20 October 2023
DFS Furniture plc
("the Company")
Grant of shares under the Deferred Bonus Plan (the "Plan")
DFS Furniture Plc announces the following transaction by persons discharging managerial responsibility ("PDMR") in ordinary shares of the Company with a nominal value of £0.10 ("Shares") took place on 20th October 2023. The Executive Directors of DFS Furniture Plc have today been granted conditional share awards in the Company, under the DFS Furniture Plc Deferred Bonus Plan ("the Plan").
The awards granted under the Plan are structured as options with a nil exercise price over a number of shares (the "Deferred Awards").
No consideration was paid for the grant of the Deferred Awards.
Details of the share awards under the Deferred Bonus Plan are as follows:
| Name | Status | Number of conditional shares awarded |
| Tim Stacey | Director | 41,606 |
| John Fallon | Director | 19,538 |
The Deferred Awards will become exercisable on or around the third anniversary of the date of grant subject to the rules of the Plan.
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 | A. Tim Stacey B. John Fallon
|
| 2 | Reason for the notification | |
| a) | Position/status | A. Chief Executive Officer B. 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 | DFS Furniture plc |
| b) | LEI | 213800GDSOBNKS1U1P93
|
| 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 | Grant of options to acquire DFS Furniture plc £0.10 ordinary shares
ISIN: GB00BTC0LB89
|
| b) | Nature of the transaction
| Granting of shares under the DFS Deferred Bonus Plan |
| c) | Price(s) and volume(s)
| A. N/A 41,606 B. N/A 19,538
|
| d) | Aggregated information - Aggregated volume - Price |
A. 41,606 N/A B. 19,538 N/A |
| e) | Date of the transaction | 20th October 2023 |
| f) | Place of the transaction | Outside a trading venue |
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