Original
RNS Number : 0137P
Dunelm Group plc
18 October 2012
 



 

18 October 2012

 

DUNELM GROUP plc

 

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

 

Dunelm Group plc (the "Company") has been notified of the following dealings in the Company's shares by its directors and their connected persons: 

Will Adderley

On 15 October 2012, Will Adderley transferred 123,949 ordinary shares of 1 pence each to his wife, Nadine Adderley, for nil consideration.

On 18 October 2012, Will Adderley exercised nil cost options under the Company's Long Term Incentive Plan over 123,949 ordinary shares of 1 pence each. 

Following the transactions set out above, Mr Adderley's beneficial interest in ordinary shares of 1 pence each in the Company is as follows:


No of shares of 1 pence each

Percentage holding

 

Will Adderley

 

11,103,398

 

5.48

 

W A Capital Limited

 

50,600,000

 

24.98

 

Nadine Adderley

 

123,949

 

0.06

 

Total beneficial interest

 

61,827,347

 

30.53

 

W A Capital Limited is a private limited company established by Will Adderley to act as a long term holding company for his beneficial interest in the Company. Will Adderley is the sole director and shareholder of W A Capital Limited, which is UK resident for tax purposes.

Nadine Adderley is Will Adderley's wife.

Mr Adderley is also deemed to hold a legal interest in 1,167,250 ordinary shares of 1 pence each in the Company which are held by The Leicester Foundation, a private charitable trust of which he and his wife are the trustees; and in 172,750 ordinary shares of 1 pence each in the Paddocks Trust, a private family trust of which he and his wife are the trustees but not beneficiaries. Taking into account these holdings, Will Adderley's total legal and beneficial interest in the Company is 63,167,347 ordinary shares of 1 pence each, 31.19% of the issued ordinary share capital.

 

 

David Stead 

On 18 October 2012, David Stead, the Finance Director, exercised nil cost options under the Company's Long Term Incentive Plan over 85,215 ordinary shares of 1 pence each.  Mr Stead has sold 43,460 ordinary shares of 1 pence each at a price of 679.4 pence per share, to fund his tax and national insurance liability in respect of the exercise of the options. Mr Stead has then transferred 41,755 ordinary shares of 1 pence each to his wife, Jane Stead, for nil consideration. 

Following the transactions set out above, Mr Stead is beneficially interested in 667,181 ordinary shares of 1 pence each in the Company, 0.33 % of the Company's issued ordinary share capital.

 

Simon Emeny

On 17 October 2012, Simon Emeny transferred 26,400 ordinary shares of 1 pence each to his wife, Selina Emeny, for nil consideration. Following this transfer Mr Emeny's beneficial holding in the Company remains unchanged at 26,400 ordinary shares, 0.01% of the issued ordinary share capital.

 

For further information please contact:

 

Dunelm Group plc

 

 

Nick Wharton, Chief Executive

David Stead, Finance Director

0116 2644 356



 

MHP Communications

 

 

John Olsen

020 3128 8100

Simon Hockridge


 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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