15th Mar 2021 13:00
Notification and public disclosure of transactions by persons discharging managerial responsibilities ('PDMR') and persons closely associated with them ('PCA')
On 12 March 2021, under the terms of the Intertek 2021 Long Term Incentive Plan (the 'Plan'), André Lacroix, Chief Executive Officer and PDMR, and Ross McCluskey, Chief Financial Officer and PDMR, received the following rights to acquire ordinary shares of 1p each (the 'Shares') in the Company.
Name
| Number of LTIP Shares |
André Lacroix | 46,296 |
Ross McCluskey | 18,159 |
The LTIP Shares shall normally vest three (3) years from the grant date, subject to continued employment with the Intertek Group and are further subject to the achievement of performance targets and holding requirements as per the Group's remuneration policy. The awards were granted on the basis of an average share price of £53.36.
No consideration was paid for the grant of the awards. No price is payable on the vesting of the awards.
Following this notification, André Lacroix has a total interest under all share plans of 210,306 shares and Ross McCluskey has a total interest of 69,321 shares.
This announcement, including the notifications below, is made in accordance with the requirements of the EU Market Abuse Regulation.
1 | Details of the person discharging managerial responsibilities/person closely associated | ||||||||||
a) | Name | 1. André Lacroix 2. Ross McCluskey | |||||||||
2 | Reason for the notification | ||||||||||
a) | Position/status | 1. Chief Executive Officer and PDMR 2. Chief Financial Officer and PDMR | |||||||||
b) | Initial notification /Amendment | Initial notification | |||||||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||||||||
a) | Name | Intertek Group plc | |||||||||
b) | LEI | 2138003GAT25WW1RN369 | |||||||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||||||||
a) | Description of the financial instrument, type of instrument
Identification code | Ordinary 1p shares
ISIN: GB0031638363
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b) | Nature of the transaction | Grant of right to acquire shares under the Intertek 2021 Long Term Incentive Plan | |||||||||
c) | Price(s) and volume(s) |
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d) | Aggregated information
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e) | Date of the transaction | 2021-03-12 | |||||||||
f) | Place of the transaction | Outside a trading venue | |||||||||
For further information in respect of this announcement please contact:
Fiona Evans, Group Company Secretary +44 (0)207 396 3428
Date of notification: 15 March 2021
Related Shares:
Intertek Group