22 Mar 2019 13:00
Notification and public disclosure of transactions by persons discharging managerial responsibilities ('PDMR') and persons closely associated with them ('PCA')
On 21 March 2019, Intertek Group plc (the 'Company') was notified of the following transaction which took place in London with respect to André Lacroix, Chief Executive Officer of the Company and a PDMR, relating to the vesting of share awards.
Following the vesting of awards of shares under the Intertek 2011 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 21 March 2019.
Total number of shares vesting | 92,222 |
Shares cash settled for tax | 43,345 |
Number of shares acquired after deductions for Tax and NI | 48,877 |
Percentage of issued class acquired | 0.030% |
Price per share | £47.655 |
Total holding following notification | 394,230 |
Total percentage holding following notification | 0.244% |
This announcement, including the notification 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 | André Lacroix | |||||||||
2 | Reason for the notification | ||||||||||
a) | Position/status | Chief Executive 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) |
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d) | Aggregated information
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e) | Date of the transaction | 2019-03-21 | |||||||||
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: 22 March 2019
Intertek Group (ITRK)