Next PLC Director/PDMR Shareholding (7032Q)

TIDMNXT

RNS Number : 7032Q

Next PLC

19 October 2023

NEXT plc

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

The following notification is made under article 19 of the UK Market Abuse Regulation. On 19 October 2023 the following share options were granted to certain directors/ PDMRs under the Next plc 2020 Sharesave Plan. The exercise price of GBP58.50 was set in accordance with HMRC rules for sharesave plans.

Lord Wolfson of Aspley Guise and Jane Shields have each elected for a plan term of 5 years. The sharesave contracts will commence on 1 December 2023 and, subject to the rules of the plan, the options will be exercisable for the period of 6 months following the maturity date of 1 December 2028.

 
 1    Details of the person discharging managerial responsibilities 
       ("PDMR") / person closely associated ("PCA") 
 a)   Name                          1. Lord Wolfson of Aspley Guise 
 
                                     2. Jane Shields 
     -----------------------  ----------------------------------------------- 
 2    Reason for the notification 
     ------------------------------------------------------------------------ 
 a)   Position/status               1. Chief Executive (PDMR) 
 
                                     2. Group Sales,Marketing and HR Director 
                                     (PDMR) 
     -----------------------  ----------------------------------------------- 
 b)   Initial notification     Initial notification 
       /Amendment 
     -----------------------  ----------------------------------------------- 
 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       Sharesave options over ordinary shares 
       financial instrument,    of GBP0.10 each 
       type of instrument 
 
      Identification code      GB0032089863 
     -----------------------  ----------------------------------------------- 
 
 
 b)    Nature of the transaction         Grant of options under the Next plc 
                                          2020 Sharesave Plan over the following 
                                          number of Shares: 
                                          1. Lord Wolfson of Aspley Guise - 
                                          270 
                                          2. Jane Shields - 221 
 c)    Price(s) and volume(s) 
                                                               -----------  ---------- 
                                                                Price(s)     Volume(s) 
                                                               -----------  ---------- 
   Lord Wolfson of Aspley 
    Guise                      GBP58.50                                            270 
                              --------------------------------------------  ---------- 
   Jane Shields                GBP58.50                                            221 
                              --------------------------------------------  ---------- 
 
 d)    Aggregated information 
 
  - Aggregated volume          n/a 
  - Price                      n/a 
 
 e)    Date of the transaction      19 October 2023 
      ---------------------------  ----------------------------------------------------- 
 f)    Place of the transaction     Outside a trading venue 
      ---------------------------  -----------------------------------------------------

Ian Blackwell

Company Secretary

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END

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