QinetiQ Group plc Director/PDMR Shareholding (1023E)

TIDMQQ.

RNS Number : 1023E

QinetiQ Group plc

01 July 2019

QinetiQ Group plc (the "Company")

Notification and public disclosure of transactions by persons discharging managerial responsibilities or persons closely associated with them

The following Directors have been granted conditional awards under the QinetiQ Group plc Deferred Share Plan ("DSP") on 28 June 2019:

 
 Director       Number of shares over which 
                 award granted 
 Steve Wadey    243,650 
               ---------------------------- 
 David Smith    184,401 
               ---------------------------- 
 

Subject to certain conditions in respect of service and conduct, the DSP Awards will vest on 28 June 2022. The number of shares subject to the DSP Awards has been calculated based on the 30 day average share price on 31 March 2019 in accordance with the rules of the Plan and no payment was required for the grant of the DSP Awards.

 
 1.       Details of PDMR / person closely associated with them 
           ("PCA") 
 (a)      Name                                     Steve Wadey 
         ---------------------------------------  ----------------------------------------- 
 2.       Reason for the notification 
         ---------------------------------------------------------------------------------- 
 (a)      Position / status                        Chief Executive Officer / Director 
         ---------------------------------------  ----------------------------------------- 
 (b)      Initial notification                     Initial notification 
           / amendment 
         ---------------------------------------  ----------------------------------------- 
 3.       Details of the issuer, emission allowance market participant, 
           auction platform, auctioneer or auction monitor 
         ---------------------------------------------------------------------------------- 
 (a)      Name                                     QinetiQ Group plc 
         ---------------------------------------  ----------------------------------------- 
 (b)      Legal Entity Identifier                  213800S8OBDOZMCMUW34 
           Code 
         ---------------------------------------  ----------------------------------------- 
 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 the                       QinetiQ Group plc ordinary shares 
            financial instrument                     of 1 pence 
 
            Identification code 
                                                     GB00B0WMWD03 
         ---------------------------------------  ----------------------------------------- 
 (b)      Nature of the transaction                Conditional award of shares under 
                                                    the QinetiQ Group plc Deferred 
                                                    Share Plan, subject to a performance 
                                                    underpin over a three year period. 
         ---------------------------------------  ----------------------------------------- 
 (c)      Price(s) and volume(s)                   Price(s)              Volume(s) 
         ---------------------------------------  --------------------  ------------------- 
   NIL                                                                   243,650 
  --------------------------------------------------------------------  ------------------- 
 
   (d)          Aggregated information               N/A 
 
                 *    Price 
 
 
 
                 *    Volume 
 
 
 
                 *    Total 
         ---------------------------------------  ----------------------------------------- 
 (e)      Date of the transaction                  2019-06-28 
         ---------------------------------------  ----------------------------------------- 
 (f)      Place of the transaction                 Outside of trading venue 
         ---------------------------------------  ----------------------------------------- 
 
 
 1.       Details of PDMR / person closely associated with them 
           ("PCA") 
 (a)      Name                                     David Smith 
         ---------------------------------------  ----------------------------------------- 
 2.       Reason for the notification 
         ---------------------------------------------------------------------------------- 
 (a)      Position / status                        Chief Financial Officer / Director 
         ---------------------------------------  ----------------------------------------- 
 (b)      Initial notification                     Initial notification 
           / amendment 
         ---------------------------------------  ----------------------------------------- 
 3.       Details of the issuer, emission allowance market participant, 
           auction platform, auctioneer or auction monitor 
         ---------------------------------------------------------------------------------- 
 (a)      Name                                     QinetiQ Group plc 
         ---------------------------------------  ----------------------------------------- 
 (b)      Legal Entity Identifier                  213800S8OBDOZMCMUW34 
           Code 
         ---------------------------------------  ----------------------------------------- 
 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 the                       QinetiQ Group plc ordinary shares 
            financial instrument                     of 1 pence 
 
            Identification code 
                                                     GB00B0WMWD03 
         ---------------------------------------  ----------------------------------------- 
 (b)      Nature of the transaction                Conditional award of shares under 
                                                    the QinetiQ Group plc Deferred 
                                                    Share Plan, subject to a performance 
                                                    underpin over a three year period. 
         ---------------------------------------  ----------------------------------------- 
 (c)      Price(s) and volume(s)                   Price(s)              Volume(s) 
         ---------------------------------------  --------------------  ------------------- 
   NIL                                                                   184,401 
  --------------------------------------------------------------------  ------------------- 
 
   (d)          Aggregated information               N/A 
 
                 *    Price 
 
 
 
                 *    Volume 
 
 
 
                 *    Total 
         ---------------------------------------  ----------------------------------------- 
 (e)      Date of the transaction                  2019-06-28 
         ---------------------------------------  ----------------------------------------- 
 (f)      Place of the transaction                 Outside of trading venue 
         ---------------------------------------  ----------------------------------------- 
 

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July 01, 2019 11:53 ET (15:53 GMT)