Next PLC Directors Acquire Shares as Part of Long Term Incentive Plan

Next PLC has announced that on April 8, 2024, several Persons Discharging Managerial Responsibilities (PDMRs) acquired shares in the company as part of the vesting of share awards under the March 2021 - 2024 Next Long Term Incentive Plan (LTIP). The shares acquired by the PDMRs, including Lord Wolfson of Aspley Guise, Amanda James, Richard Papp, and Jane Shields, are subject to a minimum holding period of 2 years.

Lord Wolfson of Aspley Guise, the Chief Executive, acquired 6,834 shares, while Amanda James, Group Finance Director, acquired 4,161 shares. Richard Papp, Group Merchandise and Operations Director, and Jane Shields, Group Sales, Marketing and HR Director, each acquired 4,033 shares. These share awards are after settlement of income tax and employees' national insurance contributions.

The acquisition of shares at nil cost as part of the vesting of the share awards under the LTIP was conducted outside a trading venue. The nature of the transaction was the acquisition of ordinary shares of £0.10 each. The aggregated information and price were not disclosed. The date of the transaction was April 8, 2024.

This notification is made under article 19 of the UK Market Abuse Regulation, and it provides transparency regarding the acquisition of shares by PDMRs and Persons Closely Associated with Them.