Director/PDMR Shareholding

RNS Number : 0373P

Kingfisher PLC

18 October 2012

 



KINGFISHER PLC ("the Company")

Notification of Transactions by Directors/Persons 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 18 October 2012 that a conditional award over 498,857 ordinary shares in the Company was granted to Karen Witts, a PDMR on 16 October 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 11, 12 and 15 October 2012 of £2.7137 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.

David Morris

Assistant Company Secretary

18 October 2012

 

END

 

 

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