Source - LSE Regulatory
RNS Number : 0849T
Intertek Group PLC
23 March 2021
 

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

On 22 March 2021, 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 PDMR, and Ross McCluskey, Chief Financial Officer and 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 22 March 2021.

 

André Lacroix

Ross McCluskey

Total number of shares vesting

40,388

3,340

Shares cash settled for tax

18,983

1,570

Number of shares acquired after deductions for Tax and NI

21,405

1,770

Percentage of issued class acquired

0.013%

0.0011%

Price per share

£53.83

£53.83

Total shareholding following notification

463,940

7,082

Total percentage holding following notification

0.287%

0.0044%

 

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

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)

 

 

Price(s)

 

Volume(s)

Total number of shares on vesting

 

 

GBP 53.83

 

40,388

Shares cash settled to cover tax liabilities on vesting

 

 

GBP 53.83

 

18,983

 

d)

Aggregated information

 

 

 

 

 

 

 

 

 

 

Price(s)

 

Volume(s)

Total number of shares on vesting

 

 

GBP 53.83

 

40,388

Shares cash settled to cover tax liabilities on vesting

 

 

GBP 53.83

 

18,983

e)

Date of the transaction

2021-03-22

f)

Place of the transaction

London Stock Exchange, Main Market - XLON

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Ross McCluskey

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 53.83

 

3,340

Shares cash settled to cover tax liabilities on vesting

 

 

GBP 53.83

 

1,570

 

d)

Aggregated information

 

 

 

 

 

 

 

 

 

 

 

Price(s)

 

Volume(s)

Total number of shares on vesting

 

 

GBP 53.83

 

3,340

Shares cash settled to cover tax liabilities on vesting

 

 

GBP 53.83

 

1,570

e)

Date of the transaction

2021-03-22

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: 23 March 2021

 

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