TIDMDC.

RNS Number : 0343G

Dixons Carphone PLC

21 July 2021

21 July 2021

DIXONS CARPHONE PLC

NOTIFICATION OF TRANSACTION OF DIRECTOR

Award under The Dixons Carphone plc Long Term Incentive Plan 2016

In accordance with the requirements of DTR 3.1 and Market Abuse Regulation Article 19, Dixons Carphone plc (the 'Company') announces the following share transaction undertaken by Alex Baldock, Group Chief Executive (a PDMR).

Alex Baldock exercised nil cost options over ordinary shares of 0.1 pence in the Company in respect of the 2018 LTIP Award (the "Award") which was granted on the 22 June 2018 under The Dixons Carphone plc Long Term Incentive Plan 2016. The Award vested on 19 July 2021, in accordance with the achievement of the applicable performance conditions. Further details of the achievement of the performance conditions are disclosed in the 2020/21 Directors' Remuneration Report, which will be available at www.dixonscarphone.com from 28 July 2021.

In total, Alex Baldock exercised 666,849 options, made up of 598,591 options and 68,258 accrued dividend equivalents, and sold 314,521 shares to cover the tax liability arising on the transaction. The remaining 352,328 shares were retained. The exercise has been satisfied using market purchase shares and the shares are subject to a 2-year post vest holding requirement.

 
 PMDR DEALING NOTIFICATION 
 Notification and public disclosure of transactions by persons discharging managerial responsibilities 
  and persons closely associated with them 
 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                                                      Dixons Carphone plc 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   LEI                                                       2138001E12GWLLDQQF16 
     --------------------------------------------------------  ------------------------------------------------------- 
 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          Ordinary shares of GBP0.1p each in Dixons Carphone plc 
      instrument 
     --------------------------------------------------------  ------------------------------------------------------- 
      Identification code                                       GB00B4Y7R145 
     --------------------------------------------------------  ------------------------------------------------------- 
 b)   Nature of the transaction                                 Exercise of a share option under the Dixons Carphone 
                                                                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       666,849 
                                                                   GBP1.174368    314,521 
                                                                                 ---------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 d)   Aggregated information -   Aggregated volume              1. Exercise Price(s)   Volume(s)  Total 
                                                                  Nil cost   666,849    GBP0.00 
        -   Price                                                           ----------  ------- 
 
                                                                 2. Sale Price(s)      Volume(s)  Total 
                                                                  GBP1.174368   314,521    GBP369,363 
                                                                               ----------  ---------- 
     --------------------------------------------------------  ------------------------------------------------------- 
 e)   Date of the transaction                                   19-07-2021 
       (DD-MM-YYYY) 
     --------------------------------------------------------  ------------------------------------------------------- 
 f)   Place of the transaction                                  London Stock Exchange (XLON) 
     --------------------------------------------------------  ------------------------------------------------------- 
 

Enquiries:

   Sarah Thomas    Deputy Company Secretary     +44 (0)7401 373 188 
   Dan Homan       Head of Investor Relations      +44 (0)7401 400 442 

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END

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