REG - Dunelm Group plc - Director/PDMR Shareholding

DunelmAnnouncement

16/09/2022 07:00

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RNS Number : 6738Z  Dunelm Group plc  16 September 2022

16 September 2022

 

 

 DUNELM GROUP plc

(the "Company" or "Dunelm")

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL

RESPONSIBILITY AND CONNECTED PERSONS

 
 

 

Share bonus awards vesting to Nick Wilkinson

 

On 15 September 2022 share incentive awards vested to Nick Wilkinson, Chief
Executive under the Dunelm 2020 Share Plan, in respect of ordinary shares of
one pence each in the Company.

 

Details are set out below:

 

 Name            Description                                                          Number of shares vesting
 Nick Wilkinson  Second tranche of Share Bonus award in respect of FY20 annual bonus  6,274

                 Second tranche of Share bonus award in respect of FY21 annual bonus  25,992
                 Total                                                                32,266

 

Mr Wilkinson sold 15,616 shares at a price of £7.50 per share to fund the
payment of his income tax and national insurance liabilities and dealing costs
on exercise and retained the balance of 16,650 shares.

 

Notes:

 

1.         The awards were made in accordance with the 2020
Remuneration Policy approved by shareholders on 17 November 2020 (the "2020
Policy").

 

2.         The award in respect of the FY20 annual bonus was not
subject to performance as the quantum reflects bonus earned in that year after
applying performance criteria.

3.         The award in respect of the FY21 annual bonus was subject to
the satisfaction of performance criteria in respect of the FY21 financial
year, which was determined in September 2021.  The number of shares above is
the number vesting after applying these criteria. Full details were set out in
the FY21 annual report.

4.         Special dividend equivalents have been paid in respect of
shares vesting under both tranches of the awards in respect of the special
dividends of 65p per share paid on 8 October 2021 and of 37p per share paid on
18 March 2022. These were paid in shares and added to the number of shares
vesting as set out above. Details will be set out in the FY22 annual report.

5.         On exercise, Mr Wilkinson has committed to retain at least
two thirds of the shares vesting (after sale to cover his tax and national
insurance liability on exercise) for the duration of employment.  In
addition, shareholding requirements apply for the duration of employment and
for two years from termination of employment, as set out in the 2020 Policy.

 

6.         The award is subject to adjustment, malus and clawback as
set out in the 2020 Policy and the rules of the plan.

Total interests in shares

 

Following the transaction set out above, Mr Wilkinson is beneficially
interested in ordinary shares of one pence each in the Company as follows:

 Director        Number of ordinary shares
 Nick Wilkinson  266,409

 

Nick Wilkinson also hold options over the Company's ordinary shares as
follows:

 Name            Share scheme                                       Number of shares  Exercise price per share  Exercise dates
 Nick Wilkinson  Long Term Incentive Plan                            134,984          Nil                       Between 16 October 2022 and 15 October 2029
 Nick Wilkinson  Long Term Incentive Plan (subject to performance)    94,846          Nil                       Between 20 November 2023 and 19 November 2030
 Nick Wilkinson  Long Term Incentive Plan (subject to performance)  89,078            Nil                       Between 20 October 2024 and 19 October 2031
 Nick Wilkinson  2022-2024 Sharesave                                1,720             1,046p                    Between 1 January 2025 and 30 June 2025

 

 
-Ends-

Name of authorised Company official responsible for making this notification:

 

Dawn Durrant, Company Secretary

 

 

For further information please contact:

 

Dunelm Group plc

 
investorrelations@dunelm.com

Dawn Durrant, Company Secretary

 

MHP Communications
                        07710 032 657

Simon Hockridge / Rachel Farrington / Pete Lambie
dunelm@mhpc.com

 DUNELM GROUP PLC

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITIES

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Nick Wilkinson

 2    Reason for the notification

 a)   Position/status                                              Chief Executive

 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                                                          213800WCOWEI3T5DUV19

 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  Ordinary shares of one pence each

      Identification code

                                                                   ISINGB00BICQ739

 b)   Nature of the transaction                                    Vesting of nil cost options under the Dunelm 2020 Share Plan

 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   Nil       32,266

 

 d)   Aggregated information

      - Aggregated volume                                          32,266

      - Price                                                       Nil

 e)   Date of the transaction                                      2022.09.15

 f)   Place of the transaction                                     London Stock Exchange (XLON)

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

32,266

 

 

 Nil

e)

 

Date of the transaction

 

 

2022.09.15

f)

 

Place of the transaction

 

 

London Stock Exchange (XLON)

 

 

 

DUNELM GROUP PLC

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITIES

 

 1    Details of the person discharging managerial responsibilities / person closely

    associated

 a)   Name                                                         Nick Wilkinson

 2    Reason for the notification

 a)   Position/status                                              Chief Executive

 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                                                          213800WCOWEI3T5DUV19

 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  Ordinary shares of one pence each

      Identification code

                                                                   ISINGB00BICQ739

 b)   Nature of the transaction                                    Disposal to fund income tax and National Insurance liability on exercise of

                                                            share incentive awards.

 c)   Price(s) and volume(s)

Price(s)  Volume(s)

                                                                   £7.50     15,616

 

 d)   Aggregated information

      - Aggregated volume                                           15,616

      - Price                                                      £7.50

 e)   Date of the transaction                                      2022.09.15

 f)   Place of the transaction                                     London Stock Exchange (XLON)

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 15,616

 

 

£7.50

e)

 

Date of the transaction

 

 

2022.09.15

f)

 

Place of the transaction

 

 

London Stock Exchange (XLON)

 

 

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