Debenhams Regulatory News (DEB)

25 Nov 2009 14:45



NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS

1. Name of the issuer

Debenhams plc

2. Notification relates to a transaction notified in accordance with DTR 3.1.4R(1)(a)

3. Name of person discharging managerial responsibilities/director

Michael Sharp

4. State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

N/a

5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest

N/a

6. Description of shares (including class), debentures or derivatives or financial instruments relating to shares

N/a

7. Name of registered shareholders(s) and, if more than one, the number of shares held by each of them

N/a

8. State the nature of the transaction

N/a

9. Number of shares, debentures or financial instruments relating to shares acquired

N/a

10. Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

N/a

11. Number of shares, debentures or financial instruments relating to shares disposed

N/a

12. Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) 

N/a

13. Price per share or value of transaction

N/a

14. Date and place of transaction

N/a

15. Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

N/a

16. Date issuer informed of transaction

N/a

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17 Date of grant

24 November 2009 - Debenhams Performance Share Plan

24 November 2009 - Debenhams Plc 2006 Executive Share Option Plan

18. Period during which or date on which it can be exercised

Debenhams Performance Share Plan: Vesting of such an award occurs on the 3rd anniversary of the date of grant if and to the extent that the relevant performance condition has been satisfied.

Debenhams Plc Executive Share Option Plan: The Option may be exercised between the 3rd anniversary of the Date of Grant until the 10th Anniversary of the Date of Grant if and to the extent that the relevant performance condition has been satisfied.

19. Total amount paid (if any) for grant of the option

n/a

20. Description of shares or debentures involved (class and number)

The following shares were awarded under the Debenhams Performance Share Plan:-

Michael Sharp - 485,902 ordinary shares of 0.01p each

The following shares were granted under the Debenhams Plc 2006 Executive Share Option Plan:-

Michael Sharp -Approved option over 35,108 Ordinary Shares of 0.01p each

Michael Sharp - Unapproved option over 438,853 Ordinary shares of 0.01p each

21. Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

Debenhams Performance Share Plan:- 0.01p per share

Debenhams Plc 2006 Executive Share Option Plan:- 85.45p per share

22. Total number of shares or debentures over which options held following notification

485,902 ordinary shares awarded under the Debenhams Performance Share Plan

473,961 ordinary shares granted under the Debenhams Plc 2006 Executive Share Option Plan

23. Any additional information

None

24. Name of contact and telephone number for queries

Paul Eardley - Company Secretary - 020 7408 4444

25. Date of Notification

25 November 2009 END