Director/PDMR Shareholding

RNS Number : 7401H

Home Retail Group Plc

26 February 2010

 



Home Retail Group plc (the "Company")

26 February 2010

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. 

Exchange of awards under the GUS Co-Investment Plan

The Company has today received notification from the following persons discharging managerial responsibilities ("PDMRs") that, on 25 February 2010, matching share options granted to them on 27 June 2007 were exchanged for equivalent awards of the Company's ordinary shares. Such equivalent awards continue to be subject to the original award terms. Details of these transactions are set out below.

Name of person discharging managerial responsibility	Matching shares subject to options	Matching shares sold	Shares retained
Richard Ashton	160,546	65,989*	94,557**
Terry Duddy	329,325	135,362*	193,963**
Paul Loft	164,662	67,681*	96,981**
Sara Weller	195,537	80,372*	115,165**

*Sale of shares to satisfy the tax and social security liabilities falling due on the release of shares and to cover the incidental costs of disposal. 

The sale of shares took place on the London Stock Exchange on 25 February 2010, at a price of 256.7445 pence per share.  

** Under normal circumstances, the retained Shares will not be released until 27 June 2010. The release of the retained Shares is also conditional upon continued employment until 27 June 2010.

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

Gordon Bentley

Secretary

 

END

 

 

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