REG - Dunelm Group plc - Director/PDMR Shareholding
21/11/2023 15:30
For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231121:nRSU1810Ua&default-theme=true
RNS Number : 1810U Dunelm Group plc 21 November 2023
21 November 2023
DUNELM GROUP PLC
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS EXERCISING MANAGERIAL
RESPONSIBILITY AND CONNECTED PERSONS
Share purchase
Dunelm Group plc (the "Company") has been notified of the following purchase
in its ordinary shares of one pence each:
Name of Director and position Date of purchase No of shares Price per share Beneficial holding following dealing
Nick Wilkinson 20 November 2023 10,843 £10.91 382,173
Chief Executive Officer (0.19%)
This purchase of shares satisfies Nick Wilkinson's obligation to invest
two-thirds of his FY23 cash bonus (after payment of tax and national
insurance) in Dunelm shares, as set out in the Company's approved Remuneration
Policy.
LTIP Grant
On 21 November 2023 share incentive awards were granted over ordinary shares
of one pence each in the Company, in the form of a nil cost option under the
Dunelm Group 2014 Long Term Incentive Plan to the following persons
discharging managerial responsibilities:
PDMR Number of shares under award
Nick Wilkinson 126,725
Karen Witts 87,096
Luisa Wright 24,193
James Cooper 4,645
In the case of Nick Wilkinson, Karen Witts and Luisa Wright, the options may
be exercised on or after 21 November 2026, subject to the satisfaction of
performance conditions over the three financial periods commencing on 2 July
2023. These performance conditions are detailed in the Company's FY23 Annual
Report. In the case of James Cooper, the options may be exercised on or after
21 November 2025, subject to the satisfaction of performance conditions.
On exercise, Nick Wilkinson and Karen Witts have each committed to retain
(after sale to cover tax and national insurance liability on exercise), at
least two thirds of these 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 2023 Remuneration
Policy ("2023 Policy") approved on 16 November 2023.
In line with its 2023 Policy, the Remuneration Committee can apply malus or
clawback to the award and has discretion to vary formulaic outturns where this
does not reflect underlying performance or is inappropriate in the context of
unexpected or unforeseen circumstances.
SAYE grant
In addition, on 21 November 2023, as part of its all-employee Sharesave scheme
for 2023, options were granted over ordinary shares of one pence each in the
Company under the Dunelm Group 2014 Sharesave Plan and Luisa Wright, a person
discharging managerial responsibilities elected to participate at an option
price of £8.10 per share.
For further information please contact:
Dunelm Group plc
Luisa Wright/Simon Hockridge InvestorRelations@dunelm.com (mailto:InvestorRelations@dunelm.com)
MHP Communications
Rachel Farrington/Charles Hirst dunelm@mhpc.com (mailto:dunelm@mhpc.com)
DUNELM GROUP PLC
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITIES
Share purchase
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 Officer
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 Purchase
c) Price(s) and volume(s)
Price(s) Volume(s)
£10.91 10,843
d) Aggregated information
- Aggregated volume 10,843
- Price £10.91
e) Date of the transaction 2023.11.20
f) Place of the transaction London Stock Exchange (XLON)
d)
Aggregated information
- Aggregated volume
- Price
10,843
£10.91
e)
Date of the transaction
2023.11.20
f)
Place of the transaction
London Stock Exchange (XLON)
LTIP grant
1 Details of the person(s) discharging managerial responsibilities / person
closely associated
a) Name 1. Nick Wilkinson
2. Karen Witts
3. Luisa Wright
4. James Cooper
2 Reason for the notification
a) Position/status 1. Chief Executive
2. Chief Financial Officer
3. PDMR
4. PDMR
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 Grant of nil-cost share options conditional on future performance in
accordance with the Company's long term incentive plan
c) Price(s) and volume(s)
Price(s) Volume(s)
1. £Nil 126,725
2. £Nil 87,096
3. £Nil 24,193
4. £Nil 4,645
d) Aggregated information
- Aggregated volume Single transaction for each individual
- Price
e) Date of the transaction 2023.11.21
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
Single transaction for each individual
e)
Date of the transaction
2023.11.21
f)
Place of the transaction
Outside a trading venue
SAYE grant
1 Details of the person discharging managerial responsibilities / person closely
associated
a) Name Luisa Wright
2 Reason for the notification
a) Position/status PDMR
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 Grant of share options under the Dunelm 2014 Sharesave Plan
c) Price(s) and volume(s)
Price(s) Volume(s)
1. £8.10 1,145
d) Aggregated information
- Aggregated volume 1,145
- Price £8.10
e) Date of the transaction 2023.11.21
f) Place of the transaction Outside a trading venue
d)
Aggregated information
- Aggregated volume
- Price
1,145
£8.10
e)
Date of the transaction
2023.11.21
f)
Place of the transaction
Outside a trading venue
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
or visit
www.rns.com (http://www.rns.com/)
.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
. END DSHNKDBDPBDDQDBRecent news on Dunelm
See all newsREG - Dunelm Group plc - Third quarter trading update
AnnouncementREG - Dunelm Group plc - Block Listing Six Monthly Return
AnnouncementREG - Dunelm Group plc - Director Declaration
AnnouncementREG - Dunelm Group plc - Total Voting Rights
AnnouncementREG - Dunelm Group plc - Directorate Change
Announcement