7 Nov 2017 09:48
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
Debenhams plc (the "Company") announces that the following persons discharging managerial responsibilities (PDMRs) were granted awards under the Debenhams Performance Share Plan ("PSP"). The PSP awards were granted in the form of 0.01p pence options and the PDMRs will be entitled to exercise their awards within the six months from the vesting date, subject to the extent to which the performance conditions have been satisfied. 50% of the award will vest by reference to relative TSR compared to a bespoke peer group of retail companies, 25% of the award will vest by reference to EPS performance and 25% of the award will vest by reference to ROCE performance.
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
|
Sergio Bucher | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
|
Chief Executive Officer | ||||
b)
| Initial notification /Amendment
|
Initial Notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Debenhams plc | ||||
b)
| LEI
| 5493007MMUEIF4NJG110 | ||||
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, type of instrument
Identification code
|
Ordinary Shares of 0.01p each
GB00B126KH97
| ||||
b)
| Nature of the transaction
| Award of 0.01p option under the Debenhams plc Performance Share Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Value
|
2,553,191
Value at transaction date £1,050,000 | ||||
e)
| Date of the transaction
| 3 November 2017 | ||||
f)
| Place of the transaction
| Debenhams plc | ||||
1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
a)
| Name
|
Matthew Smith | ||||
2
| Reason for the notification
| |||||
a)
| Position/status
|
Chief Financial Officer | ||||
b)
| Initial notification /Amendment
|
Initial Notification | ||||
3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
a)
| Name
| Debenhams plc | ||||
b)
| LEI
| 5493007MMUEIF4NJG110 | ||||
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, type of instrument
Identification code
|
Ordinary Shares of 0.01p each
GB00B126KH97
| ||||
b)
| Nature of the transaction
| Award of 0.01p option under the Debenhams plc Performance Share Plan | ||||
c)
| Price(s) and volume(s)
|
| ||||
d)
| Aggregated information
- Aggregated volume
- Value
|
1,067,963
Value at transaction date £439,200 | ||||
e)
| Date of the transaction
| 3 November 2017 | ||||
f)
| Place of the transaction
| Debenhams plc | ||||
END
Debenhams (DEB)