Last checked at 23 Apr 2020 11:49
23 April 2020
DFS Furniture PLC
Director/PDMR Shareholding
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Persons Closely Associated with them.
1. | Details of PDMR / person closely associated with them ('PCA') | |||||||||||||||||||||||||||||||||||||||||
a) | Name | 1. Ian Durant 2. Tim Stacey 3. Mike Schmidt 4. Alison Hutchinson 5. Stephen Johnson 6. Jo Boydell 7.Jane Bednall | ||||||||||||||||||||||||||||||||||||||||
b) | Position / status | 1. Executive Chairman 2. Chief Executive Officer 3. Chief Financial Officer 4. Non-Executive Director 5. Non-Executive Director 6. Non-Executive Director 7. Non-Executive Director
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c) | Initial notification / amendment | Initial Notification in each case | ||||||||||||||||||||||||||||||||||||||||
2. |
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||||||||||||||||||||||||||||||||||
| Name | DFS Furniture PLC | ||||||||||||||||||||||||||||||||||||||||
| LEI | 213800GDSOBNKS1U1P93
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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
Identification code | Ordinary Shares of DFS Furniture PLC (the "Company").
ISIN GB00BTCOLB89
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b) | Nature of the transaction | The Company announced today that it raised proceeds of approximately £64 million (before expenses) through a placing of 42,606,119 new ordinary shares of 150 pence each in the capital of the Company (the 'Placing and Subscription Shares') at a price of 150 pence per Share (the "Placing"). The Placing is conditional upon, amongst other things, the Placing and Subscription Shares being admitted to the premium listing segment of the Official List of the Financial Conduct Authority and to trading on the main market of the London Stock Exchange plc (together, "Admission"). The Company was informed today that the Directors listed below subscribed for the below numbers of new ordinary shares of 150 pence each in the capital of the Company concurrently with the Placing.
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c) | Price(s) and volume(s) |
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d) | Aggregated information Aggregated volume Price | 108,664
150 pence | ||||||||||||||||||||||||||||||||||||||||
e) | Date of the transaction | 23 April 2020 | ||||||||||||||||||||||||||||||||||||||||
f) | Place of the transaction | London Stock Exchange, Main Market (XLON) | ||||||||||||||||||||||||||||||||||||||||
Enquiries:
DFS (enquiries via Tulchan) | Tulchan |
Tim Stacey (CEO) | James Macey-White |
Mike Schmidt (CFO) | Jessica Reid |
Phil Hutchinson (Investor relations) | Amber Ahluwalia |
Liz McDonald (Company Secretary) | +44 (0)20 7353 4200 |
| dfs@tulchangroup.com |
About DFS Furniture plc
The Group is the clear market leading retailer of living room furniture in the United Kingdom. We design, manufacture, sell and deliver to our customers an extensive range of furniture products. The business operates a retail network of living room furniture stores in the United Kingdom and Europe, together with an online channel, trading through four leading brands. The Group has been established and developed gradually over 50 years of operating history. We attract customers to our stores and website through our substantial and continued investment in nationwide marketing activities and our reputation for high quality products and service, breadth of product ranges and price points and favourable consumer financing options.