REG - Brown (N.) Group PLC - Director/PDMR Shareholding

N BrownAnnouncement

08/07/2022 16:45

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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 /Amendment                              Initial Notification

 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 financial instrument, type of instrument  Ordinary shares

      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)
                                                                                     £0.00             9,191,880

 d)   Aggregated information

      - Aggregated volume                                          9,191,880

      - Price                                                      £0.00

 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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