REG - QinetiQ Group plc - Share Buyback Programme

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RNS Number : 9717X  QinetiQ Group plc  25 March 2026

News release

QinetiQ Group plc

Share Buyback Programme

25 March 2026 - QinetiQ Group plc ("QinetiQ" or the "Group") confirms the
completion by Deutsche Bank AG, London Branch (trading for these purposes as
Deutsche Numis) ("Deutsche Numis") of the latest £50 million tranche of its
share buyback programme, as announced on 17 November 2025.  This was the
second tranche of the £200m extension to its share buyback programme that was
announced by QinetiQ on 17 March 2025, for execution over the following two
years (the "Programme").

QinetiQ has today entered into an agreement with Deutsche Numis to execute the
third tranche of the £200 million Programme, with a maximum aggregate value
of up to £50 million (the "Third Tranche"). Under the Third Tranche, which is
expected to complete by no later than 30 September 2026, Deutsche Numis will
make trading decisions independently of QinetiQ in accordance with certain
pre-set parameters. The Third Tranche will be effected under the authority
granted by shareholders at QinetiQ's Annual General Meeting held on 17 July
2025 (the "2025 Authority"), and any subsequent authority granted at QinetiQ's
2026 Annual General Meeting.  The maximum remaining number of shares that may
be repurchased pursuant to the 2025 Authority is 36,713,640 Ordinary Shares.

Any purchases under the Programme will be carried out on the London Stock
Exchange and any other UK recognised investment exchange which may be agreed,
in accordance with pre-set parameters and in accordance with the Buyback
Authority, Chapter 12 of the UK Financial Conduct Authority's Listing Rules,
and Regulation (EU) No 596/2014 and Commission Delegated Regulation (EU) No
2016/1052 (both as they form part of UK domestic law by virtue of the European
Union (Withdrawal) Act 2018), including where relevant pursuant to the UK
Market Abuse (Amendment) (EU Exit) Regulations 2019.

Any Ordinary Shares purchased pursuant to the Programme will be cancelled, and
the number of Ordinary Shares in issue reduced accordingly.

Additionally, QinetiQ also announces that it intends to make use of the FCA's
updated notification deadline under UKLR 9.6.6R, which permits post-trade
notifications of purchases of own shares to be made no later than the end of
the seventh daily market session following the date of execution. Accordingly,
the Company expects to move from daily to weekly market notifications in
respect of shares purchased under the Programme.

About QinetiQ

QinetiQ is an integrated global defence and security company focused on
mission-led innovation. QinetiQ employs circa 8,000 highly-skilled people,
committed to creating new ways of protecting what matters most; testing
technologies, systems, and processes to make sure they meet operational needs;
and enabling customers to deploy new and enhanced capabilities with the
assurance they will deliver the performance required.

For further information please contact:

 Andrew Carter, Group Director Investor Relations:  +44 (0) 7392 289116
 Stephanie Mann, Group Head of Media Relations:     +44 (0) 7770 720268
 James Field, Company Secretary:                    +44 (0) 7841 662957

 

QinetiQ Group plc LEI: 213800S8OBDOZMCMUW34

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