28th Feb 2007 16:47
Home Retail Group Plc28 February 2007 HOME RETAIL GROUP plc ("the Company") DIRECTORS' SHAREHOLDINGS The Company has been notified of the following transactions in its Ordinaryshares of 10 pence each ("the Ordinary shares") by Terry Duddy and RichardAshton, both of whom are directors of the Company. As a result of the demerger from GUS, certain participants in the former GUSExecutive Share Option Scheme have a limited period after the demerger withinwhich to exercise options to acquire shares. This period, as disclosed in thedemerger prospectus, is within six months of 4 October 2006, being the date ofcourt sanction of the GUS demerger scheme of arrangement. A further restrictionarises due to the close period that will apply with effect from the end of theaccounting period (3 March 2007). Mr Duddy exercised options on 27 February 2007 and sold, on the same date, allof the 399,212 Ordinary shares thereby acquired on the London Stock Exchange ata price of 422.1464 pence per share. Mr Duddy's continuing personal interest inthe Ordinary share capital of the Company therefore remains unchanged at1,249,349 Ordinary shares (comprising beneficial shareholdings of 526,773Ordinary shares and already vested interests in 722,576 Ordinary shares underthe Reinvestment Plan). Mr Ashton exercised options on 27 February 2007 and sold, on the same date,67,554 of the 158,920 Ordinary shares thereby acquired on the London StockExchange at a price of 422.1464 pence per share. Mr Ashton's personal interestin the Ordinary share capital of the Company has therefore increased by 91,366Ordinary shares to 397,733 Ordinary shares (comprising beneficial shareholdingsof 166,690 and already vested interests in 231,043 Ordinary shares under theReinvestment Plan). The notifications on behalf of Messrs Duddy and Ashton were received by theCompany on 27 February 2007. Notification of these transactions is now made in accordance with both section324 of the Companies Act 1985 and Disclosure Rule 3.1.4R. Gordon BentleySecretary 28 February 2007 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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