Director/PDMR Shareholding

RNS Number : 0705H

Intertek Group PLC

23 March 2020

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities ('PDMR') and persons closely associated with them ('PCA')

On 20 March 2020, Intertek Group plc (the 'Company') was notified of the following transaction which took place in London with respect to André Lacroix, Chief Executive Officer of the Company and PDMR, and Ross McCluskey, Chief Financial Officer and PDMR, relating to the vesting of share awards.

Following the vesting of awards of shares under the Intertek 2011 Long Term Incentive Plan, the subsequent number of Ordinary Shares of 1p each (the 'Shares') in the capital of the Company were, respectively, acquired and cash settled to cover tax and NI liabilities, on 20 March 2020.

	André Lacroix	Ross McCluskey
Total number of shares vesting	72,275	3,396
Shares cash settled for tax	33,970	1,597
Number of shares acquired after deductions for Tax and NI	38,305	1,799
Percentage of issued class acquired	0.024%	0.0011%
Price per share	£46.62	£46.62
Total shareholding following notification	432,535	5,312
Total percentage holding following notification	0.268%	0.0033%

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	André Lacroix
2	Reason for the notification
a)	Position/status	Chief Executive 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
b)	Nature of the transaction	(1)  The total number of shares on vesting under the Intertek 2011 Long Term Incentive Plan and (2) Shares cash settled to cover tax liabilities on vesting.
c)	Price(s) and volume(s)	Price(s) Volume(s) Total number of shares on vesting GBP 46.62 72,275 Shares cash settled to cover tax liabilities on vesting GBP 46.62 33,970
d)	Aggregated information	Price(s) Volume(s) Total number of shares on vesting GBP 46.62 72,275 Shares cash settled to cover tax liabilities on vesting GBP 46.62 33,970
e)	Date of the transaction	2020-03-20
f)	Place of the transaction	London Stock Exchange, Main Market - XLON

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Ross McCluskey
2	Reason for the notification
a)	Position/status	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
b)	Nature of the transaction	(1)  The total number of shares on vesting under the Intertek 2011 Long Term Incentive Plan and (2) Shares cash settled to cover tax liabilities on vesting.
c)	Price(s) and volume(s)	Price(s) Volume(s) Total number of shares on vesting GBP 46.62 3,396 Shares cash settled to cover tax liabilities on vesting GBP 46.62 1,597
d)	Aggregated information	Price(s) Volume(s) Total number of shares on vesting GBP 46.62 3,396 Shares cash settled to cover tax liabilities on vesting GBP 46.62 1,597
e)	Date of the transaction	2020-03-20
f)	Place of the transaction	London Stock Exchange, Main Market - XLON

For further information in respect of this announcement please contact:

Fiona Evans, Group Company Secretary [phone]

Date of notification: 23 March 2020

 

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