REG - Brown (N.) Group PLC - Director/PDMR Shareholdings

N BrownAnnouncement

01/07/2024 12:45

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RNS Number : 6303U  Brown (N.) Group PLC  01 July 2024

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                               +44 (0)7894 608 607

 Simon Woods                                 +44 (0)7719 078 196

                                             nbrown@hawthornadvisors.com

 

 Shore Capital - Nomad and Broker

 Stephane Auton / Daniel Bush / Rachel Goldstein   +44 (0) 20 7408 4090

 Fiona Conroy (Corporate Broking)

 

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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