Director/PDMR Shareholding

RNS Number : 0858D

Kingfisher PLC

10 May 2012

 



KINGFISHER PLC ("the Company")

Notification of Transactions by Person Discharging Managerial Responsibility (PDMR)

Grant of Award under the Kingfisher Performance Share Plan ("PSP")

In accordance with Disclosure and Transparency Rule 3.1.4.R, the Company was notified on 9 May 2012 that a conditional award over 245,722 ordinary shares in the Company was granted to Philippe Tible, a PDMR on 3 May 2012. The award was made under the Kingfisher Performance Share Plan (the "PSP") and was granted as a nil-cost option and is subject to performance and employment conditions set out in the Company's annual report.

The number of shares subject to the award was determined by using the average adjusted closing price of a Kingfisher plc share on 30 April, 1 and 2 May 2012 of £2.901667 per share.

The award is subject to performance conditions and will receive additional dividend roll-up shares at the appropriate time. One half of the award will vest on 17 June 2014, with the remaining half vesting on 17 June 2015.

Kathryn Hudson

Company Secretary

10 May 2012

 

END

 

 

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