26th Feb 2008 15:44
QinetiQ Group plc26 February 2008 QinetiQ Group plc 26 February 2008 DIRECTOR/PDMR SHAREHOLDING - Purchase of ordinary shares in QinetiQ Group 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 25 February 2008 that the following Directors of the Company acquiredShares under the SIP on 22 February 2008, held through the Trustee: Number of Aggregate number of Shares held Dividend Shares beneficially following acquisition acquired on 22 (across all accounts) February 2008*DirectorsSir John Chisholm 2 13,001,010Graham Love 15 7,830,539Doug Webb 15 320,156 * The Dividend Shares were acquired at 193.375 pence per share. 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". 26 February 2008 END This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Qinetiq