N Brown Group PLC has announced the issuance of 235,681 ordinary shares to its Interim Executive Chair and CEO, Steve Johnson, and 149,061 ordinary shares to its Chief Financial Officer, Dominic Appleton. These shares represent 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. The shares were issued from the Company's Employee Share Ownership Trust and are subject to a two-year holding period.
The notifications made in accordance with the UK Market Abuse Regulation provide further detail on the transactions. The shares were awarded under the Company's bonus scheme, with a price of nil, and the transactions took place off-market on 28 June 2024.
For further information, individuals can contact N Brown Group's Head of Investor Relations, David Fletcher, or Hawthorn Advisors' Henry Lerwill and Simon Woods. Additionally, Shore Capital serves as the Nomad and Broker for N Brown Group.
N Brown Group PLC is a leading digital fashion retailer with a strong presence in the UK.