TIDMQQ.
RNS Number : 6756A
QinetiQ Group plc
13 October 2009
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QinetiQ Group plc
13 October 2009
DIRECTOR/PDMR SHAREHOLDING - Purchase of ordinary shares in QinetiQ Group
plc
("Shares" and the "Company" respectively) by Directors of the Company
under its Share Incentive Plan ("SIP").
The SIP trustee, Hill Samuel ESOP Trustees Limited (the "Trustee"), notified the
Company on 13 October 2009 that the following Directors of the Company acquired
Shares under the SIP on 9 October 2009 held through the Trustee:
+--------------------------+------------+--------------------------+
| | Number of | Aggregate number of |
| | Shares | Shares held beneficially |
| | acquired | following acquisition |
| | | (across all accounts) |
+--------------------------+------------+--------------------------+
| Directors | | |
+--------------------------+------------+--------------------------+
| Graham Love | 118* | 5,086,502 |
+--------------------------+------------+--------------------------+
| David Mellors | 119** | 23,709 |
+--------------------------+------------+--------------------------+
*The Number of Shares acquired includes 89 Partnership Shares acquired at
GBP1.4021 and 29 Matching Shares acquired at GBP1.4021. Both partnership and
matching elements are registered in the name of the Trustee.
** The Number of Shares acquired includes 89 Partnership Shares acquired at
GBP1.4021 and 30 Matching Shares acquired at GBP1.4021. Both partnership and
matching elements are registered in the name of the Trustee.
The SIP operates as follows.
Each month the Trustee uses participants' contributions (which may not exceed
GBP125 per participant per month) to purchase shares in the market. These shares
are called "Partnership Shares".
At the same time the Company allots to participants via the Trustee or instructs
the Trustee to purchase in the market one "Matching Share" for every three
Partnership Shares purchased that month.
Dividends paid by the Company to the Trustee in respect of the Partnership and
Matching Shares are used by the Trustee to purchase shares in the market. These
shares are called "Dividend Shares".
13 October 2009
END
This information is provided by RNS
The company news service from the London Stock Exchange
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