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QinetiQ Group plc (QQ.)

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Tuesday 02 July, 2019

QinetiQ Group plc

Director/PDMR Shareholding

RNS Number : 2576E
QinetiQ Group plc
02 July 2019
 

 

QinetiQ Group plc (the "Company")

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


Vested Shares

Shares sold for Income Tax and expenses

Retained Shares

Steve Wadey

150,952

71,197

79,755

 

The Company makes this announcement, including the notification below, in accordance with the requirements of the EU Market Abuse Regulation.

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 / 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

Vesting at 31.7% of the 2016 Performance Share plan and sale of sufficient shares in order to satisfy Income Tax and National Insurance Contributions required to be withheld on release.

 

(c)

Price(s) and volume(s)

                                                Price(s)                                Volume(s)

 

Vesting                                 Nil                           150,952

 

Sale of Shares

To satisfy income

Tax and NICs liability       £2.80                     71,197

 

Transfer of Shares           Nil                           79,755

 

(d)

 

Aggregated information

 

-     Price

-    Volume

 

 

 

 

Vesting:               Price Nil / Volume: 150,952

 

Tax/NI sale:        Price £2.80 / Volume 71,197

 

Transfer:              Price Nil / Volume 79,755

 

(e)

Date of the transaction

2019-07-01

(f)

Place of the transaction

London Stock Exchange XLON

 


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