RNS Number : 7204D
Brown (N.) Group PLC
08 July 2016
 

Annex DTR3

 

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

All relevant boxes should be completed in block capital letters.

 

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

 

 


DIRECTOR'S HOLDING


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

 SANNE FIDUCIARY SERVICES LIMITED AS TRUSTEE OF THE N BROWN GROUP PLC EMPLOYEE BENEFIT TRUST

 

8.

State the nature of the transaction

ACQUISITION OF SHARES ON EXERCISE OF SHARE OPTIONS UNDER AN AWARD DATED  2 AUGUST 2013 AND SUBSEQUENT SALE OF A PROPORTION OF THE SHARES ACQUIRED TO COVER TAX LIABILITY

 

 

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)

 


220,338


0.0777%

11.

Number of shares, debentures or financial

instruments relating to shares disposed

 

106,629

12.

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

0.0376%

13.

Price per share or value of transaction

£1.74 (exercise)

 

 

£1.70 (sale)

14.

Date and place of transaction

4 July 2016 - EXERCISE AT N BROWN GROUP EMPLOYEE TRUSTEES' OFFICE IN JERSEY

5 July 2016 - SALE AT LONDON STOCK EXCHANGE

15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

             226,937         0.08%

16.

Date issuer informed of transaction

       

 5 July 2016

 

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

  

19.

Total amount paid (if any) for grant of the option

 

20.

Description of shares or debentures involved (class and number)

    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

 

23.

Any additional information

 

24.

Name of contact and telephone number for queries

 




DANIEL CROPPER
0161 238 2726

Name of authorised official of issuer responsible for making notification

Theresa Casey, Company Secretary

Date of notification     8 July 2016

Notes:    This form is intended for use by an issuer to make a RIS notification required by DR 3.3. 

(1)

An issuer making a notification in respect of a transaction relating to the shares or debentures of the issuer should complete boxes 1 to 16, 23 and 24.

(2)

An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3)

An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4)

An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.

 


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