19th Jun 2006 12:04
Debenhams plc19 June 2006 SCHEDULE 11 NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS 1. Name of company Debenhams plc 2. Name of director Michael Sharp 3. Please state whether notification indicates that it is in respect of holdingof the shareholder named in 2 above or in respect of a non-beneficial interestor in the case of an individual holder if it is a holding of that person'sspouse or children under the age of 18 or in respect of a non-beneficialinterest Holding of Michael Sharp 4. Name of the registered holder(s) and, if more than one holder, the number ofshares held by each of them (if notified) Michael Sharp - 2,250,000 shares 5. Please state whether notification relates to a person(s) connected with thedirector named in 2 above and identify the connected person(s) N/A 6. Please state the nature of the transaction. For PEP transactions pleaseindicate whether general/single co PEP and if discretionary/non discretionary The Prospectus issued on the Admission of Debenhams plc referred to thepotential sale by Michael Sharp of 2,141,209 shares. This notification is toadvise that such sale of 2,141,209 shares has taken place at a price of 190p pershare. This sale was planned to be effected post admission after the secondanniversary of Michael Sharp's ownership period, which results in a reduction inhis effective tax rate. 7. Number of shares / amount of stock acquired N/A 8. Percentage of issued class N/A 9. Number of shares/amount of stock disposed 2,141,209 shares 10. Percentage of issued class 0.25% 11. Class of security Ordinary Shares of 0.01p 12. Price per share 190p per share 13. Date of transaction 14th June 2006 14. Date company informed 19th June 2006 15. Total holding following this notification 5,250,000 shares held by Michael Sharp as a limited partner in Baroness EmployeeLimited Partnership, which remain subject to a lock up of 365 days fromadmission.108,791 shares held directly by Michael Sharp which remain subject to a lock upof 365 days from admission.In addition the executive directors of Debenhams plc are technically deemed tobe interested as potential beneficiaries in the Debenhams Retail Employee Trust2004, which holds a total of 3,290,535 shares. 16. Total percentage holding of issued class following this notification Total of 0.62% held directly or held as an interest through the BaronessEmployee Limited PartnershipIn addition, as a director of Debenhams plc, Michael Sharp is technically deemedto be interested in the Debenhams Retail Employee Trust 2004, which has a totalholding in Debenhams plc of 0.38%. If a director has been granted options by the company please complete thefollowing boxes. 17. Date of grant N/A 18. Period during which or date on which exercisable N/A 19. Total amount paid (if any) for grant of the option N/A 20. Description of shares or debentures involved: class, number N/A 21. Exercise price (if fixed at time of grant) or indication that price is to befixed at time of exercise N/A 22. Total number of shares or debentures over which options held following thisnotification N/A 23. Any additional information N/A 24. Name of contact and telephone number for queries G.A.Johnson 020 7408 3529 25. Name and signature of authorised company official responsible for makingthis notification G.A.Johnson, Company Secretary, Debenhams plc Date of Notification 19th June 2006 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Debenhams