17th Oct 2006 16:32
Home Retail Group Plc17 October 2006 HOME RETAIL GROUP plc (THE "COMPANY") DIRECTORS' AND PDMRs' SHAREHOLDINGS The Company announces the following changes in interests in its Ordinary Sharesof 10 pence each (the "Ordinary Shares") of directors and persons dischargingmanagerial responsibility, of which notification was received on 16 October 2006 Notification of these changes is made pursuant to DR 3.1.4R(1)(a). 1. Rollover grants to directors and persons discharging managerialresponsibility In connection with the Demerger, equivalent options and awards have been grantedover Ordinary Shares in consideration of the surrender of options and awardsgranted under the GUS Employee Share Plans, as set out below. a) Grant of rollover options - GUS Co-Investment Plan Awards granted under the GUS Co-Investment Plan in 2006 have been automaticallyexchanged for equivalent awards over Ordinary Shares. The exchange took effecton 16 October 2006. As a consequence, the following awards are now held. i) Awards held by directors under the Co-Investment Plan Name of Number of Invested Number of Ordinary Shares under Vestingdirector Ordinary Shares rolled-over Matching Share Option date (nil-cost) Terry 9,513 70,610 12 JuneDuddy 2009 b) Grant of rollover awards - GUS Performance Share Plan Awards granted under the GUS Performance Share Plan in 2005 and 2006 have beenautomatically exchanged for equivalent awards over Ordinary Shares. The exchangetook effect on 16 October 2006, as a result of which the following awards arenow held. i) Awards held by directors Name of Number of Ordinary Shares under rolled-over Vestingdirector Award date Terry Duddy 197,277 31 May 2008 193,201 2 June 2009Total 390,478 Richard Ashton 40,287 31 May 2008 90,159 2 June 2009Total 130,446 ii) Awards held by persons discharging managerial responsibility Name of person discharging Number of Ordinary Shares under Vestingmanagerial responsibility rolled-over Award date Paul Loft 46,539 31 May 2008 103,040 2 June 2009Total 149,579 Sara Weller 61,822 31 May 2008 122,359 2 June 2009Total 184,181 c) Grant of rollover options - GUS Non-Approved Executive Share Option Scheme Options granted under the GUS Non-Approved Executive Share Option Scheme in 2005and 2006 have been automatically exchanged for equivalent options over OrdinaryShares. Participants were also given the opportunity to exchange other optionsunder this scheme for equivalent options over Ordinary Shares. The exchange tookeffect on 16 October 2006, as a result of which the following options are nowheld. i) Options held by directors Name of Period during or date on Number of Ordinary Shares under Exercise which exercisable rolled-over Option pricedirector Terry 31 May 2008 197,277 3.599Duddy 2 June 2009 193,201 3.882Total 390,478 Richard 31 May 2008 80,576 3.599Ashton 2 June 2009 90,159 3.882Total 170,735 ii) Options held by a person discharging managerial responsibility Name of person Period during or Number of Ordinary Exercisedischarging managerial date on which Shares under rolled-over priceresponsibility exercisable Option Paul Loft 31 May 2008 93,081 3.599 2 June 2009 103,040 3.882Total 196,121 Sara Weller 31 May 2008 123,645 3.599 2 June 2009 122,359 3.882Total 246,004 2. Awards under new plans to directors and persons discharging managerialresponsibility These awards were made for nil consideration. a) Awards under The Home Retail Group Reinvestment Plan, - 16 October 2006 i) Awards held by directors Name of Number of Invested Ordinary Shares in Ordinary Shares indirector Ordinary Shares Reinvested Matching Award Award (1) Terry 76,849 722,576 1,598,851Duddy Richard 24,571 231,043 511,228Ashton Note (1): The first 50% of this award will vest subject to a performancecondition; the remaining 50% of the award will be time-based. ii) Awards held by persons discharging managerial responsibility Name of person discharging Number of Invested Ordinary Shares Ordinary Shares inmanagerial Ordinary Shares in Reinvested Matching Award(1)responsibility Award Paul Loft 27,278 256,505 492,428 Sara Weller 12,636 118,822 381,347 Note:1) The first 50% of this award will vest subject a performance condition; theremaining 50% of the award will be time-based. b) Awards under The Home Retail Group Performance Share Plan - 16 October 2006 The awards vest in October 2009. i) Awards made to directors Name of director Number of Ordinary Shares under Award Terry Duddy 57,483 Richard Ashton 27,998 ii) Awards made to persons discharging managerial responsibility Name of person discharging managerial Number of Ordinary Shares underresponsibility Award Paul Loft 24,043 Sara Weller 34,111 3. Changes to holdings of person discharging managerial responsibility Name of PDMR Number of Ordinary Shares Purchased 11 October 2006 (1) Sara Weller 59,216 Note (1): Company notified on 12 October 2006 Gordon BentleySecretary This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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