QQ. Qinetiq Group Plc

TIDMQQ.

RNS Number : 7024O

QinetiQ Group plc

10 February 2016

QinetiQ Group plc

10 February 2016

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 February 2016 that the following Directors of the Company acquired Shares under the SIP on 9 February 2016, held through the Trustee:

 
 Director         Number       Aggregate number 
                   of Shares    of Shares held 
                   acquired     beneficially following 
                                acquisition (across 
                                all accounts) 
---------------  -----------  ------------------------ 
 David Mellors    92*          426,909 
---------------  -----------  ------------------------ 
 Steve Wadey      92*          20,678 
---------------  -----------  ------------------------ 
 

* The number of Shares acquired includes 69 Partnership Shares acquired on 9 February 2016 at GBP2.1666 and 23 Matching Shares acquired on 9 February 2016 at GBP2.1666. 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

RDSSFLFISFMSELE

(END) Dow Jones Newswires

February 10, 2016 10:45 ET (15:45 GMT)

Qinetiq (LSE:QQ.)
Historical Stock Chart
From Mar 2024 to Apr 2024

Qinetiq (LSE:QQ.)
Historical Stock Chart
From Apr 2023 to Apr 2024