Director/PDMR Shareholding

RNS Number : 5931F
Dunelm Group plc
08 November 2022
 

8 November 2022

 

DUNELM GROUP plc

 

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS EXERCISING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS

LTIP Award Exercise by Nick Wilkinson

Dunelm Group plc (the "Company") has been notified by Nick Wilkinson, Chief Executive Officer, that on 7 November 2022 he exercised 152,025 nil cost options over ordinary shares of one pence each in the Company. These options were granted to him on 16 October 2019 under the terms of the Long-Term Incentive Plan. Mr Wilkinson has sold 47,104 ordinary shares at a price of 927p per share to partially fund the tax and national insurance due in respect of this exercise, the remainder of his tax liability will be settled in cash. By paying part of his tax and national insurance liability in cash rather than by sale of shares, Mr Wilkinson has satisfied his obligation to invest two thirds of his cash bonus received for the FY21-22 financial year (after payment of tax and national insurance) in Dunelm shares, as set out in the approved Remuneration Policy.  Mr Wilkinson will retain the balance of the shares in accordance with the shareholding guidelines set out in the approved Remuneration Policy.  

Total interests in shares

Following the transactions 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

371,330

 

Nick Wilkinson also holds 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 (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

Long Term Incentive Plan (subject to performance)

139,765

Nil

Between 27 October 2025 and 27 October 2032

 



 

For further information please contact: 

 

Dunelm Group plc

Dawn Durrant, Company Secretary

 

 

InvestorRelations@dunelm.com

 

 

MHP Communications

 

 

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

 

Identification code

 

Ordinary shares of one pence each 

 

 

ISINGB00BICQ739 

 

b)

 

Nature of the transaction

 

 

Exercise of nil cost options under the Long Term Incentive Plan

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£Nil

152,025

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 152,025

 

 

£Nil

 

e)

 

Date of the transaction

 

 

2022.11.07

f)

 

Place of the transaction

 

 

London Stock Exchange (XLON)

 

 

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

 

Identification code

 

Ordinary shares of one pence each 

 

 

ISINGB00BICQ739 

 

b)

 

Nature of the transaction

 

 

Sale of shares to partially cover income tax and national insurance liability on exercise of nil cost options under the Long Terms Incentive Plan

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£9.27

47,104

 

 

d)

 

Aggregated information

 

 

- Aggregated volume

 

 

- Price

 

 

 

 

 47,104

 

 

£9.27

 

e)

 

Date of the transaction

 

 

2022.11.07

f)

 

Place of the transaction

 

 

London Stock Exchange (XLON)

 

 

 

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