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RNS Number : 6235Z
Dunelm Group plc
24 September 2009
24 September 2009
DUNELM GROUP plc
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY AND CONNECTED PERSONS
Conditional awards over ordinary shares in Dunelm Group plc in the form of a nil
cost option have been granted to Will Adderley, Chief Executive and David Stead,
Finance Director, under the Company's Long Term Incentive Plan (LTIP) on 24
September 2009.
The maximum award under the LTIP is 120% of basic salary for each executive
director. This will vest, subject to the performance conditions, following
publication of results for the year to 30 June 2012.
Using a closing mid price on 18 September 2009 of 316p, awards have been granted
as follows:
Will Adderley: conditional award over 123,949 shares
Basic salary Basic x 120% Share price No. of shares under award Total no. of LTIP options held
£326,400 £391,680 £3.16 123,949 724,572
David Stead: conditional award over 85,215 shares
Basic salary Basic x 120% Share price No. of shares under award Total no. of LTIP options held
£224,400 £269,280 £3.16 85,215 490,515
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In addition to the LTIP options noted above, Will Adderley and David Stead each
have 7,710 options under the Company's Save as You Earn Option Scheme.
For further information:
David Stead
0116 2644400
This information is provided by RNS
The company news service from the London Stock Exchange
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