1 November 2024
DUNELM GROUP PLC
NOTIFICATION OF TRANSACTIONS OF DIRECTORS/PERSONS EXERCISING MANAGERIAL RESPONSIBILITY AND CONNECTED PERSONS
Share purchase
Dunelm Group plc (the "Company") has been notified of the following purchase in its Ordinary Shares of one pence each:
| Name of Director and position | Date of purchase | No of shares | Price per share | Beneficial holding following dealing |
| Karen Witts Chief Financial Officer | 31 October 2024 | 8,375 | £11.26 | 41,824 (0.02%) |
This purchase of shares satisfies Karen Witts' obligation to invest two-thirds of her FY24 cash bonus (after payment of tax and national insurance) in Dunelm shares, as set out in the Company's approved Remuneration Policy.
LTIP Grant
On 31 October 2024 share incentive awards were granted over ordinary shares of one pence each in the Company, in the form of a nil cost option under the Dunelm Group 2014 Long Term Incentive Plan to the following persons discharging managerial responsibilities:
| PDMR | Number of shares under award |
| Nick Wilkinson | 121,687 |
| Karen Witts | 83,633 |
| Luisa Wright | 23,231 |
| James Cooper | 4,460 |
In the case of Nick Wilkinson, Karen Witts and Luisa Wright, the options may be exercised on or after 31 October 2027, subject to the satisfaction of performance conditions over the three financial periods commencing on 30 June 2024. These performance conditions are detailed in the Company's FY24 Annual Report. In the case of James Cooper, the options may be exercised on or after 31 October 2026, subject to the satisfaction of performance conditions.
On exercise, Nick Wilkinson and Karen Witts have each committed to retain (after sale to cover tax and national insurance liability on exercise), at least two thirds of these for the duration of employment. In addition, shareholding requirements apply for the duration of employment and for two years from termination of employment, as set out in the 2023 Remuneration Policy ("2023 Policy") approved on 16 November 2023.
In line with its 2023 Policy, the Remuneration Committee can apply malus or clawback to the award and has discretion to vary formulaic outturns where this does not reflect underlying performance or is inappropriate in the context of unexpected or unforeseen circumstances.
Share vest and disposal
On vesting of a conditional award under the Dunelm 2020 Share Plan, on 1 November 2024 Luisa Wright received 9,225 Ordinary Shares of one pence each in the Company and disposed of 4,349 shares to fund the income tax and National Insurance liability due.
For further information please contact:
|
Dunelm Group plc Luisa Wright/Simon Hockridge |
|
|
MHP Communications |
|
| Rachel Farrington/Charles Hirst
|
DUNELM GROUP PLC
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
Share purchase
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| Karen Witts | ||||
| 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
| Dunelm Group plc | ||||
| b)
| LEI
| 213800WCOWEI3T5DUV19 | ||||
| 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 one pence each
ISINGB00BICQ739
| ||||
| b)
| Nature of the transaction
| Purchase | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
8,375
£11.26 | ||||
| e)
| Date of the transaction
| 2024.10.31 | ||||
| f)
| Place of the transaction
| London Stock Exchange (XLON) | ||||
DUNELM GROUP PLC
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
LTIP grant
| 1
| Details of the person(s) discharging managerial responsibilities / person closely associated
| |||||
| a)
| Name
| 1. Nick Wilkinson 2. Karen Witts 3. Luisa Wright 4. James Cooper | ||||
| 2
| Reason for the notification
| |||||
| a)
| Position/status
| 1. Chief Executive 2. Chief Financial Officer 3. PDMR 4. PDMR | ||||
| b)
| Initial notification /Amendment
| Initial notification | ||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| |||||
| a)
| Name
| Dunelm Group plc | ||||
| b)
| LEI
| 213800WCOWEI3T5DUV19 | ||||
| 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 one pence each
ISINGB00BICQ739
| ||||
| b)
| Nature of the transaction
| Grant of nil-cost share options conditional on future performance in accordance with the Company's long term incentive plan | ||||
| c)
| Price(s) and volume(s)
|
| ||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
Single transaction for each individual
| ||||
| e)
| Date of the transaction
| 2024.10.31 | ||||
| f)
| Place of the transaction
| Outside a trading venue | ||||
DUNELM GROUP PLC
NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES
Shares vest and disposal
| 1
| Details of the person discharging managerial responsibilities / person closely associated
| ||||||||||
| a)
| Name | Luisa Wright | |||||||||
| 2
| Reason for the notification
| ||||||||||
| a)
| Position/status
| PDMR | |||||||||
| b)
| Initial notification /Amendment
| Initial notification | |||||||||
| 3
| Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
| ||||||||||
| a)
| Name
| Dunelm Group plc | |||||||||
| b)
| LEI
| 213800WCOWEI3T5DUV19 | |||||||||
| 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 one pence each
ISINGB00BICQ739
| |||||||||
| b)
| Nature of the transaction
| 1. Vesting of shares under the Dunelm 2020 Share Plan 2. Disposal of shares to fund income tax and National Insurance liability due
| |||||||||
| c)
| Price(s) and volume(s)
|
| |||||||||
| d)
| Aggregated information
- Aggregated volume
- Price
|
1. 9,225 2. 4,349
1. Nil 2. £11.03
| |||||||||
| e)
| Date of the transaction | 1. 2024.11.1 2. 2024.11.1 | |||||||||
| f)
| Place of the transaction
| 1. Outside a trading venue 2. London Stock Exchange (XLON) | |||||||||
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