11th Apr 2008 12:49
QinetiQ Group plc11 April 2008 QinetiQ Group plc 11 April 2008 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 2008 that the following Directors of the Company acquired Shares under the SIP on 9 April 2008, in each case, held through the Trustee: Number of Shares Aggregate number of Shares held acquired * beneficially following acquisition (across all accounts)DirectorsGraham Love 85 4,930,712Doug Webb 85 320,329 * The Number of Shares acquired includes 64 Partnership Shares acquired at 195pence and 21 Matching Shares acquired at 195 pence. 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 instructsthe 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 andMatching Shares are used by the Trustee to purchase shares in the market. These shares are called "Dividend Shares". 11 April 2008 END This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Qinetiq