Information  X 
Enter a valid email address

DFS Furniture PLC (DFS)

  Print   

Tuesday 21 December, 2021

DFS Furniture PLC

Director/PDMR Shareholding

RNS Number : 3234W
DFS Furniture PLC
21 December 2021
 

21  December 2021

DFS Furniture plc

("the Company")

Grant of shares under the Deferred Bonus Plan (the "Plan")

DFS Furniture Plc announces the following transaction by persons discharging managerial responsibility ("PDMR") in ordinary shares of the Company with a nominal value of £0.10 ("Shares") took place on 20 December 2021.

Due to an administrative error by the Company the number of shares granted  to the  Executive Directors under the Deferred Bonus Plan made on 21 October 2021, was incorrectly calculated.  In order to correct that error, the Company has today and in accordance with the scheme rules, granted further shares to Mr Stacey and Mr Schmidt

The awards granted under the Plan are structured as options with a nil exercise price over a number of shares (the "Deferred Awards").

No consideration was paid for the grant of the Deferred Awards.

Details of the  additional share awards under the Deferred Bonus Plan are as follows:

Name

Status

Number of conditional shares awarded

Tim Stacey

Director

28,300

Mike Schmidt

Director

15,852

 

The Deferred Awards will become exercisable on or around 21 October 2024 subject to the Rules of the Plan and the continued employment of the participants. 

Enquiries:

DFS: 

TULCHAN

Liz McDonald (Group Company Secretary)

Philip Hutchinson

James Macey-White

 

   Jessica Reid

 

[email protected]

  [email protected]lchangroup.com

 

 

 

 

NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM

 

1

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

     A. Tim Stacey

   B. Mike Schmidt

 

2

Reason for the notification

a)

Position/status

A. Chief Executive Officer

B. Chief Financial Officer

 

b)

Initial notification /Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

DFS Furniture plc

b)

LEI

213800GDSOBNKS1U1P93

 

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

Grant of options to acquire DFS Furniture plc £0.10 ordinary shares  

 

ISIN: GB00BTC0LB89

 

b)

Nature of the transaction

 

Granting of shares under the DFS Deferred Bonus Plan

c)

Price(s) and volume(s)

 

A.  28,300

N/A   

B.  15,853 

N/A   

 

d)

Aggregated information

- Aggregated volume

- Price

 / 

A.   A.   28,300   

N/A

      B. 15,852   

    N/A

e)

Date of the transaction

 20 December 2021

f)

Place of the transaction  

London

 

 

 

 

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 [email protected] or visit 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.
 
END
 
 
DSHFEUSWFEFSESE

a d v e r t i s e m e n t