RNS Number : 5172F
Marks and Spencer Group PLC
04 March 2024

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 1p shares undertaken by directors / persons discharging managerial responsibility ('PDMRs') and a person closely associated with a PDMR.

On 29 February 2024, the following directors / PDMRs exercised options over the Company's ordinary shares ('shares') at an exercise price of 82p per share under the terms of the Marks and Spencer Group plc Sharesave scheme. The options were granted on 4 December 2020, as previously announced by the Company.

?

Name

Number of options exercised and retained by individual

Exercise Price

S Machin

21,951

82p

K Bickerstaffe

21,951

82p

S Berendji

21,951

82p

R Price*

21,951

82p

*Richard subsequently transferred 8,760 shares to his spouse on 4 March 2024 for no consideration.

The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.

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)

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

Identification code

Ordinary 1p shares

ISIN: GB0031274896

b)

Nature of the transaction

Exercise of 21,951 options granted under the Company's Sharesave scheme.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.82

21,951

d)

Aggregated information

-

Aggregated volume

-

Price

Price(s)

Volume(s)

Total

£0.82

21,951

£17,999.82

e)

Date of the transaction

2024-02-29

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

K Bickerstaffe

2

Reason for the notification

a)

Position/status

PDMR (Co-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

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

Identification code

Ordinary 1p shares

ISIN: GB0031274896

b)

Nature of the transaction

Exercise of 21,951 options granted under the Company's Sharesave scheme.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.82

21,951

d)

Aggregated information

-

Aggregated volume

-

Price

Price(s)

Volume(s)

Total

£0.82

21,951

£17,999.82

e)

Date of the transaction

2024-02-29

f)

Place of the transaction

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 (Director of Operations)

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

Identification code

Ordinary 1p shares

ISIN: GB0031274896

b)

Nature of the transaction

Exercise of 21,951 options granted under the Company's Sharesave scheme.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.82

21,951

d)

Aggregated information

-

Aggregated volume

-

Price

Price(s)

Volume(s)

Total

£0.82

21,951

£17,999.82

e)

Date of the transaction

2024-02-29

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

R Price

2

Reason for the notification

a)

Position/status

PDMR (Managing Director of Clothing & Home)

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

Identification code

Ordinary 1p shares

ISIN: GB0031274896

b)

Nature of the transaction

Exercise of 21,951 options granted under the Company's Sharesave scheme.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.82

21,951

d)

Aggregated information

-

Aggregated volume

-

Price

Price(s)

Volume(s)

Total

£0.82

21,951

£17,999.82

e)

Date of the transaction

2024-02-29

f)

Place of the transaction

Outside a trading venue

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 1p shares

ISIN: GB0031274896

b)

Nature of the transaction

Transfer of shares to spouse for no consideration.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.00

8,760

d)

Aggregated information

-

Aggregated volume

-

Price

Price(s)

Volume(s)

Total

£0.00

8,760

£0

e)

Date of the transaction

2024-03-04

f)

Place of the transaction

Outside a trading venue

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

P Price

2

Reason for the notification

a)

Position/status

Person closely associated with R Price, Managing Director of Clothing & Home

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

Identification code

Ordinary 1p shares

ISIN: GB0031274896

b)

Nature of the transaction

Transfer of shares from R Price (spouse) for no consideration.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

£0.00

8,760

d)

Aggregated information

-

Aggregated volume

-

Price

Price(s)

Volume(s)

Total

£0.00

8,760

£0

e)

Date of the transaction

2024-03-04

f)

Place of the transaction

Outside a trading venue

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 1p shares

ISIN: GB0031274896

b)

Nature of the transaction

1. Sale of shares.

2. Purchase of shares via an ISA.

c)

Price(s) and volume(s)

Price(s)

Volume(s)

1. £2.311852

2. £2.311998

8,657

8,602

d)

Aggregated information

-

Aggregated volume

-

Price

Price(s)

Volume(s)

Total

1. £2.311852

2. £2.311998

8,657

8,602

£20,013.70

£19,887.81

e)

Date of the transaction

2024-03-04

f)

Place of the transaction

London Stock Exchange, Main Market (XLON)

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