12th Apr 2007 11:08
QinetiQ Group plc12 April 2007 QinetiQ Group plc12 April 2007 DIRECTOR/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 11 April 2007 that the following Directors and other PersonsDischarging Managerial Responsibility for the Company acquired Shares under theSIP on 10 April 2007, in each case, held through the Trustee: Number of Aggregate number of Shares held Shares beneficially following acquisition (across acquired * all accounts) Directors Graham Love 88 7,779,601 Doug Webb 88 619,218 Persons DischargingManagerial ResponsibilityLynton Boardman 69 857,762Andrew Sleigh 88 1,899,947 * The Number of Shares acquired includes 66 Partnership Shares (except forLynton Boardman which includes 52 Partnership Shares) acquired at 191 pence and22 Matching Shares (except for Lynton Boardman which includes 17 MatchingShares) awarded at 191 pence. Both partnership and matching elements areregistered 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". 12 April 2007 END This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Qinetiq