REG - Next PLC - Director/PDMR Shareholding

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26/04/2024 18:15

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RNS Number : 2973M  Next PLC  26 April 2024

26 April 2024

NEXT plc ("the Company")

Notification of Transactions by Persons Discharging Managerial
Responsibilities and Persons Closely Associated with Them

The following notification is made under article 19 of the UK Market Abuse
Regulation.

In accordance with the Company's Remuneration Policy and as most recently
disclosed in the Annual Report and Accounts, the Chief Executive's annual
bonus in excess of 100% of base salary is payable in shares, deferred for a
period of two years subject to his continued employment in the NEXT Group.

On 26 April 2024 Lord Wolfson acquired 3,907 ordinary shares in the Company
under the terms of the 2022-2024 Deferred Bonus Plan. The share award is after
settlement of income tax and employees national insurance contributions.

 1    Details of the person discharging managerial responsibilities ("PDMR") /

    person closely associated ("PCA")

 a)   Name                                                         Lord Wolfson of Aspley Guise

 2    Reason for the notification
 a)   Position/status                                              Chief Executive (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  Ordinary shares of £0.10 each

      Identification code                                          GB0032089863

 b)   Nature of the transaction                                    Settlement of 2022 share award under the NEXT plc Deferred Bonus Plan

 c)   Price(s) and volume(s)

                                                                                       Price(s)            Volume(s)
                                                                                       Nil                 3,907

 d)   Aggregated information

      - Aggregated volume                                          N/A single transaction
      - Price
 e)   Date of the transaction                                      26 April 2024

 f)   Place of the transaction                                     Outside a trading venue

For the year ended January 2024, Lord Wolfson earned an annual bonus of 150%
of his base salary. Lord Wolfson's share entitlement was calculated and
awarded on Friday 26 April 2024 based on the closing price of NEXT plc shares
on that date.

 1    Details of the person discharging managerial responsibilities ("PDMR") /

    person closely associated ("PCA")

 a)   Name                                                         Lord Wolfson of Aspley Guise

 2    Reason for the notification
 a)   Position/status                                              Chief Executive (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  Ordinary shares of £0.10 each

      Identification code                                          GB0032089863

 b)   Nature of the transaction                                    Conditional award of shares under the NEXT plc Deferred Bonus Plan

 c)   Price(s) and volume(s)

                                                                                      Price(s)           Volume(s)
                                                                                      Nil                4,978

 d)   Aggregated information

      - Aggregated volume                                          N/A single transaction
      - Price

 e)   Date of the transaction                                      26 April 2024

 f)   Place of the transaction                                     Outside a trading venue

 

Seonna Anderson

Company Secretary

 

 

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