11th May 2007 13:41
QinetiQ Group plc11 May 2007 QinetiQ Group plc11 May 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 10 May 2007 that the following Directors and other PersonsDischarging Managerial Responsibility for the Company acquired Shares under theSIP on 9 May 2007, in each case, held through the Trustee: Number of Aggregate number of Shares Shares held beneficially following acquired * acquisition (across all accounts) Directors Graham Love 86 7,779,687 Doug Webb 86 619,304 Persons DischargingManagerial Responsibility Lynton Boardman 71 857,833 Andrew Sleigh 86 1,900,033 * The Number of Shares acquired includes 65 Partnership Shares (except forLynton Boardman which includes 53 Partnership Shares) acquired at 189.75 penceand 21 Matching Shares (except for Lynton Boardman which includes 18 MatchingShares) awarded at 189.75 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". 11 May 2007 END This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Qinetiq