AI Terminal
Currys PLC
Director's Dealing • Apr 5, 2022
4904_dirs_2022-04-05_ea4eadc3-ac47-45ce-b858-41641b810f6e.html
Director's Dealing
Open in ViewerOpens in native device viewer
National Storage Mechanism | Additional information 
RNS Number : 3686H
Currys PLC
05 April 2022
5 April 2022
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 Alex Baldock, Group Chief Executive (a PDMR).
Alex exercised the second tranche of the Company granted Buyout Award (the "Award") which was granted under Listing Rule 9.4.2(2) on 3 April 2018, and then vested on 6 April 2021. The second tranche of the award then became exercisable on the 4 April 2022. The exercise of nil cost options over ordinary shares of 0.1 pence will be settled using market purchase shares.
Alex exercised a total of 374,654 options, made up of 329,693 options and 44,961 accrued dividend equivalents and sold 176,707 shares to cover the tax liability arising on the transaction. The remaining 197,947 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
Alex Baldock
2
Reason for the notification
a)
Position/status
Group Chief Executive
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 under the Currys Long Term Incentive Plan ("LTIP") 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 | 374,654 |
| £0.9609 | 176,707 |
d)
Aggregated information
| - | Aggregated volume |
| - | Price |
1. Exercise
| Price(s) | Volume(s) | Total |
| Nil cost | 374,654 | £0.00 |
2. Sale
| Price(s) | Volume(s) | Total |
| £0.9609 | 176,707 | £169,798 |
e)
Date of the transaction
(DD-MM-YYYY)
04-04-2022
f)
Place of the transaction
London Stock Exchange (XLON)
Enquiries:
Sarah Thomas Deputy Company Secretary +44 (0)7401 373 188
Dan Homan Investor Relations Director +44 (0)7401 400 442
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
DSHBSGDSSXGDGDU