Intertek Group PLC Director/PDMR Shareholding (2892Z)

TIDMITRK

RNS Number : 2892Z

Intertek Group PLC

13 March 2017

Notification and public disclosure of transactions by persons discharging managerial responsibilities ('PDMR') and persons closely associated with them ('PCA')

On 10 March 2017, Intertek Group plc ('the Company') was notified of the following transactions which took place in London with respect to Edward Leigh, Chief Financial Officer of the Company and a PDMR, relating to the vesting of share awards.

Following the vesting of awards of shares under the Intertek Long Term Incentive Plan the following number of Ordinary Shares of 1p each (the 'Shares') in the capital of the Company were, respectively, acquired and cash settled to cover tax and NI liabilities, on 10 March 2017.

 
 Total number of shares vesting                         4,332 
-------------------------------------------------  ---------- 
 Shares cash settled for tax                            2,037 
-------------------------------------------------  ---------- 
 Number of shares acquired after deductions 
  for Tax and NI                                        2,295 
-------------------------------------------------  ---------- 
 Percentage of issued class acquired                  0.0014% 
-------------------------------------------------  ---------- 
 Price per share                                    GBP38.427 
-------------------------------------------------  ---------- 
 Total holding following notification                   4,271 
-------------------------------------------------  ---------- 
 Total percentage holding following notification      0.0026% 
-------------------------------------------------  ---------- 
 

This announcement, including the notifications below, is made in accordance with the requirements of the EU Market Abuse Regulation.

 
 1    Details of the person discharging managerial 
       responsibilities/person closely associated 
 a)   Name                   Edward Leigh 
---  ---------------------  ------------------------------------------- 
 2    Reason for the notification 
 a)   Position/status        Chief Financial Officer and PDMR 
---  ---------------------  ------------------------------------------- 
 b)   Initial notification   Initial notification 
       /Amendment 
 3    Details of the issuer, emission allowance 
       market participant, auction platform, auctioneer 
       or auction monitor 
---  ------------------------------------------------------------------ 
 a)   Name                   Intertek Group plc 
 b)   LEI                    2138003GAT25WW1RN369 
---  ---------------------  ------------------------------------------- 
 4    Details of the transaction(s): section to 
       be repeated for (i) each type of instrument; 
       (ii) each type of transaction; (iii) each 
       date; and (iv) each place where transactions 
       have been conducted 
 a)   Description            Ordinary 1p shares 
       of the financial 
       instrument, 
       type of instrument 
                              ISIN: GB0031638363 
       Identification 
       code 
---  ---------------------  ------------------------------------------- 
 b)   Nature of                  (1) The total number of shares 
       the transaction            on vesting under the Intertek 
                                  2011 Long Term Incentive Plan 
                                  and (2) Shares cash settled to 
                                  cover tax liabilities on vesting. 
 c)   Price(s) and                              Price(s)     Volume(s) 
       volume(s)               --------------  ------------  ---------- 
                                             Total number 
                                                of shares 
                                   on vesting    GBP 38.427      4,332 
                               --------------  ------------  ---------- 
                                              Shares cash 
                                               settled to 
                                                cover tax 
                                              liabilities 
                                   on vesting    GBP 38.427      2,037 
                               --------------  ------------  ---------- 
---  ---------------------  ------------------------------------------- 
 d)   Aggregated                                Price(s)     Volume(s) 
       information             --------------  ------------  ---------- 
                                Total number 
                                  of shares 
                                  on vesting    GBP 38.427      4,332 
                               --------------  ------------  ---------- 
                                 Shares cash 
                                  settled to 
                                  cover tax 
                                 liabilities 
                                  on vesting    GBP 38.427      2,037 
                               --------------  ------------  ---------- 
 e)   Date of the            2017-03-10 
       transaction 
---  ---------------------  ------------------------------------------- 
 f)   Place of the           London Stock Exchange, Main Market 
       transaction            - XLON 
---  ---------------------  ------------------------------------------- 
 

For further information in respect of this announcement please contact:

Fiona Evans, Group Company Secretary [phone]

Date of notification: 13 March 2017

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 13, 2017 11:00 ET (15:00 GMT)