Director/PDMR Shareholding
EVA Precision Industrial Holdings Ltd.
n/a
10:00 25/09/24
N BROWN GROUP PLC - Director/PDMR Shareholdings
N Brown Group Plc ("N Brown" or the "Company"), a top 10 UK clothing & footwear digital retailer, announces that on 6 August 2024 nil cost options were granted to its Interim Executive Chair and Chief Executive Officer, Steve Johnson, over 1,527,101 shares, and to its Chief Financial Officer, Dominic Appleton, over 954,713 shares ("Awards") under the terms of the N Brown Group plc Share Plan 2023.
The number of shares placed under Award was based on the closing mid-market price for the preceding trading day, 5 August 2024, which was 23.6 pence.
The Awards shall vest on the third anniversary of grant, subject to continued service, with a two-year holding period thereafter, and are subject to a performance underpin prior to vesting.
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 | Nil cost options over Ordinary shares of 11 1/19 pence | |||
Identification code | GB00B1P6ZR11 | ||||
b)
| Nature of the transaction
| Grant of options | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Nil cost options | 1,527,101 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | N/A- single transaction | ||||
- Price | |||||
e)
| Date of the transaction
| 6 August 2024 | |||
f)
| Place of the transaction
| Outside a trading venue |
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 | Nil cost options over Ordinary shares of 11 1/19 pence | |||
Identification code | GB00B1P6ZR11 | ||||
b)
| Nature of the transaction
| Grant of options | |||
c)
| Price(s) and volume(s) | ||||
Price(s) | Volume(s) | ||||
Nil cost options | 954,713 | ||||
d)
| Aggregated information | ||||
- Aggregated volume | N/A- single transaction | ||||
- Price | |||||
e)
| Date of the transaction
| 06 August 2024 | |||
f)
| Place of the transaction
| Outside a trading venue |
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 |
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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