RNS Number : 9242S
Intertek Group PLC
14 March 2023
 

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

 

On 13 March 2023, under the terms of the Intertek 2021 Long Term Incentive Plan (the 'Plan') André Lacroix, Chief Executive Officer and PDMR, and Jonathan Timmis, Chief Financial Officer and PDMR received the following rights to acquire ordinary shares of 1p each (the 'Shares') in the Company.

 

Name

 

Number of

LTIP Shares

Number of Deferred Shares

André Lacroix

72,127

4,947

Jonathan Timmis

25,547

2,628

 

The LTIP Shares shall normally vest three (3) years from the grant date, subject to continued employment with the Intertek Group and are further subject to the achievement of performance targets and holding requirements as per the Group's Remuneration Policy. The awards were granted on the basis of an average share price of £41.922.

 

No consideration was paid for the grant of the awards. No price is payable on the vesting of the awards.

 

Following this notification, André Lacroix has a total interest under all share plans of 261,570 shares and Jonathan Timmis has a total interest in share plans of 104,123 shares.


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

1. André Lacroix  

2. Jonathan Timmis

2

Reason for the notification

a)

Position/status

1. Chief Executive Officer and PDMR 

2. 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

Grant of right to acquire shares under the Intertek 2021 Long Term Incentive Plan

c)

Price(s) and volume(s)

 


Price(s)

Volume(s)

1.

GBP 41.922

77,074

2.

GBP 41.922

28,175

 

d)

Aggregated information

 

 


Price(s)

Volume(s)

1.

GBP 41.922

77,074

2.

GBP 41.922

28,175

e)

Date of the transaction

2023-03-13

f)

Place of the transaction

Outside a trading venue

 

 

 

For further information in respect of this announcement please contact:

 

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

 

Date of notification: 14 March 2023

 

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