DFS Furniture PLC has announced that several Persons Discharging Managerial Responsibilities (PDMRs) have purchased shares in the company. The PDMRs include Steve Johnson, John Fallon, Elizabeth Fallon, Alison Hutchinson, and Loraine Martins. The purchases were made on September 21, 2023, and the prices per share ranged from £1.08 to £1.14. The transactions were made on the market in London. The announcement is in compliance with the UK Market Abuse Regulation.
Steve Johnson, a Non-Executive Director and Chairman of DFS Furniture, acquired 18,000 shares at a price of £1.11 per share. John Fallon, the Chief Financial Officer, purchased 35,525 shares at a price of £1.12 per share. Elizabeth Fallon, who is the Personal Care Assistant of John Fallon, acquired 36,858 shares at a price of £1.08 per share. Alison Hutchinson, a Non-Executive Director, purchased 21,777 shares at a price of £1.14 per share. Loraine Martins, also a Non-Executive Director, acquired 10,888 shares at a price of £1.14 per share.
The company has provided the details of each transaction, including the names of the PDMRs, the reason for the notification, the description of the financial instrument, the nature of the transaction, the price and volume of shares acquired, the date of the transaction, and the place of the transaction.
This announcement reflects the PDMRs' confidence in the company and its future prospects. The purchases of shares by key individuals within the company may indicate their belief in the long-term growth and success of DFS Furniture PLC.