Sign In
Last checked at 
19 Sep 2008 13:36
ο»Ώ
19Β September 2007
Grant of conditional awards over ordinary sharesΒ to Directors under the 2008/2009Β Long Term Incentive Programme (LTIP)
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 andΒ David Stead, Finance Director, under theΒ 2008/2009Β LTIPΒ on 18Β September 2008.
The maximum award under the LTIP is 120% of basic salary for each executive director. This will vest,Β subject toΒ the performance conditions, following publication of results for the year to 30 June 2011.Β
Using a closing mid price on 18 September 2008 of 148p, awards have been granted as follows:
Will Adderley: conditional award over 259,459Β shares
|
Basic salary |
Basic x 120% |
Share price |
No. of shares under award |
Total no. ofΒ options held |
|
Β£320,000 |
Β£384,000 |
Β£1.48 |
259,459 |
607,007 |
David Stead: conditional award over 178,378Β shares
|
Basic salary |
Basic x 120% |
Share price |
No. of shares under award |
Total no. ofΒ options held |
|
Β£220,000 |
Β£264,000 |
Β£1.48 |
178,378 |
411,476 |
- Ends -
Follow the stocks
