Director/PDMR Shareholding

RNS Number : 6235Z

Dunelm Group plc

24 September 2009

 



24 September 2009

DUNELM GROUP plc

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS

Conditional awards over ordinary shares in Dunelm Group plc in the form of a nil cost option have been granted to Will Adderley, Chief Executive and David Stead, Finance Director, under the Company's Long Term Incentive Plan (LTIP) on 24 September 2009. 

The maximum award under the LTIP is 120% of basic salary for each executive director. This will vest, subject to the performance conditions, following publication of results for the year to 30 June 2012.  

Using a closing mid price on 18 September 2009 of 316p, awards have been granted as follows: 

Will Adderley: conditional award over 123,949 shares 

Basic salary	Basic x 120%	Share price	No. of shares under award	Total no. of LTIP options held
£326,400	£391,680	£3.16	123,949	724,572

David Stead: conditional award over 85,215 shares 

Basic salary	Basic x 120%	Share price	No. of shares under award	Total no. of LTIP options held
£224,400	£269,280	£3.16	85,215	490,515

- 

In addition to the LTIP options noted above, Will Adderley and David Stead each have 7,710 options under the Company's Save as You Earn Option Scheme.

For further information:        

David Stead

0116 2644400

 

END

 

 

RDSCKQKNNBKDKCB