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.
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| 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) |
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| d) | Aggregated information
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| 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) |
| ||||||||||
| d) | Aggregated information
|
| ||||||||||
| 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) |
| ||||||||||
| d) | Aggregated information
|
| ||||||||||
| 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) |
| ||||||||||
| d) | Aggregated information
|
| ||||||||||
| 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) |
| ||||||||||
| d) | Aggregated information
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| ||||||||||
| 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) |
| ||||||||||
| d) | Aggregated information
|
| ||||||||||
| 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) |
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| d) | Aggregated information
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| e) | Date of the transaction | 2024-03-04 | ||||||||||
| f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||||||||
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