Director/PDMR Shareholding

RNS Number : 0342C

Intertek Group PLC

11 March 2014

 



Intertek Group plc

Ordinary shares of £0.01 each ("Shares")

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons in accordance with DTR 3.1.2 R

Director/PDMR:          Wolfhart Hauser

                                    Lloyd Pitchford

On 10 March 2014, under the terms of the Intertek 2011 Long Term Incentive Plan (the 'Plan'), Wolfhart Hauser and Lloyd Pitchford received the following rights to acquire ordinary shares of 1p each in the Company ("Shares").

Name	Number of Deferred Bonus Shares (formerly known as Share Awards)	Number of LTIP Performance Shares
Wolfhart Hauser	10,507	46,991
Lloyd Pitchford	5,080	29,535

The Deferred Bonus Shares shall normally vest three years from the grant date, subject to continued employment with the Intertek Group. LTIP Performance Shares are additionally subject to the achievement of performance targets. Both awards are subject to an additional six-month retention requirement after vesting. The awards were granted on the basis of an average share price of £30.41.

No consideration was paid for the grant of the awards.  No price is payable on the vesting of the awards.

Following this notification Wolfhart Hauser has a total interest under all share plans of  205,653 shares and Lloyd Pitchford has a total interest of 109,783 shares.

 

END

 

 

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