REG - Intertek Group Plc - Director/PDMR Shareholding

IntertekAnnouncement

14/03/2023 15:00

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RNS Number : 9242S  Intertek Group PLC  14 March 2023

Notification and public disclosure of transactions by persons discharging
managerial responsibilities ('PDMR') and persons closely associated with them
('PCA')

 

On 13 March 2023, under the terms of the Intertek 2021 Long Term Incentive
Plan (the 'Plan') André Lacroix, Chief Executive Officer and PDMR, and
Jonathan Timmis, Chief Financial Officer and PDMR received the following
rights to acquire ordinary shares of 1p each (the 'Shares') in the Company.

 

 Name             Number of     Number of Deferred Shares

                  LTIP Shares
 André Lacroix    72,127        4,947
 Jonathan Timmis  25,547        2,628

 

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 £41.922.

 

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 261,570 shares and Jonathan Timmis has a total interest in
share plans of 104,123 shares.

This announcement, including the notifications below, is made in accordance
with DTR 3.1.2-A, incorporating article 19(1) of the Market Abuse Regulation.

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         1. André Lacroix

                                                                  2. Jonathan Timmis
 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  Ordinary 1p shares

     Identification code

                                                                  ISIN: GB0031638363

 b)  Nature of the transaction                                    Grant of right to acquire shares under the Intertek 2021 Long Term Incentive
                                                                  Plan
 c)  Price(s) and volume(s)

  Price(s)    Volume(s)
                                                                  1.  GBP 41.922  77,074
                                                                  2.  GBP 41.922  28,175

 
 d)  Aggregated information

  Price(s)    Volume(s)
                                                                  1.  GBP 41.922  77,074
                                                                  2.  GBP 41.922  28,175
 e)  Date of the transaction                                      2023-03-13
 f)  Place of the transaction                                     Outside a trading venue

 

d)

Aggregated information

 

 

     Price(s)    Volume(s)
 1.  GBP 41.922  77,074
 2.  GBP 41.922  28,175

e)

Date of the transaction

2023-03-13

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: 14 March 2023

 

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