Dunelm Regulatory News (DNLM)

5 December 2013

DUNELM GROUP plc

NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS EXERCISING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS

Dunelm Group plc (the "Company") has been notified of the following dealings in the Company's shares by its directors and their connected persons: 

Will Adderley

On 2 December 2013, Will Adderley transferred 62,956 ordinary shares of 1 pence each to his wife, Nadine Adderley, for nil consideration.

On 4 December 2013, Will Adderley exercised nil cost options under the Company's Long Term Incentive Plan over 62,956 ordinary shares of 1 pence each. 

Following the transactions set out above, Mr Adderley's beneficial interest in ordinary shares of 1 pence each in the Company is as follows:

W A Capital Limited is a private limited company established by Will Adderley to act as a long term holding company for his beneficial interest in the Company. Will Adderley is the sole director and shareholder of W A Capital Limited, which is UK resident for tax purposes.

Nadine Adderley is Will Adderley's wife.

Mr Adderley is also deemed to hold a legal interest in 1,167,250 ordinary shares of 1 pence each in the Company which are held by The Leicester Foundation, a private charitable trust of which he and his wife are the trustees; and in 172,750 ordinary shares of 1 pence each in the Paddocks Trust, a private family trust of which he and his wife are the trustees but not beneficiaries. Taking into account these holdings, Will Adderley's total legal and beneficial interest in the Company is 63,230,303 ordinary shares of 1 pence each, 31.25 of the issued ordinary share capital (excluding treasury shares).

Nick Wharton

On 4 December 2013, Nick Wharton, the Chief Executive, exercised nil cost options under the Company's Long Term Incentive Plan over 48,262 ordinary shares of 1 pence each. Mr Wharton has sold 22,685 ordinary shares of 1 pence each at a price of 882 pence per share, to fund his tax and national insurance liability in respect of the exercise of the options. Mr Wharton has then transferred 25,577 ordinary shares of 1 pence each to his wife, Donna Wharton, for nil consideration. 

Following the transactions set out above, Mr Wharton is beneficially interested in 65,077 ordinary shares of 1 pence each in the Company, 0.03 % of the Company's issued ordinary share capital (excluding treasury shares).

David Stead 

On 4 December 2013, David Stead, the Finance Director, exercised nil cost options under the Company's Long Term Incentive Plan over 52,744 ordinary shares of 1 pence each. Mr Stead has sold 24,790 ordinary shares of 1 pence each at a price of 882 pence per share, to fund his tax and national insurance liability in respect of the exercise of the options. Mr Stead has then transferred 27,954 ordinary shares of 1 pence each to his wife, Jane Stead, for nil consideration. 

Following the transactions set out above, Mr Stead is beneficially interested in 695,135 ordinary shares of 1 pence each in the Company, 0.34 % of the Company's issued ordinary share capital (excluding treasury shares).

For further information please contact: