Intertek Group PLC Director/PDMR Shareholding (7230T)

TIDMITRK

RNS Number : 7230T

Intertek Group PLC

22 March 2019

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

On 21 March 2019, 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 a 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 21 March 2019.

 
 Total number of shares vesting                           92,222 
 Shares cash settled for tax                              43,345 
                                                      ---------- 
 Number of shares acquired after deductions for Tax 
  and NI                                                  48,877 
                                                      ---------- 
 Percentage of issued class acquired                      0.030% 
                                                      ---------- 
 Price per share                                       GBP47.655 
                                                      ---------- 
 Total holding following notification                    394,230 
                                                      ---------- 
 Total percentage holding following notification          0.244% 
                                                      ---------- 
 

This announcement, including the notification 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 47.655     92,222 
                                                        ------------  ---------- 
                                                      Shares cash 
                                                  settled to cover 
                                                   tax liabilities 
                                         on vesting       GBP 47.655     43,345 
                                                        ------------  ---------- 
     ------------------------- 
 d)   Aggregated information                             Price(s)     Volume(s) 
                                       Total number 
                                       of shares on 
                                          vesting        GBP 47.655     92,222 
                                                        ------------  ---------- 
                                       Shares cash 
                                     settled to cover 
                                      tax liabilities 
                                        on vesting       GBP 47.655     43,345 
                                                        ------------  ---------- 
 e)   Date of the transaction    2019-03-21 
     ------------------------- 
 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: 22 March 2019

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

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March 22, 2019 09:00 ET (13:00 GMT)