Currys PLC Director/PDMR Shareholding

RNS Number : 8562Y

Currys PLC

01 August 2024

 

1 August 2024

CURRYS PLC

NOTIFICATION OF TRANSACTION OF DIRECTOR

Currys plc Buyout Award.

In accordance with the requirements of DTR 3.1 and Market Abuse Regulation Article 19, Currys plc (the 'Company') announces the following share transaction undertaken by Bruce Marsh, Group Chief Financial Officer (a PDMR).

Bruce exercised the first tranche of the Company granted Buyout Award A (the "Award") which was granted under Listing Rule 9.4.2(2) on 21 October 2021, and which then vested in full on 12 July 2024. The first tranche of the award became exercisable on the 12 July 2024. The exercise of the nil cost options over ordinary shares of 0.1 pence will be settled using market purchase shares.

Bruce exercised a total of 119,089 options, made up of 112,557 options and 6,532 accrued dividend equivalents and sold 56,169 shares to cover the tax liability arising on the transaction.  The remaining 62,920 shares were retained.

PMDR DEALING NOTIFICATION
Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them
1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Bruce Marsh
2	Reason for the notification
a)	Position/status	Group Chief Financial Officer
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer
a)	Name	Currys plc
b)	LEI	2138001E12GWLLDQQF16
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	Ordinary shares of 0.1p each in Currys plc
	Identification code	GB00B4Y7R145
b)	Nature of the transaction	Exercise of a share option granted under the Listing Rule 9.4.2(2)  and sale of shares to cover the tax and NIC arising from the exercise
c)	Price(s) and volume(s)	Price(s) Volume(s) Nil cost 119,089 £0.808 56,169
d)	Aggregated information - Aggregated volume - Price	1.    Exercise Price(s) Volume(s) Total Nil cost 119,089  £0.00   2.    Sale Price(s) Volume(s) Total £0.808 56,169  £45,384
e)	Date of the transaction (DD-MM-YYYY)	31-07-2024
f)	Place of the transaction	London Stock Exchange (XLON)

 

Enquiries:

 

Sarah Thomas    Deputy Company Secretary     [phone]

 

Dan Homan       Investor Relations Director      [phone]

 

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