QinetiQ Group plc Director/PDMR Shareholding (2576E)

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RNS Number : 2576E

QinetiQ Group plc

02 July 2019

QinetiQ Group plc (the "Company")

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

 
                Vested Shares   Shares sold       Retained Shares 
                                 for Income Tax 
                                 and expenses 
 Steve Wadey    150,952         71,197            79,755 
               --------------  ----------------  ---------------- 
 

The Company makes this announcement, including the notification below, in accordance with the requirements of the EU Market Abuse Regulation.

 
 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   Vesting at 31.7% of the 2016 Performance 
                                      Share plan and sale of sufficient 
                                      shares in order to satisfy Income 
                                      Tax and National Insurance Contributions 
                                      required to be withheld on release. 
        --------------------------  --------------------------------------------------------------- 
 (c)     Price(s) and volume(s)                                     Price(s) Volume(s) 
 
                                                                     Vesting Nil 150,952 
 
                                                                     Sale of Shares 
                                                                     To satisfy income 
                                                                     Tax and NICs liability GBP2.80 
                                                                     71,197 
 
                                                                     Transfer of Shares Nil 79,755 
        --------------------------  --------------------------------------------------------------- 
 
   (d)     Aggregated information 
 
            *    Price                 Vesting: Price Nil / Volume: 150,952 
 
                                       Tax/NI sale: Price GBP2.80 / Volume 
            *    Volume                71,197 
 
                                       Transfer: Price Nil / Volume 79,755 
        --------------------------  --------------------------------------------------------------- 
 (e)     Date of the transaction     2019-07-01 
        --------------------------  --------------------------------------------------------------- 
 (f)     Place of the transaction    London Stock Exchange XLON 
        --------------------------  --------------------------------------------------------------- 
 

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July 02, 2019 11:05 ET (15:05 GMT)