On September 25, 2023, several Persons Discharging Managerial Responsibility (PDMRs) at NEXT plc acquired shares in the company as part of the vesting of share awards under the September 2020-2023 Next Long Term Incentive Plan (LTIP). The PDMRs include Lord Wolfson of Aspley Guise, Chief Executive; Amanda James, Group Finance Director; Richard Papp, Group Merchandise and Operations Director; and Jane Shields, Group Sales, Marketing and HR Director. The number of shares acquired by each individual is as follows: Lord Wolfson - 7,558 shares, Amanda James - 4,603 shares, Richard Papp - 4,461 shares, and Jane Shields - 4,461 shares. These share awards are after settlement of income tax and employees' national insurance contributions.
The acquisition of shares was made at nil cost as part of the vesting of the share awards. The nature of the transaction is the acquisition of shares, and the price for each transaction was nil. The aggregated information for the transactions is not applicable as they were single transactions. The date of the transaction was September 25, 2023, and the place of the transaction was outside a trading venue.
This notification is made under article 19 of the UK Market Abuse Regulation. The shares acquired by the PDMRs must be held for a minimum period of 2 years.