Regulatory Story
Go to market news section View chart   Print
Company QinetiQ Group plc
TIDM QQ.
Headline

Director/PDMR Shareholding

Released 12:33 11-Apr-2013
Number 1427C12

RNS Number : 1427C
QinetiQ Group plc
11 April 2013
 



QinetiQ Group plc

11 April 2013

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 April 2013 that the following Directors of the Company acquired Shares under the SIP on 9 April 2013, held through the Trustee:

Director

Number of Shares   acquired

Aggregate number of Shares held beneficially following acquisition (across all accounts)

David Mellors

86*

217,266

Leo Quinn

87**

1,113,606

 

* The number of Shares acquired includes 65 Partnership Shares acquired on 9 April 2013 at £1.9266 and 21 Matching Shares acquired on 9 April 2013 at £1.9266.  All of the Shares are registered in the name of the Trustee.

 

** The number of Shares acquired includes 65 Partnership Shares acquired on 9 April 2013 at £1.9266 and 22 Matching Shares acquired on 9 April 2013 at £1.9266.  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 £125 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".

 

11 April 2013

 

 

For further information:

 

Jon Messent, Company Secretary, QinetiQ Group plc

 

David Bishop, Investor Relations, QinetiQ Group plc

 

01252 392000


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
RDSSFUFFFFDSEEL
Close


London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.

 


Director/PDMR Shareholding - RNS