Director/PDMR Shareholding

RNS Number : 3699P
Kingfisher PLC
05 June 2015
 



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

 


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