Kingfisher PLC (KGF.L) Key Developments |
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Kingfisher PLC (KGF.L)

KGF.L on London Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Kingfisher Q1 underlying sales up 3.6 pct
Tuesday, 24 May 2016 02:01am EDT 

Kingfisher Plc : Q1 sales of £2.7 billion, +3.6% lfl . Trading in line with expectations . We continue to feel confident in our ability to deliver our plan . France total sales +2.2% (lfl +0.2%) . UK & Ireland total sales +1.2%. Lfl +6.2% . Sales in Poland +12.6% (lfl +10.8%) .Sales in Russia -5.7% (lfl -4.5%).  Full Article

Kingfisher PLC declared an interim ordinary dividend of 3.18p
Tuesday, 15 Sep 2015 02:00am EDT 

Kingfisher PLC:Says the Board has declared an interim ordinary dividend of 3.18p, an increase of 1.0% (2014/15: 3.15p).Says The interim dividend will be paid on Nov.13, 2015 to shareholders on the register at close of business on Oct.10, 2015.  Full Article

Kingfisher PLC axes 60 B&Q stores in UK - Reuters
Tuesday, 31 Mar 2015 06:43am EDT 

Kingfisher PLC:To close 60 B&Q stores in Britain over the next two years at a cost of 350 million pounds ($517 million), saying it has too many shops for the size of the market - Reuters.The B&Q closures would incur the company an exceptional charge of 350 million pounds, mainly related to lease provisions over two years.  Full Article

Kingfisher PLC proposes final dividend
Tuesday, 31 Mar 2015 02:02am EDT 

Kingfisher PLC:The proposed final dividend for the year ended Jan. 31, 2015, subject to approval by shareholders at the annual general meeting, is 6.85p per share.  Full Article

Kingfisher announces Mr Bricolage acquisition not to proceed
Monday, 30 Mar 2015 03:30am EDT 

Kingfisher PLC:Says Mr Bricolage acquisition not to proceed.  Full Article

Kingfisher PLC Updates on acquisition of Mr Bricolage
Thursday, 26 Mar 2015 10:06am EDT 

Kingfisher PLC:Says on July 23, 2014 Kingfisher entered into a binding agreement with the principal shareholders of Mr Bricolage to acquire their shareholdings subject to satisfactory anti-trust clearance.Under the terms of the transaction, Kingfisher would acquire 41.9 pct of the share capital from the ANPF, an organisation controlled by Mr Bricolage's franchisees, and 26.2 pct from the Tabur family.Kingfisher had been working very closely with Mr Bricolage, the ANPF, the Tabur family and the ADLC.Says at a late stage Mr Bricolage and the ANPF indicated that the undertakings in France required to obtain the competition clearance were no longer in their interests.Without the consent of Mr Bricolage and the ANPF, the competition clearance undertakings necessary to finalise the transaction cannot be given.  Full Article

Kingfisher to sell controlling stake in B&Q China
Monday, 22 Dec 2014 02:00am EST 

Kingfisher PLC:To sell a controlling 70 pct stake in B&Q China business to Wumei Holdings Inc.Total cash consideration of 140 mln pounds.Transaction is conditional on MOFCOM (Chinese Ministry of Commerce) approval.  Full Article

Kingfisher PLC updates on Chief Executive Officer transition
Thursday, 20 Nov 2014 06:23am EST 

Kingfisher PLC:Refers to the announcement dated Sept. 10.The company confirms that Veronique Laury will be appointed as group Chief Executive and as a director of the company with effect from Dec. 8.Sir Ian Cheshire will step down as Group Chief Executive Officer with effect from Dec. 8 and will resign as a director of the company with effect from Jan. 31.  Full Article

Kingfisher plc announces share repurchase programme
Tuesday, 7 Oct 2014 01:05pm EDT 

Kingfisher plc:Says that it has appointed Barclays Capital Securities Limited to manage part of the share repurchase programme announced by Kingfisher on March 25, 2014 on the basis of a non-discretionary programme.Says it has issued an irrevocable instruction to Barclays commencing on Oct. 07 and terminating no later than Jan. 16, 2015 for the purchase by Kingfisher from Barclays of ordinary shares of no greater than 43 mln pounds as determined in accordance with the agreement between Kingfisher and Barclays.Any purchases of shares by Kingfisher from Barclays will be effected within certain pre-set parameters and in accordance with both Kingfisher's general authority to repurchase shares granted by shareholders on June 12, 2014 and Chapter 12 of the Listing Rules.  Full Article

Kingfisher announces CEO succession
Wednesday, 10 Sep 2014 02:01am EDT 

Kingfisher PLC:Says Ian Cheshire will step down as Group Chief Executive before the end of the current financial year and retire from the Board on Jan. 31, 2015.Says Veronique Laury, Chief Executive of Castorama France, to be appointed as the Chief Executive.  Full Article

BRIEF-Kingfisher says 87 pct of AGM votes to authorise directors to allot shares

* 87.28 percent of votes cast at agm in favour of resolution to authorise directors to allot shares, 12.72 percent against Source text for Eikon: Further company coverage: