4th Apr 2022 15:00
Notification and public disclosure of transactions by persons discharging managerial responsibilities ('PDMR') and persons closely associated with them ('PCA')
On 1 April 2022, Intertek Group plc (the 'Company') was notified of the following transaction which took place in London with respect to Jonathan Timmis, Chief Financial Officer of the Company and PDMR relating to the vesting of share awards.
Following the vesting of buy-out share awards, the subsequent number of Ordinary Shares of 1p each (the 'Shares') in the capital of the Company were, respectively, acquired and cash settled to cover tax and NI liabilities, on 1 April 2022.
| Jonathan Timmis |
Total number of shares vesting | 13,258 |
Shares cash settled for tax | 6,232 |
Number of shares acquired after deductions for Tax and NI | 7,026 |
Percentage of issued class acquired | 0.004% |
Price per share | £52.14 |
Total shareholding following notification | 7,574 |
Total percentage holding following notification | 0.0047% |
This announcement, including the notifications below, is made in accordance with DTR 3.1.2-A, incorporating article 19(1) of the Market Abuse Regulation.
1 | Details of the person discharging managerial responsibilities/person closely associated | ||||||||||
a) | Name | Jonathan Timmis | |||||||||
2 | Reason for the notification | ||||||||||
a) | Position/status | Chief Financial Officer and PDMR | |||||||||
b) | Initial notification /Amendment | Initial notification | |||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||||
a) | Name | Intertek Group plc | |||||||||
b) | LEI | 2138003GAT25WW1RN369 | |||||||||
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 financial instrument, type of instrument
Identification code | Ordinary 1p shares
ISIN: GB0031638363
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b) | Nature of the transaction | (1) The total number of buy-out share awards on vesting and (2) Shares cash settled to cover tax liabilities on vesting. | |||||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information
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e) | Date of the transaction | 2022-04-01 | |||||||||
f) | Place of the transaction | London Stock Exchange, Main Market - XLON | |||||||||
For further information in respect of this announcement please contact:
Fiona Evans, Group Company Secretary +44(0) 207 396 3428
Date of notification: 4 April 2022
Related Shares:
Intertek Group