Director/PDMR Shareholding

RNS Number : 4854T

DFS Furniture PLC

15 November 2019

 

15 November 2019

DFS Furniture plc

Vesting of Awards pursuant to the Company's Restricted Share Plan ("RSP")

DFS Furniture plc, announces that on 15 November 2019 an award granted on 16 November 2017 pursuant to the Company's RSP to Tim Stacey, in the form of a conditional share award ("Award") over ordinary shares of £1.50 pence each in the Company ("Ordinary Shares") vested in part.  In accordance with the deed of grant 30% of the Award vested on the second anniversary of the deed of grant with the remaining 70% of the Award vesting on the third anniversary of the deed of grant.  The Award was granted to Tim Stacey prior to his appointment as an Executive Director

Director / PDMR	Position	Number of Ordinary Shares under the Awards	Number of Ordinary Shares vested under the Awards
Tim Stacey	Chief Executive Officer	152,119	45,635

Enquiries:

DFS: (enquiries via Tulchan)	TULCHAN
Liz McDonald (Group Company Secretary)	James Macey-White
Phil Hutchinson (Investor Relations)	Jessica Reid
[e-mail]	Amber Ahluwalia
	[e-mail]

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	A.  Tim Stacey
2	Reason for the notification
a)	Position/status	A.   Chief Executive Officer B
b)	Initial notification /Amendment	Initial notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	DFS Furniture plc
b)	LEI	213800GDSOBNKS1U1P93
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 Identification code	Vesting of options to acquire DFS Furniture plc £1.50 ordinary shares   ISIN: GB00BTC0LB89
b)	Nature of the transaction	Vesting of conditional share award to acquire DFS Furniture ordinary shares under the DFS Furniture plc Restricted Share Plan
c)	Price(s) and volume(s)	A.   Price nil B.   Volume  45,635
d)	Aggregated information - Aggregated volume - Price	Volume 45,635 (single transaction) nil
e)	Date of the transaction	15  November 2019
f)	Place of the transaction	Outside a trading venue

 

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