Director/PDMR Shareholding

RNS Number : 9047S

Dunelm Group plc

28 November 2011

 



DUNELM GROUP plc

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL

RESPONSIBILITY AND CONNECTED PERSONS

28 November 2011

LTIP awards to Executive Directors

Conditional awards under the Company's Long-Term Incentive Plan (LTIP) have been granted today over ordinary shares in Dunelm Group plc, in the form of a nil cost option, to the following executive directors: Will Adderley, Deputy Chairman, Nick Wharton, Chief Executive, and David Stead, Finance Director.

The maximum award under the LTIP is 150% of basic salary for each executive director.

The awards will vest, subject to continued employment and to the performance conditions being met, following publication of the Company's results for the year to 30 June 2014.   

Using a closing mid price on 25 November 2011 of £4.31 awards have been granted

as follows:  

	Basic salary	150% of basic salary	Share price	Number of shares in award	Total number of LTIP options held after this award
Will Adderley	£265,000	£397,500	£4.31	92,227	288,790
Nick Wharton	£400,000	£600,000	£4.31	139,211	393,684
David Stead	£258,800	£388,200	£4.31	90,070	236,120

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 2644356

 

END

 

 

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