Director/PDMR Shareholding

Currys PLC
03 August 2023
 

3 August 2023

CURRYS PLC

NOTIFICATION OF TRANSACTION OF DIRECTOR

Award under the 2020/21 Deferred Share Bonus Plan ("DSBP")

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 Baldock exercised nil cost options over ordinary shares of 0.1 pence in the Company in respect of the 2020/21 DSBP Award (the "Award") which was granted on the 6 July 2020 under the Deferred Share Bonus Plan.  The Award vested on 6 July 2023, and Alex subsequently exercised a total of 300,610 options, made up of 278,249 options and 22,361 accrued dividend equivalents and sold 141,785 shares to cover the tax liability arising on the transaction.  The remaining 158,825 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 Deferred Share Bonus Plan ("DSBP") 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

300,610

£0.5202

141,785

 

 

d)

Aggregated information

-

Aggregated volume

-

Price

1.    Exercise

Price(s)

Volume(s)

Total

Nil cost

300,610

 £0.00

 

2.    Sale

Price(s)

Volume(s)

Total

£0.5202

141,785

 £73,756.56

e)

Date of the transaction

(DD-MM-YYYY)

01-08-2023

f)

Place of the transaction

London Stock Exchange (XLON)

 

Enquiries:

 

Sarah Thomas    Deputy Company Secretary     +44 (0)7401 373 188

 

Dan Homan       Investor Relations Director      +44 (0)7401 400 442

 

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END
 
 

Companies

Currys (CURY)
UK 100