Director/PDMR Shareholding

By

Regulatory News | 04 Apr, 2022

Updated : 15:03

RNS Number : 1806H
Intertek Group PLC
04 April 2022
 

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

On 1 April 2022, Intertek Group plc (the 'Company') was notified of the following transaction which took place in London with respect to Jonathan Timmis, Chief Financial Officer of the Company and PDMR relating to the vesting of share awards.

Following the vesting of buy-out share awards, 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 1 April 2022.

 

Jonathan Timmis

Total number of shares vesting

13,258

Shares cash settled for tax

6,232

Number of shares acquired after deductions for Tax and NI

7,026

Percentage of issued class acquired

0.004%

Price per share

£52.14

Total shareholding following notification

7,574

Total percentage holding following notification

0.0047%

 

This announcement, including the notifications below, is made in accordance with DTR 3.1.2-A, incorporating article 19(1) of the Market Abuse Regulation.

 

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Jonathan Timmis

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 buy-out share awards on vesting 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 52.14

 

13,258

Shares cash settled to cover tax liabilities on vesting

 

 

GBP 52.14

 

6,232

 

d)

Aggregated information

 

 

 

 

 

 

 

 

 

 

Price(s)

 

Volume(s)

Total number of shares on vesting

 

 

GBP 52.14

 

13,258

Shares cash settled to cover tax liabilities on vesting

 

 

GBP 52.14

 

6,232

e)

Date of the transaction

2022-04-01

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: 4 April 2022

 

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