Director/PDMR Shareholding

RNS Number : 7189N

QinetiQ Group plc

06 September 2011

 



QinetiQ Group plc

6 September 2011

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 5 September 2011 that the following Directors of the Company acquired Shares under the SIP on 2 September 2011 held through the Trustee:

	Number of Dividend Shares   acquired*	Aggregate number of Shares held beneficially following acquisition (across all accounts)
Director
David Mellors	46	97,070
Leo Quinn	26	881,798

* The Dividend Shares were acquired at £1.2599 per share.

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".

6 September 2011

END

For further information:

Jon Messent, Company Secretary, QinetiQ Group plc

David Bishop, Investor Relations, QinetiQ Group plc

01252 392000

 

END

 

 

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