QQ. Qinetiq Group Plc

TIDMQQ.

RNS Number : 8171X

QinetiQ Group plc

10 May 2016

QinetiQ Group plc

10 May 2016

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, Equiniti Share Plan Trustees Limited (the "Trustee"), notified the Company on 10 May 2016 that the following Directors of the Company acquired Shares under the SIP on 9 May 2016, held through the Trustee:

 
 Director         Number       Aggregate number 
                   of Shares    of Shares held 
                   acquired     beneficially following 
                                acquisition (across 
                                all accounts) 
---------------  -----------  ------------------------ 
 David Mellors    87*          427,394 
---------------  -----------  ------------------------ 
 Steve Wadey      88**         20,944 
---------------  -----------  ------------------------ 
 

* The number of Shares acquired includes 65 Partnership Shares and 22 Matching Shares. All of the Shares were acquired on 9 May 2016 at GBP2.2849 and are registered in the name of the Trustee.

** The number of Shares acquired includes 66 Partnership Shares and 22 Matching Shares. All of the Shares were acquired on 9 May 2016 at GBP2.2849 and 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

DSHSFMFESFMSEII

(END) Dow Jones Newswires

May 10, 2016 08:57 ET (12:57 GMT)

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