Director/PDMR Shareholding

RNS Number : 2945M
Kingfisher PLC
10 January 2023
 

KINGFISHER PLC

 

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

 

10 January 2023: Kingfisher plc (the 'Company') today announces the following share transaction made by John Mewett, CEO Screwfix (a PDMR), which occurred on 9 January 2023.

 

John exercised options over ordinary shares of 15 5/7 pence each in the Company granted under the Kingfisher Alignment Shares and Transformation Incentive Plan and the Kingfisher Incentive Share Plan. John exercised a total of 173,985 options and sold 82,266 shares to cover the tax liability arising on the exercise of these options. The remaining 91,719 shares were retained.

 

The PDMR notification below, made in accordance with the requirements of the UK Market Abuse Regulation, provides further detail of the notifiable transaction.

 

Enquiries:

Chloe Barry

Group Company Secretary

Tel: +44(0) 7768 806248

Email: secretariat@kingfisher.com

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

b)

Natural person: 

Legal person 

John Mewett

2

Reason for the notification

a)

Position/status:

CEO Screwfix

b)

Initial notification/amendment

Initial notification

3

Details of the Issuer

a)

Name

Kingfisher plc

b)

Legal Entity Identifier:

213800KBMEV7I92FY281

4

Details of the transaction(s): Parts a-d of this section are to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted.

a)

Description of the financial instrument, type of instrument (Identification code)

Kingfisher plc Ordinary Shares of 15 5/7 pence each

 

(ISIN: GB0033195214)

b)

Nature of the transaction

i.  Exercise of share options under Kingfisher Alignment Shares and Transformation Incentive Plan; and

ii.  the sale of shares to cover the tax arising from the exercise.

c)

Price(s) and volume(s)

Price(s)

  Volume(s)

i.  Nil

i.  146,417

ii.  £2.5327

ii.  69,231

d)

Aggregated information

- Aggregated volume

- Price

- Aggregated volume

- Price

 

146,417 (exercice)

Nil (exercise)

69,231 (sale to cover tax liability )

£175,344.68 (sale to cover tax liability )

e)

Date of the transaction (YYYY - MM - DD)

2023-01-09

f)

Place of the transaction

XLON (London Stock Exchange)

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

b)

Natural person: 

Legal person 

John Mewett

2

Reason for the notification

a)

Position/status:

CEO Screwfix

b)

Initial notification/amendment

Initial notification

3

Details of the Issuer

a)

Name

Kingfisher plc

b)

Legal Entity Identifier:

213800KBMEV7I92FY281

4

Details of the transaction(s): Parts a-d of this section are to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted.

a)

Description of the financial instrument, type of instrument (Identification code)

Kingfisher plc Ordinary Shares of 15 5/7 pence each

 

(ISIN: GB0033195214)

b)

Nature of the transaction

i.  Exercise of share options under the Kingfisher Incentive Share Plan; and

ii.  the sale of shares to cover the tax arising from the exercise.

c)

Price(s) and volume(s)

Price(s)

  Volume(s)

i.  Nil

i.  27,568

i.  £2.5393

ii.  13,035

d)

Aggregated information

- Aggregated volume

- Price

- Aggregated volume

- Price

 

27,568 (exercise)

Nil (exercise)

13,035 (sale to cover tax liability )

£33,100.86 (sale to cover tax liability )

e)

Date of the transaction (YYYY - MM - DD)

2023-01-09

f)

Place of the transaction

XLON (London Stock Exchange)

 

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