Director/PDMR Shareholding
19 Juin 2006 - 2:04PM
UK Regulatory
RNS Number:8008E
Debenhams plc
19 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 holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18 or in respect of a non-beneficial
interest
Holding of Michael Sharp
4. Name of the registered holder(s) and, if more than one holder, the number of
shares 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 the
director named in 2 above and identify the connected person(s)
N/A
6. Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary
The Prospectus issued on the Admission of Debenhams plc referred to the
potential sale by Michael Sharp of 2,141,209 shares. This notification is to
advise that such sale of 2,141,209 shares has taken place at a price of 190p per
share. This sale was planned to be effected post admission after the second
anniversary of Michael Sharp's ownership period, which results in a reduction in
his 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 Employee
Limited Partnership, which remain subject to a lock up of 365 days from
admission.
108,791 shares held directly by Michael Sharp which remain subject to a lock up
of 365 days from admission.
In addition the executive directors of Debenhams plc are technically deemed to
be interested as potential beneficiaries in the Debenhams Retail Employee Trust
2004, 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 Baroness
Employee Limited Partnership
In addition, as a director of Debenhams plc, Michael Sharp is technically deemed
to be interested in the Debenhams Retail Employee Trust 2004, which has a total
holding in Debenhams plc of 0.38%.
If a director has been granted options by the company please complete the
following 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 be
fixed at time of exercise
N/A
22. Total number of shares or debentures over which options held following this
notification
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 making
this 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 Exchange
END
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