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Director/PDMR Shareholding
RNS Number : 7756V
Debenhams plc
07 November 2017
 

 

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)

 

 

 

Price(s)

 

Number of shares under award

 

n/a

 

 

2,553,191

 

 

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)

 

 

 

Price(s)

 

Number of shares under award

 

n/a

 

 

1,067,963

 

 

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


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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