Last checked at 18 Oct 2012 12:35
18 October 2012
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 15 October 2012, Will Adderley transferred 123,949 ordinary shares of 1 pence each to his wife, Nadine Adderley, for nil consideration.
On 18 October 2012, Will Adderley exercised nil cost options under the Company's Long Term Incentive Plan over 123,949 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:
No of shares of 1 pence each | Percentage holding | |
Will Adderley |
11,103,398 |
5.48 |
W A Capital Limited |
50,600,000 |
24.98 |
Nadine Adderley |
123,949 |
0.06 |
Total beneficial interest |
61,827,347 |
30.53 |
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 63,167,347 ordinary shares of 1 pence each, 31.19% of the issued ordinary share capital.
David Stead
On 18 October 2012, David Stead, the Finance Director, exercised nil cost options under the Company's Long Term Incentive Plan over 85,215 ordinary shares of 1 pence each. Mr Stead has sold 43,460 ordinary shares of 1 pence each at a price of 679.4 pence per share, to fund his tax and national insurance liability in respect of the exercise of the options. Mr Stead has then transferred 41,755 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 667,181 ordinary shares of 1 pence each in the Company, 0.33 % of the Company's issued ordinary share capital.
Simon Emeny
On 17 October 2012, Simon Emeny transferred 26,400 ordinary shares of 1 pence each to his wife, Selina Emeny, for nil consideration. Following this transfer Mr Emeny's beneficial holding in the Company remains unchanged at 26,400 ordinary shares, 0.01% of the issued ordinary share capital.
For further information please contact:
Dunelm Group plc |
|
Nick Wharton, Chief Executive David Stead, Finance Director | 0116 2644 356 |
MHP Communications |
|
John Olsen | 020 3128 8100 |
Simon Hockridge |