13th Feb 2007 11:46
QinetiQ Group plc13 February 2007 QinetiQ Group plc 13 February 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 12 February 2007 that the following Directors and other PersonsDischarging Managerial Responsibility for the Company acquired Shares under theSIP on 9 February 2007, in each case held through the Trustee: Number of Aggregate number of Shares held Shares beneficially following acquisition (across acquired * all accounts)Directors Doug Webb 81 619,038 Persons Discharging ManagerialResponsibilityLynton Boardman 66 857,620Andrew Sleigh 81 2,787,939 * The Number of Shares acquired includes 61 Partnership Shares (except forLynton Boardman which includes 49 Partnership Shares) acquired at 205.80 penceand 20 Matching Shares (except for Lynton Boardman which includes 17 MatchingShares) awarded at 205.80 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". 13 February 2007 END This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Qinetiq