Director/PDMR Shareholding

RNS Number : 7110R

Kingfisher PLC

15 September 2014

 



KINGFISHER PLC (the 'Company')

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility ('PDMRs')

The Company confirms that long-term incentive awards to acquire ordinary shares of 15 5/7p each in the Company ('Shares') were granted under the Kingfisher Incentive Share Plan (the 'Plan') on 15 September 2014 to the following PDMRs of the Company.

PDMR	Number of shares subject to awards (see note below)
Guy Colleau	152,026
Veronique Laury	124,204
Kevin O'Byrne	355,004
Alain Souillard	186,445
Steve Willett	170,691
Karen Witts	291,423

The vesting of the awards is subject to the achievement of earnings per share (EPS) and Kingfisher Economic Profit (KEP) targets, further details of which are contained in the 2013/14 Annual Report.

The normal vesting date for these awards is 3 July 2017 and the normal final exercise date is 3 June 2021.

The value of dividends accrued, in the form of dividend equivalents, will be added to the awards until the date of exercise.

The awards were granted as nil cost options and no consideration was payable on the grant of the awards.  No consideration is payable on the exercise of the award.

The above information has been disclosed in accordance with DTR 3.1.4.

Kathryn Hudson

Company Secretary

15 September 2014

 

END

 

 

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