Kingfisher PLC — Director's Dealing 2013

Apr 29, 2013

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RNS Number : 4935D

Kingfisher PLC

29 April 2013

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 26 April 2013 that conditional awards over 63,640 and 63,810 ordinary shares in the Company were granted to PDMRs Guy Colleau (CEO, Group Sourcing and Offer) and Steve Willett (CEO, Group Productivity & Development), respectively on 25 April 2013 following their appointment to the Group Executive Committee.  

The awards were made under the Kingfisher Performance Share Plan (the "PSP") and were granted as nil-cost options.  The awards are subject to performance and employment conditions set out in the Company's annual report, and will receive additional dividend roll-up shares at the appropriate time. One half of the awards will vest on 17 June 2014, with the remaining half vesting on 17 June 2015.

The number of shares subject to the awards was determined by using the average adjusted closing price of a Kingfisher plc share on 22, 23 and 24 April 2013 of £3.0167per share.

David Morris

Assistant Company Secretary

29 April 2013

This information is provided by RNS

The company news service from the London Stock Exchange

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