Kingfisher PLC — Director's Dealing 2016

Sep 28, 2016

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RNS Number : 1026L

Kingfisher PLC

28 September 2016

KINGFISHER PLC

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

Kingfisher plc (the 'Company') today announces the following share transactions made by Persons Discharging Managerial Responsibility ('PDMRs') which occurred on 27 September 2016

1)   Jean-Paul Constant, Chief Sales and Retail Operations Officer

Jean-Paul Constant was granted awards to acquire ordinary shares in the Company under the Kingfisher Alignment Shares Awards and Transformation Incentive Plan (the 'KASTIP') approved by shareholders at our Annual General Meeting on 15 June 2016. These awards comprised a Transformation Incentive Award and Alignment Share Awards to align with the Group Executive. A Recruitment Award was also made to compensate Jean-Paul for awards that would have been due from his previous employer.

2)   Karen Witts, Chief Financial Officer

Karen Witts exercised options over ordinary shares of 15 5/7p in the Company granted under the Company Share Option Plan (the 'CSOP') and the Kingfisher Incentive Share Scheme (the 'KISS').

The CSOP is an HMRC approved plan underpinned by a matching fixed value element granted under the KISS. Karen exercised 10,313 CSOP options and 9,443 KISS options and sold 12,652 shares to cover the CSOP option cost and any tax liabilities arising on exercise. 7,104 shares were retained following the above transactions.

The notifications for each PDMR below, which were made in accordance with the requirements of the EU Market Abuse Regulations, provide further detail of the notifiable transactions.

Enquiries:

Paul Moore

Group Company Secretary

Tel: : +44 (0)207 644 1041

Email: secretariat@kingfisher.com

1	Details of the person discharging managerial responsibilities/person closely associated
a) b)	Natural person:                 Legal person	Jean-Paul Constant
2	Reason for the notification
a)	Position/status:	Chief Sales and Retail Operations 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-f 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 Ordinary Shares of 15 5/7 pence each (ISIN: GB0033195214)
b)	Nature of the transaction	Award of nil-cost options to acquire shares under the Kingfisher Alignment Shares and Transformation Incentive Plan.
c)	Price(s) and volume(s)	Price(s)	Volume(s)
Nil	674,365 (Transformation Incentive Award)
Nil	22,478 (Alignment Shares Award, immediate vest)
Nil	67,436 (Alignment Shares Award, underpin conditions)
Nil	178,508 (Recruitment Award)
d)	Aggregated information - Aggregated volume - Price	942,787 shares Nil
e)	Date of the transaction (YYYY - MM - DD)	2016-09-27
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	Karen Witts
2	Reason for the notification
a)	Position/status:	Chief Financial 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-f 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 Ordinary Shares of 15 5/7 pence each (ISIN: GB0033195214)
b)	Nature of the transaction	Exercise of share options under the Company Share Option Plan (the 'CSOP') and the Kingfisher Incentive Share Scheme (the 'KISS').
c)	Price(s) and volume(s)	Price(s) 290.87 pence per share (option price)	Volume(s) 10,313 (CSOP exercise)
Nil (nil-cost option)	9,443 (KISS underpin exercise)
d)	Aggregated information - Aggregated volume - Price	19,756 shares Average 151.84 pence per share
e)	Date of the transaction (YYYY - MM - DD)	2016-09-27
f)	Place of the transaction	XLON (London Stock Exchange)

a)	Description of the financial instrument, type of instrument (Identification code)	Kingfisher Ordinary Shares of 15 5/7 pence each (ISIN: GB0033195214)
b)	Nature of the transaction	Sale of shares acquired under the Company Share Option Plan (the 'CSOP') and the Kingfisher Incentive Share Scheme (the 'KISS').
c)	Price(s) and volume(s)	Price(s) 365.80 pence per share	Volume(s) 12,652
d)	Aggregated information - Aggregated volume - Price	n/a
e)	Date of the transaction (YYYY - MM - DD)	2016-09-27
f)	Place of the transaction	XLON (London Stock Exchange)

This information is provided by RNS

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