10 Jan 2023 17:00
KINGFISHER PLC
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Notification of Transactions of Persons Discharging Managerial Responsibility ('PDMRs')
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10 January 2023: Kingfisher plc (the 'Company') today announces the following share transaction made by John Mewett, CEO Screwfix (a PDMR), which occurred on 9 January 2023.
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John exercised options over ordinary shares of 15 5/7 pence each in the Company granted under the Kingfisher Alignment Shares and Transformation Incentive Plan and the Kingfisher Incentive Share Plan. John exercised a total of 173,985 options and sold 82,266 shares to cover the tax liability arising on the exercise of these options. The remaining 91,719 shares were retained.
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The PDMR notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail of the notifiable transaction.
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Enquiries:
Chloe Barry
Group Company Secretary
Tel: +44(0) 7768Β 806248
Email: secretariat@kingfisher.com
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1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) b) | Natural person: Legal person | John Mewett | |
2 | Reason for the notification | ||
a) | Position/status: | CEO Screwfix | |
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 plc Ordinary Shares of 15 5/7 pence each Β (ISIN: GB0033195214) | |
b) | Nature of the transaction | i. Exercise of share options under Kingfisher Alignment Shares and Transformation Incentive Plan; and ii. the sale of shares to cover the tax arising from the exercise. | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
i. Nil | i. 146,417 | ||
ii. Β£2.5327 | ii. 69,231 | ||
d) | Aggregated information - Aggregated volume - Price - Aggregated volume - Price | Β 146,417 (exercice) Nil (exercise) 69,231 (sale to cover tax liability) Β£175,344.68 (sale to cover tax liability) | |
e) | Date of the transaction (YYYY - MM - DD) | 2023-01-09 | |
f) | Place of the transaction | XLON (London Stock Exchange) | |
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1 | Details of the person discharging managerial responsibilities/person closely associated | ||
a) b) | Natural person: Legal person | John Mewett | |
2 | Reason for the notification | ||
a) | Position/status: | CEO Screwfix | |
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 plc Ordinary Shares of 15 5/7 pence each Β (ISIN: GB0033195214) | |
b) | Nature of the transaction | i. Exercise of share options under the Kingfisher Incentive Share Plan; and ii. the sale of shares to cover the tax arising from the exercise. | |
c) | Price(s) and volume(s) | Price(s) | Volume(s) |
i. Nil | i. 27,568 | ||
i. Β£2.5393 | ii. 13,035 | ||
d) | Aggregated information - Aggregated volume - Price - Aggregated volume - Price | Β 27,568 (exercise) Nil (exercise) 13,035 (sale to cover tax liability) Β£33,100.86 (sale to cover tax liability) | |
e) | Date of the transaction (YYYY - MM - DD) | 2023-01-09 | |
f) | Place of the transaction | XLON (London Stock Exchange) | |
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