12 February 2025
N BROWN GROUP PLC
Director/PDMR Shareholdings
N Brown Group plc (the "Company") announces that on 12 February 2025, the following ordinary shares of 11 1/19 pence each in the Company ("Ordinary Shares") were acquired by directors of the Company following the exercise of awards made under the N Brown Group plc 2014 Long-Term Incentive Plan and the N Brown Group plc Share Plan in connection with the recommended acquisition of the Company by Falcon 24 Topco Limited.
Stephen Johnson - 1,508,001 Ordinary Shares
Dominic Appleton - 942,772 Ordinary Shares
To satisfy the exercise of awards, the relevant Ordinary Shares were transferred by the trustee of the Company's Employee Benefit Trust for nil consideration. Further information on the Company's share plans can be found in the scheme document published on 29 October 2024.
The notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides 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
| Acquisition of Ordinary Shares following the exercise of awards under the Company's share plans | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | Nil | 1,508,001 | | |
| | | | | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | N/A- single transaction | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e)
| Date of the transaction
| 12 February 2025 | |||
| 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
| Acquisition of Ordinary Shares following the exercise of awards under the Company's share plans | |||
| c)
| Price(s) and volume(s) | | | | |
| | | Price(s) | Volume(s) | | |
| | | Nil | 942,772 | | |
| | | | | | |
| d)
| Aggregated information | | |||
| | | ||||
| - Aggregated volume | N/A- single transaction | ||||
| | | ||||
| - Price | | ||||
| | | ||||
| e)
| Date of the transaction
| 12 February 2025 | |||
| 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 1,400 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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