3rd Aug 2011 11:26
3 August 2011
DIXONS RETAIL PLC
DIRECTOR/PDMR SHAREHOLDING
On 3 August 2011, Dixons Retail plc (the "Company") granted awards over ordinary shares of 2.5 pence each in the Company to the Directors identified in the table below pursuant to the Company's Performance Share Plan. The number of ordinary shares which will be released on the vesting date of 3 August 2014 will depend upon the extent to which the performance conditions applicable to these awards are satisfied. One half of the award will be measured by reference to the Total Shareholder Return (TSR) achieved by the Company over the performance period of three financial years commencing 1 May 2011. The other half of the award will be subject to an Earnings Per Share (EPS) performance condition.
Name of director/PDMR | Maximum number of Shares subject to the award | Price paid for the award (p) | Price payable on release (p) |
John Browett | 4,252,971 | Nil | Nil |
Humphrey Singer | 1,876,173 | Nil | Nil |
This announcement is made in accordance with the requirements of DTR 3.1.4 R(1) (a) and DTR 3.1.4 R(1) (b).
- Ends -
Related Shares:
DXNS.L