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Pin to quick picksIntertek Group Regulatory News (ITRK)

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Director/PDMR Shareholding

12 Mar 2018 13:00

RNS Number : 4197H
Intertek Group PLC
12 March 2018
 

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

On 9 March 2018, Intertek Group plc ('the Company') was notified of the following transaction which took place in London with respect to Edward Leigh, Chief Financial Officer of the Company and a PDMR, relating to the vesting of share awards.

Following the vesting of awards of shares under the Intertek Long Term Incentive Plan the subsequent number of Ordinary Shares of 1p each (the 'Shares') in the capital of the Company were, respectively, acquired and cash settled to cover tax and NI liabilities, on 9 March 2018.

Total number of shares vesting

5,677

Shares cash settled for tax

2,669

Number of shares acquired after deductions for Tax and NI

3,008

Percentage of issued class acquired

0.0019%

Price per share

£50.01

Total holding following notification

7,279

Total percentage holding following notification

0.0045%

 

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

Edward Leigh

2

Reason for the notification

a)

Position/status

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

(1) The total number of shares on vesting under the Intertek 2011 Long Term Incentive Plan and (2) Shares cash settled to cover tax liabilities on vesting.

c)

Price(s) and volume(s)

 

Price(s)

Volume(s)

Total number of shares on vesting

GBP 50.01

5,677

Shares cash settled to cover tax liabilities on vesting

GBP 50.01

2,669

 

d)

Aggregated information

 

 

Price(s)

Volume(s)

Total number of shares on vesting

GBP 50.01

5,677

Shares cash settled to cover tax liabilities on vesting

GBP 50.01

2,669

e)

Date of the transaction

2018-03-09

f)

Place of the transaction

London Stock Exchange, Main Market - XLON

 

 

For further information in respect of this announcement please contact:

Fiona Evans, Group Company Secretary +44(0) 207 396 3428

Date of notification: 12 March 2018

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DSHLLFLLVEIFLIT
Date   Source Headline
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21st Dec 20171:00 pmRNSDirector Declaration
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