26th Feb 2010 14:30
Home Retail Group plc (the "Company")
26 February 2010
PDMR SHAREHOLDINGS
The Company has today received notification of the following transactions in its
Ordinary Shares of 10 pence each ("ordinary shares") by persons discharging managerial responsibility.
Exchange of awards under the GUS Co-Investment Plan
The Company has today received notification from the following persons discharging managerial responsibilities ("PDMRs") that, on 25 February 2010, matching share options granted to them on 27 June 2007 were exchanged for equivalent awards of the Company's ordinary shares. Such equivalent awards continue to be subject to the original award terms. Details of these transactions are set out below.
|
Name of person discharging managerial responsibility |
Matching shares subject to options |
Matching shares sold |
Shares retained |
|
Richard Ashton |
160,546 |
65,989* |
94,557** |
|
Terry Duddy |
329,325 |
135,362* |
193,963** |
|
Paul Loft |
164,662 |
67,681* |
96,981** |
|
Sara Weller |
195,537 |
80,372* |
115,165** |
*Sale of shares to satisfy the tax and social security liabilities falling due on the release of shares and to cover the incidental costs of disposal.
The sale of shares took place on the London Stock Exchange on 25 February 2010, at a price of 256.7445 pence per share.
** Under normal circumstances, the retained Shares will not be released until 27 June 2010. The release of the retained Shares is also conditional upon continued employment until 27 June 2010.
Notification of each of the above transactions is now made in accordance with DTR 3.1.4R.
Gordon Bentley
Secretary
Related Shares:
Home Reit