11 May 2018 07:30
KINGFISHER PLC
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Notification of Transactions of Directors/Persons Discharging Managerial Responsibility ('PDMRs')
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Kingfisher plc (the 'Company') today announces the following share transactions made by Karen Witts, Chief Financial Officer, (a PDMR) which occurred on Tuesday, 8 May 2018.
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Karen exercised options over ordinary shares of 15 5/7p in the Company granted under the Kingfisher Performance Share Plan (the 'PSP'). Karen exercised a total of 90,490 options and sold 42,689 shares to cover the tax liability arising on the exercise of these options. 47,801 shares were retained following the above transactions.
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The PDMR notifications below, which were made in accordance with the requirements of the EU Market Abuse Regulations, provide further detail of the notifiable transactions.
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1 | Details of the person discharging managerial responsibilities/person closely associated | |||
a) b) | Natural person: Legal person | Karen Witts | ||
2 | Reason for the notification | |||
a) | Position/status: | Chief Financial 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 share options under the Kingfisher Performance Share Plan (the 'PSP'). | ||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | |
Nil (nil-cost options) | 90,490 | |||
d) | Aggregated information - Aggregated volume - Price | Â N/A | ||
e) | Date of the transaction (YYYY - MM - DD) | 2018-05-08 | ||
f) | Place of the transaction | XLON (London Stock Exchange) | ||
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 | Sale of shares to cover the tax arising from the exercise of shares under the Kingfisher Performance Share Plan (the 'PSP'). | ||
c) | Price(s) and volume(s) | Price(s) 287.6 pence per share | Volume(s) 42,689 | |
d) | Aggregated information - Aggregated volume - Price | N/A | ||
e) | Date of the transaction (YYYY - MM - DD) | 2018-05-08 | ||
f) | Place of the transaction | XLON (London Stock Exchange) | ||
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Date the Company received notification of the above dealings: 2018-05-08
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For further information, please contact:
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Paul Moore, Group Company Secretary
Tel: +44 (0)207 644 1041
Kingfisher plc
3 Sheldon Square, London W2 6PX
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