Director/PDMR Shareholding

RNS Number : 0650R

QinetiQ Group plc

13 August 2010

 



QinetiQ Group plc

13 August 2010

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, Equiniti Share Plan Trustees Limited (the "Trustee"), notified the Company on 12 August 2010 that Leo Quinn, a Director of the Company, acquired Shares under the SIP held through the Trustee, as follows:

Date Shares acquired	Number of Partnership  Shares acquired	Number of Matching Shares acquired	Total number of Shares   acquired	Aggregate number of Shares held beneficially following acquisition (across all accounts)
10 May 2010	99	33	132*	602,889
9 June 2010	105	35	140**	603,029
9 July 2010	100	33	133***	603,162
9 August 2010	104	35	139****	603,301

* Acquired at £1.2553.

** Acquired at £1.1905.

*** Acquired at £1.2516.

****Acquired at £1.2068.

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".

13 August 2010

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