11th Oct 2007 09:36
QinetiQ Group plc11 October 2007 QinetiQ Group plc11 October 2007DIRECTOR/PDMR SHAREHOLDING - Purchase of ordinary shares in QinetiQGroup plc ("Shares" and the "Company" respectively) by Directors of the Companyunder its Share Incentive Plan ("SIP").The SIP trustee, Hill Samuel ESOP Trustees Limited (the "Trustee"), notified theCompany on 10 October 2007 that the following Directors of the Company acquiredShares under the SIP on 9 October 2007, in each case, held through the Trustee: Number of Shares Aggregate number of Shares held beneficially acquired * following acquisition (across all accounts)DirectorsGraham Love 93 7,830,169Doug Webb 93 619,786 * The Number of Shares acquired includes 70 Partnership Shares acquired at 1.77pence and 23 Matching Shares acquired at 1.77 pence. Both partnership andmatching 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 sharesare called "Partnership Shares".At the same time the Company allots to participants via the Trustee or instructsthe Trustee to purchase in the market one "Matching Share" for every threePartnership Shares purchased that month.Dividends paid by the Company to the Trustee in respect of the Partnership andMatching Shares are used by the Trustee to purchase shares in the market. Theseshares are called "Dividend Shares". 11 October 2007END This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Qinetiq