Director/PDMR Shareholding

RNS Number : 3686H

Currys PLC

05 April 2022

 

5 April 2022

CURRYS PLC

NOTIFICATION OF TRANSACTION OF DIRECTOR

Currys plc Buyout Award.

In accordance with the requirements of DTR 3.1 and Market Abuse Regulation Article 19, Currys plc (the 'Company') announces the following share transaction undertaken by Alex Baldock, Group Chief Executive (a PDMR).

Alex exercised the second tranche of the Company granted Buyout Award (the "Award") which was granted under Listing Rule 9.4.2(2) on 3 April 2018, and then vested on 6 April 2021 . The second tranche of the award then became exercisable on the 4 April 2022. The exercise of nil cost options over ordinary shares of 0.1 pence will be settled using market purchase shares.

Alex exercised a total of 374,654 options, made up of 329,693 options and 44,961 accrued dividend equivalents and sold 176,707 shares to cover the tax liability arising on the transaction.  The remaining 197,947 shares were retained.

PMDR DEALING NOTIFICATION
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Alex Baldock
2	Reason for the notification
a)	Position/status	Group Chief Executive
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer
a)	Name	Currys plc
b)	LEI	2138001E12GWLLDQQF16
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument	Ordinary shares of 0.1p each in Currys plc
	Identification code	GB00B4Y7R145
b)	Nature of the transaction	Exercise of a share option under the Currys Long Term Incentive Plan ("LTIP") and sale of shares to cover the tax and NIC arising from the exercise
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil cost 374,654 £0.9609 176,707
d)	Aggregated information - Aggregated volume - Price	1.  Exercise Price(s) Volume(s) Total Nil cost 374,654  0.00 2.  Sale Price(s) Volume(s) Total £0.9609 176,707  169,798
e)	Date of the transaction (DD-MM-YYYY)	04-04-2022
f)	Place of the transaction	London Stock Exchange (XLON)

Enquiries:

Sarah Thomas  Deputy Company Secretary  [phone]

Dan Homan   Investor Relations Director  [phone]

 

END

 

 

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