REG - Intertek Group Plc - Director/PDMR Shareholding
RNS Number : 5128OIntertek Group PLC01 June 2020Notification and public disclosure of transactions by persons discharging managerial responsibilities ('PDMR') and persons closely associated with them ('PCA')
On 29 May 2020, 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
LTIP Shares
André Lacroix
44,900
Ross McCluskey
17,612
The LTIP Shares shall normally vest three (3) years from the grant date, subject to continued employment with the Intertek Group and 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 £53.94.
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 190,073 shares and Ross McCluskey has a total interest of 51,813 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 53.94
44,900
2.
GBP 53.94
17,612
d)
Aggregated information
Price(s)
Volume(s)
1.
GBP 53.94
44,900
2.
GBP 53.94
17,612
e)
Date of the transaction
2020-05-29
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: 1 June 2020
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.ENDDSHFIFLTRSILIII
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