Debenhams plc Director/PDMR Shareholding (7756V)

TIDMDEB

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               Ordinary Shares of 0.01p 
       instrument, type            each 
       of instrument 
                                   GB00B126KH97 
       Identification 
       code 
---  -------------------------  -------------------------------- 
 b)   Nature of the              Award of 0.01p option under 
       transaction                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         2,553,191 
 
 
       - Value                     Value at transaction date 
                                   GBP1,050,000 
---  -------------------------  -------------------------------- 
 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               Ordinary Shares of 0.01p 
       instrument, type            each 
       of instrument 
                                   GB00B126KH97 
       Identification 
       code 
---  -------------------------  -------------------------------- 
 b)   Nature of the              Award of 0.01p option under 
       transaction                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         1,067,963 
 
 
       - Value                     Value at transaction date 
                                   GBP439,200 
---  -------------------------  -------------------------------- 
 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

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November 07, 2017 04:48 ET (09:48 GMT)