7th Dec 2006 13:33
Marks & Spencer Group PLC07 December 2006 Issued: 7 December 2006 NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIESOR THEIR CONNECTED PERSONS Notification made in accordance with Disclosure rule 3.1.4R(1)(b) of theDisclosure Rules. Marks and Spencer Group PLC (the 'Company') was informed on 7 December, 2006that Appleby Trust (Jersey) Limited, as the trustee (the 'Trustee') of the Marks& Spencer Employee Benefit Trust (the 'Trust'), purchased on 6 December 2006, inLondon, four call options over a total of 8,036,000 ordinary shares of 25p eachin the capital of the Company (the 'Optioned Shares') which the Trustee mayexercise between March 2009 and March 2010 at an exercise price per share of540.88p. The call options have been purchased by the Trustee from CitigroupGlobal Markets U.K. Equity Limited and The Royal Bank of Scotland plc to satisfythe vesting of awards under the Company's employee share plans. The OptionedShares represent 0.48% of the issued ordinary shares at the date of thisannouncement. As a result of the purchase of the call options, the number ofordinary shares in the capital of the Company held by the Trustee in the Trustis unchanged at 5,489,094 representing 0.33% of the issued ordinary shares ofthe Company. The following directors, together with all employees, are potentialbeneficiaries of the Trust and are therefore deemed to be interested in theshares held by the Trustee and in any interests in shares held by the Trustee asdescribed above. The directors were not directly connected with the purchaseand have no rights in respect of the call options. • Stuart Rose• Ian Dyson• Steve Sharp For further information please contact:Michael Wallace - 020 8718 7506 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Marks & Spencer