News | Share plan

Back

Kingfisher starts sale of shares to employees

Store colleagues are the priority: Kingfisher start an all-colleague share plan.

Store colleagues are the priority: Kingfisher start an all-colleague share plan.

Kingfisher is offering all of its 77 000 employees the purchase of company shares. At the end of September, the British trading group announced an all-colleague share plan under the heading "1+1 Sharing In Our Future". The new plan means every share bought by an employee will be matched by Kingfisher on a one-for-one basis. The monthly contribution will be GBP 10 up to GBP 250, with a maximum total contribution limited to GBP 1 500, "to ensure that store colleagues are the priority", according to an announcement.

Contributions will be made for six months between January 2021 to July 2021. The shares will be bought in July 2021. After a vesting period of one year (in July 2022), participants can choose to keep or sell their purchased and matching shares.

|16 October 2020 | 08:19


SEND
 PRINT 

Post a comment

* Please complete the areas marked in red correctly and in full!.



(will not be published)

* obligatory fields


Latest news

Swimming pool market in Austria grows by 22 per cent

The demand for swimming pools in Austria grew this year by 22 per cent compared to the previous year. Growths were achieved in particular by the View news...

Service robots grew globally by over 30 per cent in 2019

The sales value of professional service robots rose globally in the year 2019 by 32 per cent to USD 11.2 bn (EUR 9.53 bn). This has been reported by View news...

Double trade fair with Hardware Forum Italy and Bricoday

After the Hardware Forum Italy, organised by Koelnmesse Italy, was postponed from September 2020 to the coming year, the precise date has now been View news...

More homemovers in the UK

The number of homemovers in the UK is set to reach its highest level for over a decade reveals the latest Property & Homemovers report from data View news...

DIY International | Service

DIY International Corona special

The Coronavirus crisis and the DIY industry

All news, reports and information from the DIY International editorial team in connection with the corona epidemic at a glance. The pages are constantly updated. As the situation changes very quickly, please note the date and time of the respective publication.

CORONA special

Actual figures

Statistics Home Improvement Europe


Statistics Home Improvement
This brochure provides a competent overview of the situation in the Home Improvement sector in 31 European countries.

Order now!