Director/PDMR Shareholding
Kingfisher PLC
16 April 2007
KINGFISHER PLC
DIRECTORS' INTERESTS
Kingfisher plc ('the Company') today announces that conditional awards of
ordinary shares in the Company were made to executive directors on 11 April
2007. These awards, made under the Kingfisher Incentive Share Scheme ('the
KISS'), were granted at a price of £2.7775 per share and become exercisable,
subject to the rules of the KISS, for a period of, generally, 6 months
commencing on 11 April 2010, provided the director has not resigned voluntarily
or been dismissed for cause.
The awards are as follows: Shares
Gerry Murphy 80,665
Duncan Tatton-Brown 39,867
Ian Cheshire 49,795
All of the awards are granted as nil cost options.
In addition, the third awards under the Performance Share Plan ('the PSP')
approved at the Company's Annual General Meeting held on 24 May 2006, have been
granted (as nil cost options) to the executive directors. In accordance with the
PSP rules, the awards were granted on 11 April 2007 at a price of £2.77.
The awards are as follows: Shares
Gerry Murphy 205,776
Duncan Tatton-Brown 99,277
Ian Cheshire 99,277
Total grants of shares under the PSP are therefore:
Shares at Shares at 255.5p Shares at
225.75p
October 2006 277p
June 2006
April 2007
Gerry Murphy 245,016 223,091 205,776
Duncan Tatton-Brown 110,741 107,632 99,277
Ian Cheshire 117,663 107,632 99,277
All of the above are subject to dividend roll-up at the appropriate time.
The interest of each of the directors in options over the ordinary shares of
Kingfisher plc following the grant of these awards is:
Gerry Murphy between 3,070,270 and 3,215,114 including dividend
roll-up on PSP awards based on dividends to date,
and dependant upon achievement of relative TSR
performance
Duncan Tatton-Brown between 647,457 and 669,732 including dividend
roll-up on PSP awards based on dividends to date,
and dependant upon achievement of relative TSR
performance
Ian Cheshire between 1,400,812 and 1,440,874 including dividend
roll-up on PSP awards based on dividends to date,
and dependant upon achievement of relative TSR
performance
The Company was notified by the directors of all awards on 13 April 2007.
16 April 2007
Helen Jones, Group Company Secretary
or Julie Wilson, Assistant Company Secretary
This information is provided by RNS
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