Director/PDMR Shareholding

RNS Number : 2793A

QinetiQ Group plc

17 February 2014

 



QinetiQ Group plc

17 January 2014

QINETIQ GROUP PLC

NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES OR THEIR CONNECTED PERSONS

Vesting of Award under the QinetiQ Group plc Stock Award Plan (the 'Plan') and Sale of Shares

On 17 January 2014, QinetiQ Group plc (the "Company") received notification of the following transactions relating to a person discharging managerial responsibilities of the Company:

On 17 January 2014, Jack Crouch acquired 6,415 ordinary shares of 1p each in QinetiQ Group plc ('Shares') on the automatic vesting of the fourth tranche of an allocation of Shares granted on 17 January 2010 under the Plan.

Also on 17 January 2014, 2,653 Shares (0.0004% of the issued share capital) were sold on behalf of Mr Crouch at a price of 219.9p per Share, to satisfy the requirements of the Plan rules in respect of the withholding of Shares to cover federal, state, local and foreign taxes (including employment tax obligations).

As a result of the above transactions, the aggregate number of Shares held beneficially by Jack Crouch is 34,742 Shares, being 0.0053% of the issued share capital.

This notification is made pursuant to rule 3.1.4R of the FCA Disclosure Rules and Transparency Rules.

END

For further information:

Jon Messent, Company Secretary, QinetiQ Group plc

David Bishop, Investor Relations, QinetiQ Group plc

01252 392000

 

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