Director/PDMR Shareholding

RNS Number : 8672D

Dunelm Group plc

19 September 2008

 



19 September 2007

Grant of conditional awards over ordinary shares to Directors under the 2008/2009 Long Term Incentive Programme (LTIP)

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 2008/2009 LTIP on 18 September 2008.

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 2011. 

Using a closing mid price on 18 September 2008 of 148p, awards have been granted as follows:

Will Adderley: conditional award over 259,459 shares

Basic salary	Basic x 120%	Share price	No. of shares under award	Total no. of options held
£320,000	£384,000	£1.48	259,459	607,007

David Stead: conditional award over 178,378 shares

Basic salary	Basic x 120%	Share price	No. of shares under award	Total no. of options held
£220,000	£264,000	£1.48	178,378	411,476

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