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QinetiQ Group plc (QQ.)

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Wednesday 14 December, 2011

QinetiQ Group plc

Director/PDMR Shareholding

RNS Number : 9652T
QinetiQ Group plc
14 December 2011
 



QinetiQ Group plc

14 December 2011

DIRECTOR/PDMR SHAREHOLDING - Purchase of ordinary shares in QinetiQ

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

The SIP trustee, Equiniti Share Plan Trustees Limited (the "Trustee"), notified the Company on 14 December 2011 that the following Directors of the Company acquired Shares under the SIP on 9 December 2011 held through the Trustee:

 

Number of Shares   acquired

Aggregate number of Shares held beneficially following acquisition (across all accounts)

Director

 

 

David Mellors

126*

97,617

Leo Quinn

125**

882,345

 

* The Number of Shares acquired includes 94 Partnership Shares acquired at £1.3340 and 32 Matching Shares acquired at £1.3340.  Both partnership and matching elements are registered in the name of the Trustee.

 

** The Number of Shares acquired includes 94 Partnership Shares acquired at £1.3340 and 31 Matching Shares acquired at £1.3340.  Both partnership and matching elements are registered in the name of the Trustee.

 

The SIP operates as follows:

Each month the Trustee uses participants' contributions (which may not exceed £125 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".

 

14 December 2011

END

 

For further information:

 

Jon Messent, Company Secretary, QinetiQ Group plc

 

David Bishop, Investor Relations, QinetiQ Group plc

 

01252 392000


This information is provided by RNS
The company news service from the London Stock Exchange
 
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