12th Dec 2007 15:45
QinetiQ Group plc12 December 2007 QinetiQ Group plc 12 December 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 11 December 2007 that the following Directors of the Company acquiredShares under the SIP on 10 December 2007, in each case, held through theTrustee: Number of Shares Aggregate number of Shares held beneficially acquired * following acquisition (across all accounts)DirectorsGraham Love 90 7,830,355 Doug Webb 90 619,972 * The Number of Shares acquired includes 67 Partnership Shares acquired at 185pence and 23 Matching Shares acquired at 185 pence. Both partnership andmatching 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 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". 12 December 2007END This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Qinetiq