Grant of Awards under the 2015 LTIP

RNS Number : 8758R
DFS Furniture plc
14 December 2016
 

14 December 2016

DFS Furniture plc

Grant of Awards under the 2015 Long-Term Incentive Plan (the "LTIP")

DFS Furniture plc ("DFS" or "the Company") announces that the Directors and PDMRs named below were granted conditional share awards using a price of 224p per Ordinary Share in the Company on 15 November 2016, as performance share awards under the LTIP.

No consideration was payable for the grant of the awards.  Performance share awards under the plan will vest after a three year performance period, subject to achievement of the performance measures and continued employment conditions.  The performance measures are targets based on adjusted EPS and relative total shareholder return measures for the Company.

Details of the performance share awards are as follows:

Name

Status

Number of conditional shares awarded

Ian Filby

Director

249,612

Nicola Bancroft

Director

107,143

Nick Collard

PDMR

105,000

Tim Stacey

PDMR

105,000

Toni Wood

PDMR

37,000

Scott Fishburn

PDMR

37,000

Enquiries:

DFS (enquiries via FTI)

FTI Consulting

Paul Walker (Group Company Secretary)

Jonathon Brill

 

Georgina Goodhew

 

Eleanor Purdon

 

+44 (0) 20 3727 1000

 

dfsfurniture@fticonsulting.com

 

About DFS Furniture plc

 

DFS is the clear market leading retailer of upholstered furniture in the United Kingdom. We design, manufacture, sell and deliver to our customers an extensive range of upholstered furniture products. The business operates a retail network of upholstered furniture stores in the United Kingdom and Europe, together with an online channel. These have been established and developed gradually over more than 45 years of operating history.  We attract customers to our stores and website 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. 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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