10th Jul 2007 15:08
QinetiQ Group plc10 July 2007 QinetiQ Group plc10 July 2007 DIRECTOR/PDMR SHAREHOLDING - Purchase of ordinary shares in QinetiQGroup plc ("Shares" and the "Company" respectively) by Directors/PDMR's of theCompany under its Share Incentive Plan ("SIP"). The SIP trustee, Hill Samuel ESOP Trustees Limited (the "Trustee"), notified theCompany on 10 July 2007 that the following Directors and other PersonsDischarging Managerial Responsibility of the Company acquired Shares under theSIP on 9 July 2007, in each case, held through the Trustee: Number of Aggregate number of Shares held Shares beneficially following acquisition (across acquired * all accounts)DirectorsGraham Love 88 7,779,859Doug Webb 88 619,476Persons DischargingManagerialResponsibilityLyntonBoardman 71 857,970Andrew Sleigh 88 1,900,205 * The Number of Shares acquired includes 66 Partnership Shares (except forLynton Boardman which includes 53 Partnership Shares) acquired at 1.90 pence and22 Matching Shares (except for Lynton Boardman which includes 18 MatchingShares) awarded at 1.90 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". 10 July 2007END This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Qinetiq