Director/PDMR Shareholding
Marks and Spencer Group plc (the 'Company') announces the following transactions in the Company's Ordinary 1p shares undertaken by directors / persons discharging managerial responsibility ('PDMRs'):
1. Grant of awards under the Performance Share Plan ('PSP'). As disclosed in the Company's 2025 Annual Report, and as a result of the recent cyber incident, target setting for the 2025/26 PSP awards has been delayed until realistic and sustainable targets can be set. Targets for these awards will be set and disclosed no later than 31 December 2025.
2. Grant of awards under the Deferred Share Bonus Plan ('DSBP'). PDMRs are required to defer 50% of their bonus into shares.
3. Grant of a Restricted Share Plan ('RSP') award to Alison Dolan, to compensate for her 2024 annual bonus which was forfeited on resigning from her role at Rightmove plc.
For the purpose of these awards, the five-day average share price immediately preceding the date of grant of £3.476 was used.
Further information on these awards is set out in the Company's 2025 Annual Report, published on 2 June 2025, and available at corporate.marksandspencer.com/annualreport2025.
The relevant notifications set out below are provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulations.
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1 |
Details of the person discharging managerial responsibilities/person closely associated |
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a) |
Name |
S Machin |
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2 |
Reason for the notification |
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|
a) |
Position/status |
PDMR (Chief Executive Officer) |
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b) |
Initial notification/Amendment |
Initial notification |
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3 |
Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor |
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|
a) |
Name |
Marks and Spencer Group plc |
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|
b) |
LEI |
213800EJP14A79ZG1X44 |
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|
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 |
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|
b) |
Nature of the transaction |
1. Award of conditional shares pursuant to the Marks and Spencer Performance Share Plan. 2. Award of conditional shares pursuant to the Marks and Spencer Deferred Share Bonus Plan. |
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|
c) |
Price(s) and volume(s) |
1. PSP Award
2. DSBP Award
|
||||||||||||||||
|
d) |
Aggregated information
|
1. PSP Award
2. DSBP Award
|
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|
e) |
Date of the transaction |
2025-07-07 |
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|
f) |
Place of the transaction |
Grant of conditional shares outside a trading venue |
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|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||||||||||||||||||||
|
a) |
Name |
A Dolan |
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|
2 |
Reason for the notification |
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|
a) |
Position/status |
PDMR (Chief Financial Officer) |
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|
b) |
Initial notification/Amendment |
Initial notification |
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|
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 |
1. Award of conditional shares pursuant to the Marks and Spencer Performance Share Plan. 2. Award of conditional shares pursuant to the Marks and Spencer Deferred Share Bonus Plan. 3. Award of conditional shares pursuant to the Marks and Spencer Restricted Share Plan. |
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|
c) |
Price(s) and volume(s) |
1. PSP Award
2. DSBP Award
3. RSP Award
|
||||||||||||||||||||||
|
d) |
Aggregated information
|
1. PSP Award
2. DSBP Award
3. RSP Award
|
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|
e) |
Date of the transaction |
2025-07-07 |
||||||||||||||||||||||
|
f) |
Place of the transaction |
Grant of conditional shares outside a trading venue |
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|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||||||||||||||
|
a) |
Name |
A Freudmann |
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|
2 |
Reason for the notification |
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|
a) |
Position/status |
PDMR (Managing Director of Food) |
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|
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 |
1. Award of conditional shares pursuant to the Marks and Spencer Performance Share Plan. 2. Award of conditional shares pursuant to the Marks and Spencer Deferred Share Bonus Plan. |
||||||||||||||||
|
c) |
Price(s) and volume(s) |
1. PSP Award
2. DSBP Award
|
||||||||||||||||
|
d) |
Aggregated information
|
1. PSP Award
2. DSBP Award
|
||||||||||||||||
|
e) |
Date of the transaction |
2025-07-07 |
||||||||||||||||
|
f) |
Place of the transaction |
Grant of conditional shares outside a trading venue |
||||||||||||||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||||||||
|
a) |
Name |
J Lyttle |
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|
2 |
Reason for the notification |
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|
a) |
Position/status |
PDMR (Managing Director of Fashion, Home & Beauty) |
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|
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 |
Award of conditional shares pursuant to the Marks and Spencer Performance Share Plan. |
||||||||||
|
c) |
Price(s) and volume(s) |
PSP Award
|
||||||||||
|
d) |
Aggregated information
|
PSP Award
|
||||||||||
|
e) |
Date of the transaction |
2025-07-07 |
||||||||||
|
f) |
Place of the transaction |
Grant of conditional shares outside a trading venue |
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|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||||||||||||||
|
a) |
Name |
S Berendji |
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|
2 |
Reason for the notification |
|||||||||||||||||
|
a) |
Position/status |
PDMR (Operations Director) |
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|
b) |
Initial notification/Amendment |
Initial notification |
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|
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 |
1. Award of conditional shares pursuant to the Marks and Spencer Performance Share Plan. 2. Award of conditional shares pursuant to the Marks and Spencer Deferred Share Bonus Plan. |
||||||||||||||||
|
c) |
Price(s) and volume(s) |
1. PSP Award
2. DSBP Award
|
||||||||||||||||
|
d) |
Aggregated information
|
1. PSP Award
2. DSBP Award
|
||||||||||||||||
|
e) |
Date of the transaction |
2025-07-07 |
||||||||||||||||
|
f) |
Place of the transaction |
Grant of conditional shares outside a trading venue |
||||||||||||||||
|
1 |
Details of the person discharging managerial responsibilities/person closely associated |
|||||||||||||||||
|
a) |
Name |
M Lemming |
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|
2 |
Reason for the notification |
|||||||||||||||||
|
a) |
Position/status |
PDMR (Managing Director of International) |
||||||||||||||||
|
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 |
1. Award of conditional shares pursuant to the Marks and Spencer Performance Share Plan. 2. Award of conditional shares pursuant to the Marks and Spencer Deferred Share Bonus Plan. |
||||||||||||||||
|
c) |
Price(s) and volume(s) |
1. PSP Award
2. DSBP Award
|
||||||||||||||||
|
d) |
Aggregated information
|
1. PSP Award
2. DSBP Award
|
||||||||||||||||
|
e) |
Date of the transaction |
2025-07-07 |
||||||||||||||||
|
f) |
Place of the transaction |
Grant of conditional shares outside a trading venue |
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