Director/PDMR Shareholding

RNS Number : 2873S
QinetiQ Group plc
22 June 2018
 

 

QinetiQ Group plc (the "Company")

Notification and public disclosure of transactions by persons discharging managerial responsibilities or persons closely associated with them

PDMR

Shares vesting

Dividend equivalent shares received

Total balance shares

Shares sold to cover tax liability

Balance of remaining shares

Steve Wadey

305,913

9,058

314,971

148,502

166,469

 

 

This notification relates to a transaction notified in accordance with the Market Abuse Regulation, further details below:

1.

Details of PDMR / person closely associated with them ("PCA")

(a)

Name

Steve Wadey

2.

Reason for the notification

(a)

Position / status

Chief Executive Officer

(b)

Initial notification / amendment

Initial notification

3.

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

(a)

Name

QinetiQ Group plc

(b)

Legal Entity Identifier Code

213800S8OBDOZMCMUW34

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

 

Identification code

 

 

QinetiQ Group plc ordinary shares of 1 pence

 

 

GB00B0WMWD03

(b)

Nature of the transaction

Vesting of awards granted in 2016 and 2017 under the QinetiQ Group plc 2014 Bonus Banking Plan.

(c)

Price(s) and volume(s)

The shares sold to cover the tax liability arising from the vesting were disposed of at the price and volume noted below:

Price(s)

Volume(s)

 

£2.68132

 

148,502

 

(d)

 

Aggregated information

 

-     Price

 

-     Volume

 

-     Total

 

 

 

 

£2.68132

 

148,502

 

£398,181

 

(e)

Date of the transaction

2018-06-21

(f)

Place of the transaction

London Stock Exchange - XLON

 


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