REG - Kingfisher PLC - Director/PDMR Shareholding

KingfisherAnnouncement

26/09/2024 15:00

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RNS Number : 8627F  Kingfisher PLC  26 September 2024

 

 

KINGFISHER PLC

(the 'Company')

 

Notification of Transactions by Director/Person Discharging Managerial
Responsibility ('PDMR')

 

26 September 2024: Kingfisher plc announces the following transactions made by
Thierry Garnier, Chief Executive Officer (a PDMR) on 25 and 26 September 2024.
 

 

On 25 September, Thierry exercised 1,447,573 nil-cost options over Ordinary
Shares of 15 5/7p in the Company, granted to him in 2019 as Delivering Value
Incentive (DVI) awards, under the Kingfisher Alignment Shares and
Transformation Incentive Plan (KASTIP). A portion of the vested shares were
then sold to satisfy tax and National Insurance liabilities.

 

As indicated in the Company's 2023/24 Annual Report released in April 2024
and, in accordance with the approved Directors' Remuneration Policy, on 26
September Thierry subsequently sold 50% of the resulting shares and retained
the remaining 50%. Following the transaction, Thierry's shareholding as a
percentage of salary is currently 333%.

 

More information is set out within the Directors' Remuneration Report of the
Company's 2023/24 Annual Report, which is available from www.kingfisher.com
(http://www.kingfisher.com)

 

The PDMR notifications below, made in accordance with the requirements of the
UK Market Abuse Regulation, provide further detail of the notifiable
transactions.

 

Enquiries:

Chloe Barry

Group Company Secretary

Tel: +44(0) 7768 806248

Email: secretariat@kingfisher.com (mailto:secretariat@kingfisher.com)

 

 

 

 1    Details of the person discharging managerial responsibilities/person closely
      associated
 a)   Natural person:                                                              Thierry Garnier

 b)   Legal
      person
 2    Reason for the notification
 a)   Position/status:                                                             Chief Executive Officer
 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  Kingfisher Ordinary Shares of 15 5/7 pence each
      code)

                                                                                   (ISIN: GB0033195214)
 b)   Nature of the transaction                                                    i)    An exercise of nil-cost options under the KASTIP.

                                                                                   ii)    Sale of shares to cover tax and NI.

 c)   Price(s) and volume(s)                                                       Price(s)                        Volume(s)
      i)          Nil                                                                                              1,447,573 DVI Awards
      ii)          £3.259413                                                                                       682,743
 d)   Aggregated information

      - Aggregated volume                                                          1,447,573 (exercise)

      - Price                                                                      Nil (exercise)

      - Aggregated volume                                                          682,743 (sale of shares to cover tax and NI)

      - Price                                                                      £3.259413 (sale of shares to cover tax and NI)

 e)   Date of the transaction (YYYY - MM - DD)                                     2024-09-25
 f)   Place of the transaction                                                     XLON (London Stock Exchange)

 

 1    Details of the person discharging managerial responsibilities/person closely
      associated
 a)   Natural person:                                                              Thierry Garnier

 b)   Legal
      person
 2    Reason for the notification
 a)   Position/status:                                                             Chief Executive Officer
 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  Kingfisher Ordinary Shares of 15 5/7 pence each
      code)

                                                                                   (ISIN: GB0033195214)
 b)   Nature of the transaction                                                    Sale of shares.
 c)   Price(s) and volume(s)                                                       Price(s)                    Volume(s)
      £3.235527                                                                                                382,415
 d)   Aggregated information

      - Aggregated volume                                                          382,415

      - Price                                                                      £3.235527
 e)   Date of the transaction (YYYY - MM - DD)                                     2024-09-26
 f)   Place of the transaction                                                     XLON (London Stock Exchange)

 

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