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1 Aug 2024 14:20
1 August 2024
CURRYS PLC
NOTIFICATION OF TRANSACTION OF DIRECTOR
Currys plc Buyout Award.
In accordance with the requirements of DTR 3.1 and Market Abuse Regulation Article 19, Currys plc (the 'Company') announces the following share transaction undertaken by Bruce Marsh, Group Chief Financial Officer (a PDMR).
Bruce exercised the first tranche of the Company granted Buyout Award A (the "Award") which was granted under Listing Rule 9.4.2(2) on 21 October 2021, and which then vested in full on 12 July 2024. The first tranche of the award became exercisable on the 12 July 2024. The exercise of the nil cost options over ordinary shares of 0.1 pence will be settled using market purchase shares.
Bruce exercised a total of 119,089 options, made up of 112,557 options and 6,532 accrued dividend equivalents and sold 56,169 shares to cover the tax liability arising on the transaction. The remaining 62,920 shares were retained.
PMDR DEALING NOTIFICATION | ||||||||||||||||||
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 | Bruce Marsh | ||||||||||||||||
2 | Reason for the notification | |||||||||||||||||
a) | Position/status | Group Chief Financial Officer | ||||||||||||||||
b) | Initial notification/Amendment | Initial notification | ||||||||||||||||
3 | Details of the issuer | |||||||||||||||||
a) | Name | Currys plc | ||||||||||||||||
b) | LEI | 2138001E12GWLLDQQF16 | ||||||||||||||||
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
| Ordinary shares of 0.1p each in Currys plc | ||||||||||||||||
Identification code | GB00B4Y7R145 | |||||||||||||||||
b) | Nature of the transaction | Exercise of a share option granted under the Listing Rule 9.4.2(2) and sale of shares to cover the tax and NIC arising from the exercise | ||||||||||||||||
c) | Price(s) and volume(s) |
| ||||||||||||||||
d) | Aggregated information
| 1. Exercise
2. Sale
| ||||||||||||||||
e) | Date of the transaction (DD-MM-YYYY) | 31-07-2024 | ||||||||||||||||
f) | Place of the transaction | London Stock Exchange (XLON) | ||||||||||||||||
Enquiries:
Sarah Thomas Deputy Company Secretary +44 (0)7401 373 188
Dan Homan Investor Relations Director +44 (0)7401 400 442
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