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5 Apr 2023 10:30
5 April 2023
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 Alex Baldock, Group Chief Executive (a PDMR).
Alex exercised the third and final tranche of the Company granted Buyout Award (the "Award") which was granted under Listing Rule 9.4.2(2) on 3 April 2018, and then vested on 6 April 2021. The final tranche of the award then became exercisable on the 3 April 2023. The exercise of nil cost options over ordinary shares of 0.1 pence will be settled using market purchase shares.
Alex exercised a total of 393,784 options, made up of 329,693 options and 64,091 accrued dividend equivalents and sold 185,731 shares to cover the tax liability arising on the transaction. The remaining 208,053 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 | Alex Baldock | ||||||||||||||||
2 | Reason for the notification | |||||||||||||||||
a) | Position/status | Group Chief Executive | ||||||||||||||||
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 under the Currys Long Term Incentive Plan ("LTIP") | ||||||||||||||||
c) | Price(s) and volume(s) |
| ||||||||||||||||
d) | Aggregated information
| 1. Exercise
2. Sale
| ||||||||||||||||
e) | Date of the transaction (DD-MM-YYYY) | 04-04-2023 | ||||||||||||||||
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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