HOME RETAIL GROUP PLC (the "Company")
PDMR SHAREHOLDINGS
The Company has today received notification of the following transactions in its
Ordinary Shares of 10 pence each ("ordinary shares") by persons discharging managerial responsibility.
Awards made under the Home Retail Group Performance Share Plan
The Company made awards on 10 May 2010 under the terms of the Company's Performance Share Plan. The awards are subject to performance conditions and the maximum numbers of ordinary shares that could vest for no consideration in the case of each of the persons discharging managerial responsibility are as follows:
Name of person discharging managerial responsibility |
Maximum number of ordinary shares under Award |
Vesting date |
|
|
|
Richard Ashton |
468,750 |
10 May 2013 |
|
|
|
Terry Duddy |
915,178 |
10 May 2013 |
|
|
|
Paul Loft |
479,910 |
10 May 2013 |
|
|
|
Sara Weller |
571,428 |
10 May 2013 |
Awards made under the Home Retail Group Deferred Bonus Plan
The Company made awards on 10 May 2010 under the terms of the Company's Deferred Bonus Plan. The maximum numbers of ordinary shares that could vest over three years for no consideration in the case of each of the persons discharging managerial responsibility are as follows:
Name of person discharging managerial responsibility |
Maximum number of ordinary shares under Award |
Last vesting date |
|
|
|
Richard Ashton |
234,375 |
10 May 2013 |
|
|
|
Terry Duddy |
457,589 |
10 May 2013 |
|
|
|
Paul Loft |
239,955 |
10 May 2013 |
|
|
|
Sara Weller |
285,714 |
10 May 2013 |
Directors' Shareholdings
The following persons discharging managerial responsibility have deferred receipt of part of their net cash bonus for the financial period ended 27 February 2010 until 28 March 2011 and invested it in ordinary shares, as follows:
Name of person discharging managerial responsibility |
Number of ordinary shares purchased |
|
|
Richard Ashton |
70,225 |
|
|
Terry Duddy |
137,107 |
The purchase of shares took place on the London Stock Exchange on 7 May 2010, at a price of 262.8041 pence per share.
Notification of each of the above transactions is now made in accordance with Disclosure Rule 3.1.4R.
Gordon Bentley
Secretary
10 May 2010