Intertek Group PLC Director/PDMR Shareholding (0849T)

TIDMITRK

RNS Number : 0849T

Intertek Group PLC

23 March 2021

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

On 22 March 2021, Intertek Group plc (the 'Company') was notified of the following transaction which took place in London with respect to André Lacroix, Chief Executive Officer of the Company and PDMR, and Ross McCluskey, Chief Financial Officer and PDMR, relating to the vesting of share awards.

Following the vesting of awards of shares under the Intertek 2011 Long Term Incentive Plan, the subsequent 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 22 March 2021.

 
                                                    André   Ross McCluskey 
                                                       Lacroix 
 Total number of shares vesting                         40,388            3,340 
                                                   -----------  --------------- 
 Shares cash settled for tax                            18,983            1,570 
                                                   -----------  --------------- 
 Number of shares acquired after deductions 
  for Tax and NI                                        21,405            1,770 
                                                   -----------  --------------- 
 Percentage of issued class acquired                    0.013%          0.0011% 
                                                   -----------  --------------- 
 Price per share                                      GBP53.83         GBP53.83 
                                                   -----------  --------------- 
 Total shareholding following notification             463,940            7,082 
                                                   -----------  --------------- 
 Total percentage holding following notification        0.287%          0.0044% 
                                                   -----------  --------------- 
 

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                       André Lacroix 
     ------------------------- 
 2    Reason for the notification 
 a)   Position/status            Chief Executive 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 of             Ordinary 1p shares 
       the financial 
       instrument, type 
       of instrument 
                                  ISIN: GB0031638363 
       Identification 
       code 
     ------------------------- 
 b)   Nature of the              (1) The total number of shares on vesting 
       transaction                under the Intertek 2011 Long Term Incentive 
                                  Plan and (2) Shares cash settled to cover 
                                  tax liabilities on vesting. 
 c)   Price(s) and volume(s)                                     Price(s)    Volume(s) 
                                                        Total number of 
                                          shares on vesting       GBP 53.83     40,388 
                                                                -----------  ---------- 
                                                     Shares cash settled 
                                                  to cover tax liabilities 
                                             on vesting           GBP 53.83     18,983 
                                                                -----------  ---------- 
     ------------------------- 
 d)   Aggregated information                                     Price(s)    Volume(s) 
                                         Total number of 
                                         shares on vesting       GBP 53.83     40,388 
                                                                -----------  ---------- 
                                       Shares cash settled 
                                     to cover tax liabilities 
                                            on vesting           GBP 53.83     18,983 
                                                                -----------  ---------- 
 e)   Date of the transaction    2021-03-22 
     ------------------------- 
 f)   Place of the transaction   London Stock Exchange, Main Market - XLON 
---  -------------------------  ------------------------------------------------------- 
 
 
 1    Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name                       Ross McCluskey 
     ------------------------- 
 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 of             Ordinary 1p shares 
       the financial 
       instrument, type 
       of instrument 
                                  ISIN: GB0031638363 
       Identification 
       code 
     ------------------------- 
 b)   Nature of the              (1) The total number of shares on vesting 
       transaction                under the Intertek 2011 Long Term Incentive 
                                  Plan and (2) Shares cash settled to cover 
                                  tax liabilities on vesting. 
 c)   Price(s) and volume(s)                          Price(s)    Volume(s) 
                                                  Total number 
                                                     of shares 
                                        on vesting    GBP 53.83      3,340 
                                                    -----------  ---------- 
                                                   Shares cash 
                                                    settled to 
                                                     cover tax 
                                                   liabilities 
                                        on vesting    GBP 53.83      1,570 
                                                    -----------  ---------- 
     ------------------------- 
 d)   Aggregated information                        Price(s)    Volume(s) 
                                    Total number 
                                      of shares 
                                      on vesting    GBP 53.83      3,340 
                                                   -----------  ---------- 
                                     Shares cash 
                                      settled to 
                                      cover tax 
                                     liabilities 
                                      on vesting    GBP 53.83      1,570 
                                                   -----------  ---------- 
 e)   Date of the transaction    2021-03-22 
     ------------------------- 
 f)   Place of the transaction   London Stock Exchange, Main Market - XLON 
---  -------------------------  --------------------------------------------- 
 

For further information in respect of this announcement please contact:

Fiona Evans, Group Company Secretary [phone]

Date of notification: 23 March 2021

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March 23, 2021 09:00 ET (13:00 GMT)