22 September 2023
For immediate release
DFS Furniture PLC
PDMR SHARE PURCHASE
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM
The Company has been notified that on 21 September 2023, the following Persons Discharging Managerial Responsibilities ("PDMRs") purchased shares in the Company:
| Name of PDMR | Number of shares acquired | Purchase price per share | Date acquired |
| Steve Johnson | 18,000 | £1.11 | 21 September 2023 |
| John Fallon | 35,525 | £1.12 | 21 September 2023 |
| Elizabeth Fallon | 36,858 | £1.08 | 21 September 2023 |
| Alison Hutchinson | 21,777 | £1.14 | 21 September 2023 |
| Loraine Martins | 10,888 | £1.14 | 21 September 2023 |
The Notification of Dealing Form for each PDMR can be found below. This announcement is made in accordance with the UK Market Abuse Regulation (Regulation (EU) 596/2014, as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018).
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Steven Johnson
|
| 2 | Reason for the notification | |
| a) | Position/status |
Non-Executive Director - Chairman
|
| b) | Initial notification /Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | DFS Furniture PLC |
| b) | LEI | 213800GDSOBNKS1U1P93
|
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares 0.10p ISIN: GB00BTC0LB89
|
| b) | Nature of the transaction
| Purchase of shares on the market
|
| c) | Price(s) and volume(s)
| Price - £1.11 Volume - 18,000 |
| d) | Aggregated information - Aggregated volume - Price | N/A
|
| e) | Date of the transaction | 21 September 2023 |
| f) | Place of the transaction | London |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | John Fallon |
| 2 | Reason for the notification | |
|
a) |
Position / Status |
Chief Financial Officer
|
| b) | Initial notification/ Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | DFS Furniture PLC |
| b) | LEI | 213800GDSOBNKS1U1P93
|
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares 0.10p ISIN: GB00BTC0LB89
|
| b) | Nature of the transaction | Purchase of shares on the market |
| c) | Price(s) and volume(s)
| Price - £1.12 Volume - 35,525
|
| d) | Aggregated information - Aggregated volume - Price | N/A |
| e) | Date of the transaction | 21 September 2023 |
| f) | Place of the transaction | London
|
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Elizabeth Fallon |
| 2 | Reason for the notification | |
|
a) |
Position / Status |
PCA of John Fallon, Chief Financial Officer |
| b) | Initial notification/ Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | DFS Furniture PLC |
| b) | LEI | 213800GDSOBNKS1U1P93
|
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares 0.10p ISIN: GB00BTC0LB89
|
| b) | Nature of the transaction | Purchase of shares on the market |
| c) | Price(s) and volume(s)
| Price - £1.08 Volume - 36,858
|
| d) | Aggregated information - Aggregated volume - Price | N/A |
| e) | Date of the transaction | 21 September 2023 |
| f) | Place of the transaction | London |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Alison Hutchinson |
| 2 | Reason for the notification | |
|
a) |
Position / Status |
Non-Executive Director |
| b) | Initial notification/ Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | DFS Furniture PLC |
| b) | LEI | 213800GDSOBNKS1U1P93
|
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares 0.10p ISIN: GB00BTC0LB89
|
| b) | Nature of the transaction | Purchase of shares on the market |
| c) | Price(s) and volume(s)
| Price - £1.14 Volume - 21,777
|
| d) | Aggregated information - Aggregated volume - Price | N/A |
| e) | Date of the transaction | 21 September 2023 |
| f) | Place of the transaction | London |
| 1 | Details of the person discharging managerial responsibilities / person closely associated | |
| a) | Name | Loraine Martins |
| 2 | Reason for the notification | |
|
a) |
Position / Status |
Non-Executive Director
|
| b) | Initial notification/ Amendment | Initial notification |
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |
| a) | Name | DFS Furniture PLC |
| b) | LEI | 213800GDSOBNKS1U1P93
|
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
| |
| a) | Description of the financial instrument, type of instrument Identification code | Ordinary Shares 0.10p
ISIN: GB00BTC0LB89
|
| b) | Nature of the transaction | Purchase of shares on the market |
| c) | Price(s) and volume(s)
| Price - £1.14 Volume - 10,888
|
| d) | Aggregated information - Aggregated volume - Price | N/A |
| e) | Date of the transaction | 21 September 2023 |
| f) | Place of the transaction | London |
Enquiries:
| DFS Liz McDonald (Group Company Secretary) Phil Hutchinson Investor Relations investor.relations@dfs.co.uk
| Teneo
James Macey-White Jessica Reid Ayo Sangobowale +44 (0)20 7353 4200 85fs.dfs@teneo.com
|
About DFS Furniture plc
The Group is the clear market-leading retailer of living room furniture in the United Kingdom. Our Group purpose is to bring great design and comfort into every living room, in an affordable, responsible and sustainable manner. We operate an integrated physical and digital retail network of living room furniture showrooms and web sites in the United Kingdom, Republic of Ireland, trading through our leading brands, DFS and Sofology. We attract customers through our targeted and national marketing activities and our reputation for high quality products and service, breadth of product offer and favourable consumer financing options. We fulfil orders for our exclusive product ranges through our own UK finished goods factories, and through manufacturing partners located in the UK, Europe and Far East, and delivered with care through our expert final-mile delivery service "The Sofa Delivery Company Limited".
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