11 May 2018 07:30
KINGFISHER PLC
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility ('PDMRs')
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.
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.
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.
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 |
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) | ||
Date the Company received notification of the above dealings: 2018-05-08
For further information, please contact:
Paul Moore, Group Company Secretary
Tel: +44 (0)207 644 1041
Kingfisher plc
3 Sheldon Square, London W2 6PX
Kingfisher (KGF)