Director/PDMR Shareholding

RNS Number : 9592T

DFS Furniture PLC

30 March 2021

 

30 March  2021

DFS Furniture plc

(the "Company" or the "Group")

Notification of PDMR Transactions

DFS Furniture PLC announces that a Person Discharging Managerial Responsibilities (PDMR) and a person closely associated with them, have today completed the sale of part of their beneficial interest in the Company.

Tim Stacey, Chief Executive Officer has today sold a total of 10,560 ordinary shares of 0.10 pence each in the capital of the Company ("Ordinary Shares") at an average price of £2.63 per Ordinary Share and his wife Julia Stacey, has  sold 5,280 at £2.60 per Ordinary Share, in line with their long-term financial planning.  Tim will retain a holding of 523,364 Ordinary Shares in the Company.

Enquiries:

DFS:	TULCHAN
Liz McDonald (Group Company Secretary) Phil Hutchinson (Investor Relations)	James Macey-White
	Jessica Reid
	Amber Ahluwalia
[e-mail]	[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 B.  Julia Stacey
2	Reason for the notification
a)	Position/status	A.  Chief Executive Officer   B.  Person Closely Associated
b)	Initial notificion /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	DFS Furniture plc £0.10 ordinary shares   ISIN: GB00BTC0LB89
b)	Nature of the transaction	Sale of Shares
c)	Price(s) and volume(s)	A.  £2.60  5,280 A  2.66   5,280 B.  £2.60    5,280
	Aggregated information - Aggregated volume - Price	/  A.  10,560  B.  5,280 A.  £ 27,799.20 B.  £ 13,754.40    .
e)	Date of the transaction	30 March 2021
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 About DFS Furniture plc

The Group is the clear market-leading retailer of living room furniture in the United Kingdom. We design, manufacture, sell and deliver to our customers an extensive range of furniture products. The business operates an integrated physical and digital retail network of living room furniture showrooms and web sites in the United Kingdom and other European countries, trading through our leading brands. The Group has been established and developed gradually over 50 years of operating history. We attract customers through our substantial and continued investment in nationwide marketing activities and our reputation for high quality products and service, breadth of product ranges and price points and favourable consumer financing options.

 

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