Director/PDMR Shareholding

RNS Number : 3572C
QinetiQ Group plc
11 November 2009
 



QinetiQ Group plc

11 November 2009

DIRECTOR/PDMR SHAREHOLDING - Purchase of ordinary shares in QinetiQ

Group plc ("Shares" and the "Company" respectively) by Directors of the Company under its Share Incentive Plan ("SIP").

The SIP trustee, Hill Samuel ESOP Trustees Limited (the "Trustee"), notified the Company on 11 November 2009 that the following Directors of the Company acquired Shares under the SIP on November 2009 held through the Trustee:


Number of Shares acquired

Aggregate number of Shares held beneficially following acquisition (across all accounts)

Directors



Graham Love

99*

5,086,601

David Mellors

98**

23,807


*The Number of Shares acquired includes 74 Partnership Shares acquired at £1.6853 and 25 Matching Shares acquired at £1.6853. Both partnership and matching elements are registered in the name of the Trustee.


** The Number of Shares acquired includes 74 Partnership Shares acquired at £1.6853 and 24 Matching Shares acquired at £1.6853. Both partnership and matching 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 shares are called "Partnership Shares".

At the same time the Company allots to participants via the Trustee or instructs the Trustee to purchase in the market one "Matching Share" for every three Partnership Shares purchased that month.

Dividends paid by the Company to the Trustee in respect of the Partnership and Matching Shares are used by the Trustee to purchase shares in the market. These shares are called "Dividend Shares".


11 November 2009

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