Last checked at 30 Nov 2010 12:17
30 November 2010
DUNELM GROUP plc
NOTIFICATION OF TRANSACTIONS OF DIRECTORS AND CONNECTED ORGANISATIONS
Dunelm Group plc (the "Company") has been notified of the following dealings in the Company's shares by its directors and their connected persons/organisations:
Leicester Foundation
Will Adderley, the Chief Executive, has today advised the Company that on Monday 29 November 2010 the Leicester Foundation, a private charitable trust of which Will Adderley is a trustee, disposed of 32,550 ordinary shares of 1p each in Dunelm Group plc to The Paddocks Trust, a family trust of which Will Adderley is also a trustee but not a beneficiary.
The transaction was carried out at 520p per share.
Following this transaction, the Leicester Foundation held 59,250 ordinary shares in Dunelm Group plc (0.03% of the issued share capital) and The Paddocks Discretionary Settlement holds 80,750 ordinary shares (0.04% of the issued share capital).
In light of his status as a trustee of both the Leicester Foundation and The Paddocks Trust, Will Adderley is deemed to retain a legal interest in shares held by both of these trusts as an indirect holding.
Will Adderley
On Tuesday 30 November 2010, Will Adderley transferred 200,000 ordinary shares in Dunelm Group plc (0.1% of the issued share capital) to the Leicester Foundation, by way of a gift.
Will Adderley's beneficial interest is now 69,943,939 ordinary shares of 1p in Dunelm Group plc (34.74% of the issued share capital), including 2,283,939 shares held by his wife Nadine Adderley. The Leicester Foundation now holds 259,250 ordinary shares (0.13% of the issued share capital).
For further information please contact:
Dunelm Group plc | 0116 2644 356 |
Will Adderley, Chief Executive David Stead, Finance Director | |
MHP Communications | 020 3128 8100 |
John Olsen | |
Simon Hockridge |
Notes to Editors
Dunelm is the UK's leading specialist out of town homewares retailer, operating in the £12bn UK homewares market. The Group currently operates 109 stores, branded Dunelm Mill, of which 99 are out-of-town superstores and 10 are high street shops. Dunelm employs over 6,000 full and part time staff, the vast majority of whom work in the stores.
Dunelm was founded by the Adderley family in 1979 as a market stall business, selling ready made curtains. The first shop was opened in Leicester in 1984 and over the following years the business developed into a successful chain of high street shops in the Midlands specialising in soft furnishings. The first Dunelm superstore was opened in 1991, leading to the Company's move into the broader homewares market.
The superstores provide an average of 30,000 sq ft of selling space and offer an extensive range of approximately 20,000 products across a broad spectrum of categories, including bedding, curtains, gifts and seasonal items, cushions, bathroom products, kitchenware, quilts, pillows and rugs. Dunelm also specialises in offering a wide range of fabrics, made to measure curtains and a frequently changing series of special buys. The directors are passionate about ensuring that all ranges live up to Dunelm's philosophy of offering customers "Simply Value for Money".
Dunelm also operates an on-line store at www.dunelm-mill.com.
Dunelm listed on the London Stock Exchange in October 2006 (DNLM.L).