Director/PDMR Shareholding
Currys PLC announced that Group Chief Executive Alex Baldock and Group Chief Financial Officer Bruce Marsh exercised nil cost options under the 2023 LTIP Award, which vested on July 28, 2026. Alex Baldock exercised 3,700,765 options, selling 1,742,877 shares for £1.65 each to cover tax liabilities, retaining 1,957,888 shares. Bruce Marsh exercised 1,990,018 options, selling 937,215 shares at £1.65 each for tax purposes, retaining 1,052,803 shares. All retained shares are subject to a two-year post-vest holding requirement.
Select text to share a quote on X · sign in to keep highlights & notes in your CURY notes
In accordance with the requirements of DTR 3.1 and Market Abuse Regulation Article 19, Currys plc (the 'Company') announces the following share transaction undertaken by Alex Baldock, Group Chief Executive (a PDMR) and Bruce Marsh, Group Chief Financial Officer (a PDMR).
Alex Baldock and Bruce Marsh exercised nil cost options over ordinary shares of 0.1 pence in the Company in respect of the 2023 LTIP Award (the 'Award') which was granted on the 28 July 2023 under the Currys plc Long Term Incentive Plan 2016. The Award vested on 28 July 2026, in accordance with the achievement of the applicable performance conditions. Further details of the achievement of the performance conditions are disclosed in the 2025/26 Directors' Remuneration Report, which will be available at www.currysplc.com from 30 July 2026.
Alex Baldock exercised 3,700,765 options, made up of 3,642,742 options and 58,023 accrued dividend equivalents, and sold 1,742,877 to cover the tax liability arising on the transaction. The remaining 1,957,888 shares were retained.
Bruce Marsh exercised 1,990,018 options, made up of 1,958,817 options and 31,201 accrued dividend equivalents, and sold 937,215 to cover the tax liability arising on the transaction. The remaining 1,052,803 shares were retained.
Both exercises have been satisfied using market purchase shares and the retained shares are subject to a 2-year post vest holding requirement.
PDMR DEALING NOTIFICATION
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Alex Baldock |
| 2 | Reason for the notification | |
| a) | Position/status | Group Chief Executive |
| b) | Initial notification/Amendment | Initial notification |
| 3 | Details of the issuer | |
| a) | Name | Currys plc |
| b) | LEI | 2138001E12GWLLDQQF16 |
| a) | Description of the financial instrument, type of instrument | Ordinary shares of 0.1p each in Currys plc |
| Identification code | GB00B4Y7R145 | |
| b) | Nature of the transaction | Exercise of a share option under the Currys Long Term Incentive Plan ("LTIP") and sale of shares to cover the tax and NIC arising from the exercise |
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil cost 3,700,765 £1.65 1,742,877 |
| d) | Aggregated information - Aggregated volume - Price | 1. Exercise Price(s) Volume(s) Total Nil cost 3,700,765 £0.00 2. Sale Price(s) Volume(s) Total £1.65 1,742,877 £2,869,877 |
| e) | Date of the transaction (DD-MM-YYYY) | 28-07-2026 |
| f) | Place of the transaction | London Stock Exchange (XLON) |
| PDMR DEALING NOTIFICATION | ||
| 1 | Details of the person discharging managerial responsibilities/person closely associated | |
| a) | Name | Bruce Marsh |
| 2 | Reason for the notification | |
| a) | Position/status | Group Chief Financial Officer |
| b) | Initial notification/Amendment | Initial notification |
| 3 | Details of the issuer | |
| a) | Name | Currys plc |
| b) | LEI | 2138001E12GWLLDQQF16 |
| a) | Description of the financial instrument, type of instrument | Ordinary shares of 0.1p each in Currys plc |
| Identification code | GB00B4Y7R145 | |
| b) | Nature of the transaction | Exercise of a share option under the Currys Long Term Incentive Plan ("LTIP") and sale of shares to cover the tax and NIC arising from the exercise |
| c) | Price(s) and volume(s) | Price(s) Volume(s) Nil cost 1,990,018 £1.65 937,215 |
| d) | Aggregated information - Aggregated volume - Price | 1. Exercise Price(s) Volume(s) Total Nil cost 1,990,018 £0.00 2. Sale Price(s) Volume(s) Total £1.65 937,215 £1,543,248 |
| e) | Date of the transaction (DD-MM-YYYY) | 28-07-2026 |
| f) | Place of the transaction | London Stock Exchange (XLON) |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.