7 Mar 2012 15:00
Intertek Group plc
Ordinary shares of £0.01 each ("Shares")
Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons in accordance with DTR 3.1.2 R
Director/PDMR: Wolfhart Hauser
Lloyd Pitchford
On 6 March 2012, under the terms of the Intertek 2011 Long Term Incentive Plan (the 'Plan'), Wolfhart Hauser and Lloyd Pitchford received the following rights to acquire ordinary shares of 1p each in the Company ("Shares").
Name
|
Number of Share Awards |
Number of Performance Awards
|
Wolfhart Hauser | 28,696 | 57,392 |
Lloyd Pitchford | 14,248 | 28,496 |
The Share Awards shall normally vest three years from the grant date, subject to continued employment with the Intertek Group. Performance Awards are additionally subject to the achievement of a performance target. The awards were granted on the basis of an average share price of £23.244.
No consideration was paid for the grant of the awards. No price is payable on the vesting of the awards.
Following this notification Wolfhart Hauser has a total interest in 450,306 share awards and Lloyd Pitchford 125,684.
Authorised official of issuer responsible for making notification:
Debbie Walmsley, Assistant Company Secretary
Intertek Group (ITRK)