QinetiQ Group plc Director/PDMR Shareholding (8766P)
June 11 2015 - 3:19AM
UK Regulatory
TIDMQQ.
RNS Number : 8766P
QinetiQ Group plc
11 June 2015
QinetiQ Group plc
11 June 2015
DIRECTOR/PDMR SHAREHOLDING - Purchase of ordinary shares in
QinetiQ
Group plc ("Shares" and the "Company" respectively) by a
Director of the Company under its Share Incentive Plan ("SIP").
The SIP trustee, Equiniti Share Plan Trustees Limited (the
"Trustee"), notified the Company on 10 June 2015 that the following
Director of the Company acquired Shares under the SIP on 9 June
2015, held through the Trustee:
Director Number of Aggregate number of Shares
Shares acquired held beneficially following
acquisition (across all
accounts)
David Mellors 87* 416,270
----------------- -----------------------------
* The number of Shares acquired includes 65 Partnership Shares
acquired on 9 June 2015 at GBP2.3368 and 22 Matching Shares
acquired on 9 June 2015 at GBP2.3368. All of the Shares are
registered in the name of the Trustee.
The SIP operates as follows:
Each month the Trustee uses participants' contributions (which
may not exceed GBP150 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".
For further information:
Jon Messent, Company Secretary, QinetiQ Group plc
01252 392000
This information is provided by RNS
The company news service from the London Stock Exchange
END
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