REG - Intertek Group Plc - Director/PDMR Shareholding

IntertekAnnouncement

22/03/2019 13:00

RNS Number : 7232T
Intertek Group PLC
22 March 2019
 


Notification and public disclosure of transactions by persons discharging managerial responsibilities ('PDMR') and persons closely associated with them ('PCA')
 
On 21 March 2019, under the terms of the Intertek 2011 Long Term Incentive Plan (the 'Plan'), André Lacroix, Chief Executive Officer and PDMR, and Ross McCluskey, Chief Financial Officer and PDMR, received the following rights to acquire ordinary shares of 1p each (the 'Shares') in the Company.
 



Name
 


Number of
Deferred Shares


Number of
LTIP Shares




André Lacroix


15,135


50,117




Ross McCluskey


3,890


20,051



 
The Deferred Shares and LTIP Shares shall normally vest three (3) years from the grant date, subject to continued employment with the Intertek Group.
 
The LTIP Shares are further subject to the achievement of performance targets and holding requirements as per the Group's remuneration policy. The awards were granted on the basis of an average share price of £47.378.
 
No consideration was paid for the grant of the awards. No price is payable on the vesting of the awards.
 
Following this notification, André Lacroix has a total interest under all share plans of 209,477 shares and Ross McCluskey has a total interest of 35,364 shares.
 
This announcement, including the notifications below, is made in accordance with the requirements of the EU Market Abuse Regulation.
 



1


Details of the person discharging managerial responsibilities/person closely associated




a)


Name


1. André Lacroix
2. Ross McCluskey




2


Reason for the notification




a)


Position/status


1. Chief Executive Officer and PDMR
2. Chief Financial Officer and PDMR




b)


Initial notification /Amendment


Initial notification




3


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




a)


Name


Intertek Group plc




b)


LEI


2138003GAT25WW1RN369




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, type of instrument
 
Identification code


Ordinary 1p shares
 
 
 
ISIN: GB0031638363
 




b)


Nature of the transaction


Grant of right to acquire shares under the Intertek 2011 Long Term Incentive Plan




c)


Price(s) and volume(s)


 







Price(s)


Volume(s)




1.


GBP 47.378


65,252




2.


GBP 47.378


23,941



 




d)


Aggregated information
 


 







Price(s)


Volume(s)




1.


GBP 47.378


65,252




2.


GBP 47.378


23,941








e)


Date of the transaction


2019-03-21




f)


Place of the transaction


Outside a trading venue



 
 
For further information in respect of this announcement please contact:
 
Fiona Evans, Group Company Secretary +44(0) 207 396 3428
 
Date of notification: 22 March 2019
 




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