Dividend reinvestment plan

 

Kingfisher operates a Dividend Reinvestment Plan for shareholders who wish to re-invest their dividends for further shares in the company.

The Dividend Reinvestment Plan ("DRIP"), administered by our Registrar, Computershare, allows shareholders to reinvest their cash dividend in shares bought on the London Stock Exchange through a specially arranged share dealing service. There is no fee to join the DRIP and shareholders can opt-out, and receive their dividends by direct credit, at any time (subject to receipt of notification before DRIP election date in respect of each dividend payment).

If you choose to join the DRIP, your cash dividend, net of dealing commission and stamp duty reserve tax, will be used to buy Kingfisher shares. The dealing commission charge is 0.75% of the value of the shares purchased, subject to a minimum charge of £2.50, and stamp duty reserve tax is currently 0.5%.

Shareholders who wish to join the DRIP should complete a DRIP mandate form and return it to our Registrars. You can download a DRIP mandate form and view the Terms & Conditions on the Computershare website.

Alternatively you can join the DRIP online through Investor Centre, www.investorcentre.co.uk.