QinetiQ Group plc Director/PDMR Shareholding (0066C)

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RNS Number : 0066C

QinetiQ Group plc

12 October 2015

QinetiQ Group plc

12 October 2015

DIRECTOR/PDMR SHAREHOLDING - Purchase of ordinary shares in QinetiQ

Group plc ("Shares" and the "Company" respectively) by a Director of the Company under its Share Incentive Plan ("SIP").

The SIP trustee, Equiniti Share Plan Trustees Limited (the "Trustee"), notified the Company on 12 October 2015 that the following Directors of the Company acquired Shares under the SIP on 9 October 2015, held through the Trustee:

 
 Director         Number of          Aggregate number of Shares 
                   Shares acquired    held beneficially following 
                                      acquisition (across all 
                                      accounts) 
 David Mellors    87*                426,577 
                 -----------------  ----------------------------- 
 Steve Wadey      87*                20,346 
                 -----------------  ----------------------------- 
 

* The number of Shares acquired includes 65 Partnership Shares acquired on 9 October 2015 at GBP2.3128 and 22 Matching Shares acquired on 9 October 2015 at GBP2.3128. 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 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

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October 12, 2015 10:28 ET (14:28 GMT)