Kingfisher (GB:KGF) has released an update.
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John Mewett, CEO of Screwfix and PDMR of Kingfisher PLC, has exercised and subsequently sold his vested nil-cost options, resulting from awards under the company’s incentive plan in 2019. The transaction involved the sale of 300,000 ordinary shares at a price of £2.7550 each on the London Stock Exchange on July 31st, 2024. This financial move reflects significant activity within Kingfisher’s managerial ranks and could be of interest to shareholders and potential investors.
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