KINGFISHER PLC (the 'Company')
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility ('PDMRs')
The Company confirms that 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 5 May 2015 to the following PDMRs of the Company.
Long Term Incentive Plan ('LTIP')
PDMR |
Number of shares subject to awards (see note below) |
Normal Vesting Date |
Normal Final Exercise Date
|
Guy Colleau |
173,604 |
5 May 2018 |
4 May 2022 |
Veronique Laury |
398,213 |
5 May 2018 |
4 May 2022 |
Alain Souillard |
177,682 |
5 May 2018 |
4 May 2022 |
Arja Taaveniku |
312,882 |
5 May 2018 |
4 May 2022 |
Steve Willett |
174,929 |
5 May 2018 |
4 May 2022 |
Karen Witts |
312,882 |
5 May 2018 |
4 May 2022 |
The vesting of the LTIP awards are subject to the achievement of Earnings Per Share (EPS) and Kingfisher Economic Profit (KEP) targets, further details of which are contained in the 2014/15 Annual Report.
The value of dividends accrued, in the form of dividend equivalents, will be added to the LTIP awards until the date of exercise.
Restricted Stock Award ('RSA')
PDMR |
Number of shares subject to awards (see note below) |
Normal Vesting Date |
Normal Final Exercise Date
|
Arja Taaveniku |
44,087 |
5 December 2016 |
4 May 2022 |
Ms. Taaveniku was granted the RSA award on 5 May 2015.
The LTIP and RSA 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.
David Morris
Deputy Company Secretary
Tel: 020 7644 1230