1. Name of the issuer |
2. State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006). |
N BROWN GROUP PLC |
(i) and (ii) |
3. Name of person discharging managerial responsibilities/director |
4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person |
ANGELA SPINDLER |
N/A |
5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non beneficial interest |
6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares |
NOTIFICATION IN RESPECT OF PERSON NAMED IN 3 ABOVE. |
11 1/19P ORDINARY SHARES |
7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them |
8. State the nature of the transaction |
N/A |
GRANT OF NIL COST OPTION MADE IN ACCORDANCE WITH THE N BROWN GROUP PLC 2014 LONG TERM INCENTIVE PLAN |
9. Number of shares, debentures or financial instruments relating to shares acquired |
10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) |
N/A |
N/A |
11. Number of shares, debentures or financial instruments relating to shares disposed |
12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) |
N/A |
N/A |
13. Price per share or value of transaction |
14. Date and place of transaction |
N/A |
N/A |
15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) |
16. Date issuer informed of transaction |
|
9 JUNE 2015 |
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes |
17. Date of Award |
18. Period during which or date on which exercisable |
9 JUNE 2015 |
THE VESTING OF THE AWARD IS SUBJECT TO THE SATISFACTION OF PERFORMANCE CONDITIONS SET BY THE REMUNERATION COMMITTEE OF THE COMPANY. THE AWARDS WILL NORMALLY VEST ON THE LATER OF THE THIRD ANNIVERSARY OF GRANT AND THE DETERMINATION OF THE PERFORMANCE CONDITIONS, AND WILL THEN NORMALLY REMAIN EXERCISABLE UNTIL THE DAY BEFORE THE TENTH ANNIVERSARY OF THE DATE OF GRANT, PROVIDED THE INDIVIDUAL REMAINS AN EMPLOYEE OR OFFICER OF THE COMPANY'S GROUP. |
19.Total amount paid (if any) for grant of the option |
20. Description of shares or debentures involved (class and number) |
NIL |
238,087 11 1/19P ORDINARY SHARES |
21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise |
22. Total number of shares or debentures over which options held following notification |
NIL COST |
905,626 |
23. Any additional information |
24. Name of contact and telephone number for queries |
. |
PETER TYNAN
0161 238 2299 |