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 +44 (0)207 396 3400

Date of notification: 23 March 2020


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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