The recent notification from Halfords Group PLC under the UK Market Abuse Regulation reveals the share transactions of several Persons Discharging Managerial Responsibilities (PDMRs) and persons closely associated with them. Graham Stapleton, the Chief Executive Officer, purchased 4,073 shares under the Deferred Bonus Plan and 44,805 shares under the Performance Share Plan. Johanna Hartley, the Chief Financial Officer, acquired 13,536 shares, and Karen Bellairs, the Group Chief Customer and Commercial Officer, bought 1,890 shares under the Deferred Bonus Plan and 19,015 shares under the Performance Share Plan.
The transactions were made through dividend reinvestment on awards granted in various years, resulting in a total of 244,621 shares for Mr. Stapleton, 2,690,017 shares for Mr. Stapleton, 812,699 shares for Ms. Hartley, and 113,489 shares for Ms. Bellairs under their respective plans as of January 30, 2024. The shares were purchased at a price of 1.771 per share on the London Stock Exchange, Main Market (XLON) on January 19, 2024.
These transactions indicate the confidence of the company's top executives in its performance and future prospects. It also aligns their interests with the long-term success of Halfords Group PLC. Such transparency in the share dealings of key personnel can provide valuable insights to investors and stakeholders regarding the company's leadership's commitment and belief in its strategic direction and growth potential.