294
Paul Friston
46
3.294
Sacha Berendji
46
3.294

The following PDMRs cancelled options to purchase shares previously granted pursuant to the Marks and Spencer Group plc Sharesave scheme:
Name
Scheme
Number of options
Helen Weir
2015
2,083
Andy Adcock
2015
2,083
Paul Friston
2014
2,439
Sacha Berendji
2013
2,222

Please note:The Sharesave scheme is an all employee HMRC approved Save As You Earn Scheme. Marks and Spencer employees can save an amount up to a maximum of 250 per month, either in one scheme or across a number of schemes, over a period of three years. At the end of the period the amount saved can be used to buy Shares at a price set at the start of the relevant scheme saving period. Employees can withdraw their participation at any time and have their money returned to them. The options to buy Shares are normally exercisable for 6 months from the end of the savings term.
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
Steve 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 instrument
Identification code
Ordinary 25p shares
ISIN: GB0031274896
b)
Nature of the transaction
Award of options pursuant to the Marks and Spencer Group plc Sharesave Scheme
c)
Price(s) and volume(s)
Price(s)
Volume(s)
2.60
3,641
d)
Aggregated information
-
Aggregated volume
-
Price
n/a (single transaction)
e)
Date of the transaction
2016-11-24
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
Helen 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 instrument
Identification code
Ordinary 25p shares
ISIN: GB0031274896
b)
Nature of the transaction
Award of options pursuant to the Marks and Spencer Group plc Sharesave Scheme
c)
Price(s) and volume(s)
Price(s)
Volume(s)
2.60
3,641
d)
Aggregated information
-
Aggregated volume
-
Price
n/a (single transaction)
e)
Date of the transaction
2016-11-24
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
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
Award of options pursuant to the Marks and Spencer Group plc Sharesave Scheme
c)
Price(s) and volume(s)
Price(s)
Volume(s)
2.60
3,641
d)
Aggregated information
-
Aggregated volume
-
Price
n/a (single transaction)
e)
Date of the transaction
2016-11-24
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
Sacha Berendji
2
Reason for the notification
a)
Position/status
PDMR (Director of Retail)
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
Award of options pursuant to the Marks and Spencer Group plc Sharesave Scheme
c)
Price(s) and volume(s)
Price(s)
Volume(s)
2.60
3,641
d)
Aggregated information
-
Aggregated volume
-
Price
n/a (single transaction)
e)
Date of the transaction
2016-11-24
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
Paul Friston
2
Reason for the notification
a)
Position/status
PDMR (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
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
Award of options pursuant to the Marks and Spencer Group plc Sharesave Scheme
c)
Price(s) and volume(s)
Price(s)
Volume(s)
2.60
3,641
d)
Aggregated information
-
Aggregated volume
-
Price
n/a (single transaction)
e)
Date of the transaction
2016-11-24
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
Dominic Fry
2
Reason for the notification
a)
Position/status
PDMR (Director of Communications and Investor Relations)
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
Award of options pursuant to the Marks and Spencer Group plc Sharesave Scheme
c)
Price(s) and volume(s)
Price(s)
Volume(s)
2.60
3,641
d)
Aggregated information
-
Aggregated volume
-
Price
n/a (single transaction)
e)
Date of the transaction
2016-11-24
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
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
Acquisition ofPartnership Sharesthrough the Company's Share Incentive Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
3.294
46
d)
Aggregated information
-
Aggregated volume
-
Price
n/a (single transaction)
e)
Date of the transaction
2016-11-28
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Sacha Berendji
2
Reason for the notification
a)
Position/status
PDMR (Director of Retail)
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
Acquisition of Partnership Sharesthrough the Company's Share Incentive Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
3.294
46
d)
Aggregated information
-
Aggregated volume
-
Price
n/a (single transaction)
e)
Date of the transaction
2016-11-28
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)
1
Details of the person discharging managerial responsibilities/person closely associated
a)
Name
Paul Friston
2
Reason for the notification
a)
Position/status
PDMR (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
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
Acquisition ofPartnership Sharesthrough the Company's Share Incentive Plan
c)
Price(s) and volume(s)
Price(s)
Volume(s)
3.294
46
d)
Aggregated information
-
Aggregated volume
-
Price
n/a (single transaction)
e)
Date of the transaction
2016-11-28
f)
Place of the transaction
London Stock Exchange, Main Market (XLON)

This information is provided by RNS
The company news service from the London Stock Exchange
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