Director/PDMR Shareholding

RNS Number : 6547L

Home Retail Group Plc

10 May 2010

 



HOME RETAIL GROUP PLC (the "Company") 

PDMR SHAREHOLDINGS 

The Company has today received notification of the following transactions in its

Ordinary Shares of 10 pence each ("ordinary shares") by persons discharging managerial responsibility. 

Awards made under the Home Retail Group Performance Share Plan 

The Company made awards on 10 May 2010 under the terms of the Company's Performance Share Plan.  The awards are subject to performance conditions and the maximum numbers of ordinary shares that could vest for no consideration in the case of each of the persons discharging managerial responsibility are as follows:

Name of person discharging managerial responsibility	Maximum number of ordinary shares under Award	Vesting date
Richard Ashton	468,750	10 May 2013
Terry Duddy	915,178	10 May 2013
Paul Loft	479,910	10 May 2013
Sara Weller	571,428	10 May 2013

Awards made under the Home Retail Group Deferred Bonus Plan

The Company made awards on 10 May 2010 under the terms of the Company's Deferred Bonus Plan. The maximum numbers of ordinary shares that could vest over three years for no consideration in the case of each of the persons discharging managerial responsibility are as follows:

Name of person discharging managerial responsibility	Maximum number of ordinary shares under Award	Last vesting date
Richard Ashton	234,375	10 May 2013
Terry Duddy	457,589	10 May 2013
Paul Loft	239,955	10 May 2013
Sara Weller	285,714	10 May 2013

Directors' Shareholdings

The following persons discharging managerial responsibility have deferred receipt of part of their net cash bonus for the financial period ended 27 February 2010 until 28 March 2011 and invested it in ordinary shares, as follows:

Name of person discharging managerial responsibility	Number of ordinary shares purchased
Richard Ashton	70,225
Terry Duddy	137,107

The purchase of shares took place on the London Stock Exchange on 7 May 2010, at a price of 262.8041 pence per share.  

Notification of each of the above transactions is now made in accordance with Disclosure Rule 3.1.4R.

Gordon Bentley 

Secretary 

10 May 2010

 

END

 

 

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