Director/PDMR Shareholding

QinetiQ Group plc

18 December 2024

 

QinetiQ Group plc (the "Company")

18 December 2024

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

On 16 April 2024 the Company announced that Martin Cooper had been appointed as Chief Financial Officer. Details provided of his remuneration arrangements on appointment, in accordance with the Remuneration Policy (the "Policy") approved by shareholders at the 2023 AGM, were provided in that announcement.

To enact the agreed share awards on appointment, the Company announces that on 18 December 2024, the following share transactions occurred in respect of Martin Cooper, its Group Chief Financial Officer / Director / Person Discharging Managerial Responsibility ("PDMR"):

Long Term Performance Award Plan ("LPA")

A conditional grant of Ordinary Shares under the QinetiQ Group plc LPA over the following maximum number of shares:

PDMR	Number of Shares	Normal Vesting Date
Martin Cooper	277,168	18 December 2027

The LPA grant of Ordinary Shares will vest subject to continued employment and the achievement of stretching performance conditions.

Compensation Share Plan ("CSP")

A conditional grant of Ordinary Shares under the QinetiQ Group plc CSP over the following maximum number of shares:

PDMR	Number of Shares	Normal Vesting Date
Martin Cooper	134,015	31 March 2026
	85,282	31 March 2027

The award was granted under the terms of the CSP and the Ordinary Shares will vest subject to continued employment.

The CSP award is being granted by the Company without prior shareholder approval in general meeting upon reliance of Listing Rule 9.4.2(2) to implement terms agreed to facilitate the participant's recruitment.

No consideration was paid for the grant of the LPA and CSP awards and no payment is due on the release of any shares.

The QinetiQ share price used to calculate the number of shares subject to the awards is £4.104 being the average closing price over a 5 day period prior to the award (aligned with the Remuneration Committee's standard approach).

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

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	Martin Cooper
2	Reason for the Notification
a)	Position / status	Chief Financial Officer/Director
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)	LEI	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	QinetiQ Group plc ordinary shares of 1 pence GB00B0WMWD03
b)	Nature of the transaction	Grant of conditional awards over 277,168 Ordinary Shares under the QinetiQ Group plc Long Term Performance Award
c)	Currency	GBP - British Pound
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	277,168
e)	Aggregated information ·     Price ·     Volume ·     Total ·	Single Transaction
f)	Date of the transaction	18-12-2024
g)	Place of the transaction	Outside of a Trading Venue

1.	Details of PDMR / person closely associated with them ("PCA")
a)	Name	Martin Cooper
2.	Reason for the Notification
a)	Position / status	Chief Financial Officer/Director
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	Award of Shares under the Compensation Share Plan
c)	Currency	GBP - British Pound
d)	Price(s) and volume(s)	Price(s)	Volume(s)
		Nil	219,297
e)	Aggregated information ·     Price ·     Volume ·     Total	Single Transaction
f)	Date of the transaction	18-12-2024
g)	Place of the transaction	Outside of a Trading Venue

Enquiries:

Company Secretary:	James Field, QinetiQ	[phone]
Investor Relations:	Stephen Lamacraft, QinetiQ	[phone]
Media Relations:	QinetiQ Press Office	[phone]

 

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