Last checked at 24 Sep 2020 15:27
KINGFISHER PLC
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility ('PDMRs')
Kingfisher plc (the 'Company') today announces the following share transaction undertaken by Martin Lee, Chief Supply Chain Officer (a PDMR).
Martin exercised options over ordinary shares of 15 5/7p in the Company granted under the Kingfisher Alignment Shares and Transformation Incentive Plan. Martin exercised a total of 75,838 options and sold 36,487 shares to cover the tax liability arising on the exercise of these options. The remaining 39,351 shares were retained.
The PDMR notification below, which is made in accordance with the requirements of the EU Market Abuse Regulations, provides further detail of the notifiable transaction.
Enquiries:
Paul Moore
Group Company Secretary
Tel: +44(0) 7887 456498
Email: secretariat@kingfisher.com
1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) b) | Natural person: Legal person | Martin Lee | |
2 | Reason for the notification | ||
a) | Position/status: | Chief Supply Chain Officer | |
b) | Initial notification/amendment | Initial notification | |
3 | Details of the Issuer | ||
a) | Name | Kingfisher plc | |
b) | Legal Entity Identifier: | 213800KBMEV7I92FY281 | |
4 | Details of the transaction(s): Parts a-d of this section are 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) | Kingfisher Ordinary Shares of 15 5/7 pence each
(ISIN: GB0033195214) | |
b) | Nature of the transaction | Exercise of a share option under the Kingfisher Alignment Shares and Transformation Incentive Plan and sale of shares to cover the tax arising from the exercise. | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
£0.00 | 75,838 | ||
£2.924 | 36,487 | ||
d) | Aggregated information - Aggregated volume - Price - Aggregated volume - Price |
75,838 (exercise) £0.00 (exercise) 36,487 (sale) £106,687.99 (sale) | |
e) | Date of the transaction (YYYY - MM - DD) | 2020-09-23 | |
f) | Place of the transaction | XLON (London Stock Exchange) | |