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On 20 October 2025, 41,606 conditional ordinary shares granted to DFS Furniture PLC's Chief Executive Officer, Tim Stacey, under a 2023 Deferred Bonus Plan award, along with 1,441 Dividend Equivalent Shares, vested. Mr. Stacey then sold 20,233 shares to satisfy tax and National Insurance liabilities, retaining 22,814 ordinary shares.
| Date | 20 Oct 2025 |
| Time | 10:35:51 |
| Category | Director/PDMR dealings |
| ID | 0379E |
20 October 2025
DFS Furniture PLC
Deferred Bonus Plan
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
DFS Furniture PLC ("the Company") Deferred Bonus Plan ("DBP"): vesting of 2023 Award and related sale.
On 20 October 2023, the Company announced that 41,606 conditional awards of ordinary shares of 0.10p each in the Company ("Shares") had been granted under the DBP to Tim Stacey.
On 20 October 2025, the deferred Shares described above vested on the second anniversary of the conditional award of Shares. Under the Company's directors' remuneration policy the award accrued Dividend Equivalents between the award date and the vesting date amounting to 1,441 Shares.
The table below shows the number of shares acquired by Mr Stacey under the award, the number of Dividend Equivalent Shares, the number of Shares sold to satisfy the tax and national insurance liabilities, and the number of Shares retained following the sales.
|
Executive Director
|
Shares Vested
|
Dividend Equivalent Shares
|
Shares sold to satisfy tax and NI liabilities |
Shares retained |
|
Tim Stacey |
41,606 |
1,441 |
20,233 |
22,814 |
The Notification of Dealing Form 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 |
Tim Stacey
|
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Chief Executive 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
|
Acquisition of ordinary shares arising in connection with the settlement of Deferred Bonus Plan award granted on 20 October 2023 and an amount for Dividend Equivalent |
|
c) |
Price(s) and volume(s)
|
Price - £0.00 Volume - 22,814 |
|
d) |
Aggregated information - Aggregated volume - Price |
N/A |
|
e) |
Date of the transaction |
20 October 2025 |
|
f) |
Place of the transaction |
Outside a trading venue |
|
1 |
Details of the person discharging managerial responsibilities / person closely associated |
|
|
a) |
Name |
Tim Stacey |
|
2 |
Reason for the notification |
|
|
a) |
Position/status |
Chief Executive 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
|
Disposal of shares to satisfy tax and NI liabilities in respect of the settlement of Deferred Bonus Plan award granted on 20 October 2023 |
|
c) |
Price(s) and volume(s)
|
Price - £0.00 Volume - 22,814 |
|
d) |
Aggregated information - Aggregated volume - Price |
N/A
|
|
e) |
Date of the transaction |
20 October 2025 |
|
f) |
Place of the transaction |
London Stock Exchange |