Director/PDMR Shareholding

RNS Number : 8074Y

Dunelm Group plc

08 December 2017

 

 8 December 2017

Dunelm Group plc

(the "Company")

Notification of Transactions of Connected Parties to Persons Discharging Managerial Responsibilities 

The Company has been notified that on 8 December 2017 the following transactions took place:

WA Capital Limited ("WA Capital"), a company controlled by Will Adderley, Deputy Chairman, and Nadine Adderley his wife, transferred 18,000,000 ordinary shares having a par value of 1 pence each in the capital of the Company, constituting 8.9 % of the Company's issued ordinary share capital, to WA Capital Investments Limited ("WA Capital Investments"), a wholly owned subsidiary of WA Capital, at market value. There was no change in the ultimate beneficial ownership of the shares in the Company as a result of this transfer.

As a result of the transfer above, these additional 18,000,000 ordinary shares having a par value of 1 pence each in the capital of the Company are subject to the security interest granted by WA Capital Investments on 20 September 2016 in favour of Barclays Bank plc, as security for any amounts which may be due from time to time under a facility agreement entered into on that date (as amended from time to time). Details of this were announced by the Company on 21 September 2016. Accordingly an aggregate of 36,000,000 shares in the Company are now pledged by WA Capital Investments Limited in favour of Barclays Bank plc.

WA Capital Investments remains the beneficial owner of the shares subject to the pledge, and retains full voting rights. As such, Will Adderley retains an interest in 55,301,779 shares in the Company, which is unchanged as a result of this announcement, and represents 27.4% of the Company's issued ordinary share capital. Full details of his shareholding are set out below:

	Holding of Dunelm ordinary shares
WA Capital Limited	18,161,779
WA Capital Investments Limited	36,000,000
The Stoneygate Trust	967,250
The Paddocks Discretionary Settlement	172,750
Total holding	55,301,779

This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 ("MAR").

For further information, please contact

Dunelm Group plc Dawn Durrant, Company Secretary	0116 264 4439
MHP Communications
Tim Rowntree	020 3128 8100
Simon Hockridge

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PDMRS AND PERSONS CLOSELY ASSOCIATED WITH THEM

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	WA Capital Limited
2	Reason for the notification
a)	Position/status	Person closely associated with Will Adderley, Deputy Chairman
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Dunelm Group plc
b)	LEI	213800WCQWE13T5DUV19
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	Ordinary Shares ISINGB00BICQ739
b)	Nature of the transaction	Transfer to WA Capital Investments Limited , a wholly owned subsidiary of WA Capital Limited and person closely associated with Will Adderley, Deputy Chairman
c)	Price(s) and volume(s)	Price(s) Volume(s) £6.93 18,000,000
d)	Aggregated information -         Aggregated volume -         Price	18,000,000 £124,700,199.33
e)	Date of the transaction	2017-12- 08
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PDMRS AND PERSONS CLOSELY ASSOCIATED WITH THEM

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	WA Capital Investments Limited
2	Reason for the notification
a)	Position/status	Person closely associated with Will Adderley, Deputy Chairman
b)	Initial notification/Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Dunelm Group plc
b)	LEI	213800WCQWE13T5DUV19
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	Ordinary Shares ISINGB00BICQ739
b)	Nature of the transaction	Security interest in favour of Barclays Bank plc
c)	Price(s) and volume(s)	Price(s) Volume(s) 1 N/A 18,000,000
d)	Aggregated information -         Aggregated volume -         Price	18,000,000 N/A
e)	Date of the transaction	2017-12-08
f)	Place of the transaction	London Stock Exchange, Main Market (XLON)

 

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