Director/PDMR Shareholding

RNS Number : 5057V

QinetiQ Group plc

10 August 2015

QinetiQ Group plc

10 August 2015

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

Vesting of Award under the QinetiQ Group plc 2012 Performance Share Plan

The Company announces that on 10 August 2015 the following Executive Director acquired Ordinary Shares of 1p each ('Shares'), as detailed in the table below, as a result of the vesting of part of an award granted on 9 August 2012 under the QinetiQ Group plc 2012 Performance Share Plan ('PSP'):

Director	Number of Shares acquired on vesting under the PSP Award on 10 August 2015	% of Issued Share Capital
David Mellors	65,860	0.01%

The balance of the 2012 PSP award granted to Mr Mellors did not meet the performance targets and has lapsed.

The PSP operates as follows:

Vesting of awards granted under the PSP occurs three years after the award date, subject to the achievement of the following performance conditions:

(i) 50% of an award is subject to an Earnings per Share target set over a three year performance period; and

(ii) 50% of an award is subject to Total Shareholder Return measured over a three year performance period.

No exercise price is applicable for the awards.

As a result of the above transaction, the aggregate number of Shares held beneficially by the Executive Director (across all accounts) is as follows:

Director	Resulting aggregate number of Shares held beneficially (across all accounts)	Total percentage holding following notification
David Mellors	491,769	0.08%