1 July 2024
N BROWN GROUP PLC
Director/PDMR Shareholdings
N Brown Group plc (the "Company") announces that on 28 June 2024 235,681 ordinary shares of 11 1/19 pence each ("Ordinary Shares") were issued to its Interim Executive Chair and Chief Executive Officer, Steve Johnson, and 149,061 Ordinary Shares were issued to its Chief Financial Officer, Dominic Appleton, representing one third of the value of bonus awards in respect of the 52 weeks ended 2 March 2024 in accordance with the terms of the Company's annual bonus scheme as set out in the Company's Remuneration Committee report within the annual report and accounts for that period.
The Ordinary Shares were issued from the Company's Employee Share Ownership Trust and are not subject to any performance conditions but are subject to a two-year holding period.
The notifications below, made in accordance with the requirements of the UK Market Abuse Regulation, provide further detail.
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
| Stephen Johnson | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| Interim Executive Chair and CEO, 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
| Award of Ordinary Shares under the Company's bonus scheme | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | Nil | 235,681 | | |
| | | | | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | N/A- single transaction | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e)
| Date of the transaction
| 28 June 2024 | |||
| f)
| Place of the transaction
| Off market transaction | |||
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||
| a)
| Name
| Dominic Appleton | |||
| 2
| Reason for the notification
| ||||
| a)
| Position/status
| CFO, 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
| Award of Ordinary Shares under the Company's bonus scheme | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | Nil | 149,061 | | |
| | | | | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | N/A- single transaction | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e)
| Date of the transaction
| 28 June 2024 | |||
| f)
| Place of the transaction
| Off market transaction | |||
For further information:
| N Brown Group | |
| David Fletcher, Head of Investor Relations | +44 (0)7876 111 242
|
| Hawthorn | |
| Henry Lerwill Simon Woods
| +44 (0)7894 608 607 +44 (0)7719 078 196 nbrown@hawthornadvisors.com |
| Shore Capital - Nomad and Broker Stephane Auton / Daniel Bush / Rachel Goldstein Fiona Conroy (Corporate Broking)
|
+44 (0) 20 7408 4090
|
About N Brown Group:
N Brown is a top 10 UK clothing and footwear digital retail platform, with a home proposition, headquartered in Manchester and employs around 1,700 people nationwide. Through our strategic retail brands including JD Williams, Simply Be and Jacamo, we exist to make our customers look and feel amazing, and take great pride in passionately championing inclusion and serving the under-served. Our customer-first shopping experience, supported by our innovative financial services proposition, is designed to deliver choice, affordability, and value to our customers, and allows us to be truly inclusive and accessible.
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