RNS Number : 8548Y
Currys PLC
01 August 2024
 

1 August 2024

CURRYS PLC

NOTIFICATION OF TRANSACTION OF DIRECTOR

Award under the 2021/22 Deferred Share Bonus Plan ("DSBP")

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 nil cost options over ordinary shares of 0.1 pence in the Company in respect of the 2021/22 DSBP Award (the "Award") which was granted on the 25 July 2022 under the Deferred Share Bonus Plan.  The Award vested on 25 July 2024, and Bruce subsequently exercised a total of 208,523 options, made up of 198,979 options and 9,544 accrued dividend equivalents and sold 98,351 shares to cover the tax liability arising on the transaction.  The remaining 110,172 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 under the Currys Deferred Share Bonus Plan ("DSBP") 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

208,523

£0.808

98,351

 

 

d)

Aggregated information

-

Aggregated volume


-

Price


1.    Exercise

Price(s)

Volume(s)

Total

Nil cost

208,523

 £0.00

 

2.    Sale

Price(s)

Volume(s)

Total

£0.808

98,351

 £79,467


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     +44 (0)7401 373 188

 

Dan Homan       Investor Relations Director      +44 (0)7401 400 442

 

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