DFS Furniture plc Lapse of Options under SAYE Scheme (6266R)
December 12 2016 - 11:24AM
UK Regulatory
TIDMDFS
RNS Number : 6266R
DFS Furniture plc
12 December 2016
12 December 2016
DFS Furniture plc
Lapse of Options under SAYE Scheme
Further to last week's announcement regarding the 'Grant of
Options under SAYE Scheme', issued on 9 December 2016, DFS
Furniture plc ("DFS" or the "Company") announces that the Director
and Persons Discharging Managerial Responsibilities ('PDMR') named
below have cancelled their participation in the savings contract
associated with the grant of share options on 10 December 2015 made
under the DFS SAYE Share Option Scheme. The lapsed options, noted
below, had an exercise price of 262.4p.
Number of lapsed Number of options
options from 2015 under 2016 Scheme
Scheme
Ian Filby (Director) 3,429 9,782
Tim Stacey (PDMR) 3,429 9,782
Nick Collard (PDMR) 3,429 9,782
DFS's SAYE Share Option Scheme was formally launched on 16
November 2015 and made available to all permanent UK employees.
As previously announced, the options granted on 7 December 2016
have an exercise price of 184.0p and are exercisable from 1
February 2020. A total of 2,397,452 shares are under option for
this scheme.
Enquiries:
DFS (enquiries via FTI) FTI Consulting
Ian Filby (CEO) Jonathon Brill
Nicola Bancroft (CFO) Georgina Goodhew
Paul Walker (Group Company Secretary) Eleanor Purdon
+44 (0) 20 3727 1000
dfsfurniture@fticonsulting.com
About DFS Furniture plc
DFS is the clear market leading retailer of upholstered
furniture in the United Kingdom. We design, manufacture, sell and
deliver to our customers an extensive range of upholstered
furniture products. The business operates a retail network of
upholstered furniture stores in the United Kingdom and Europe,
together with an online channel. These have been established and
developed gradually over more than 45 years of operating history.
We attract customers to our stores and website through our
substantial and continued investment in nationwide marketing
activities and our reputation for high quality products and
service, breadth of product ranges and price points and favourable
consumer financing options.
This information is provided by RNS
The company news service from the London Stock Exchange
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